Active Listing  ·  31 days on market

222 West Ave #1005

Austin, TX 78701
$550,000
1 Bed 1 Bath 685 sqft $803/sqft Built 2014 0.01 acres 1-Car Garage Pool Waterfront Seaholm Residences Residential

Rare opportunity to own an exceptional terrace residence at the highly sought-after Seaholm Residences. This distinctive home offers the perfect blend of sophisticated urban living and private outdoor tranquility, featuring an impressive 660-square-foot private terrace with stunning city views. Surrounded by $70,000 worth of lush trees and beautiful Restoration Hardware planters, this extraordinary outdoor retreat provides a peaceful escape in the heart of downtown Austin.

Inside, luxurious modern finishes and floor-to-ceiling windows create a sleek, contemporary atmosphere filled with natural light. Residents enjoy an exceptional collection of amenities, including a resort-style pool, fire pit, clubroom, fitness center, business center, dog park, and dedicated dog-washing station. Additional conveniences include 24-hour concierge and security services, as well as laundry services.

The residence includes a premium parking space on G4, the garage’s second parking level, a private storage unit, gas cooking, washer and dryer, spacious bathroom, and a custom closet.

Ideally situated just steps from Lady Bird Lake, acclaimed dining, and premier shopping, Seaholm offers an unmatched downtown lifestyle. With its rare private terrace, beautiful city views, and desirable location, this residence presents a truly special opportunity to experience the best of downtown Austin living.

At $803/sqft, this home is priced 106% above the Austin active market average of $390/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

222 West Ave #1005, Austin, TX 78701

Property Details

Price $550,000
Status Active Listing
Beds 1
Full Baths 1
Half Baths ,
Living Area 685 sqft
Lot Size 0.01 acres (217.8 sqft)
Year Built 2014
Garage 1 spaces
Stories ,
Type Residential · Condominium
Subdivision Seaholm Residences Residential
County Travis
Zip Code 78701
$/sqft $803/sqft
Days on Market ,
HOA $678.66/Monthly
Annual Tax Est. $10,538.91
Pool Yes
Waterfront Yes
New Construction ,
MLS # ACT249546880
List Date October 12, 2026
Elementary School Mathews
Middle School O Henry
High School Austin
School District Austin ISD

Austin ISD

Mathews · O Henry · Austin

Luke Allen (TREC #788149) has deep knowledge of Austin and surrounding markets. Whether you're buying, selling, or just researching comparable sales, reach out for a no-pressure conversation.

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Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · October 12, 2026 $565,000
Current ask $550,000
▼ Reduced $15,000 (-2.7%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

Similar Homes on the Market in Austin

Comparable Listings Right Now

Homes currently for sale in Austin with similar bedroom count, size, and price range, giving you real-time context for how this property's asking price compares to the active market.

AddressList Price$/sqftBeds/BathsSqftDOMListed
84 East Ave #3808
VESPER Zopp Add
$550,000 $825 1 bd / 1 ba 667 sqft , 2026-08-04
84 East Ave #1902
VESPER Zoppp Add
$550,000 $789 1 bd / 1 ba 697 sqft , 2026-09-16
360 Nueces St #3907
Residential Condo Amd 360
$540,000 $634 1 bd / 1 ba 852 sqft , 2026-06-15
1122 Colorado St #1202
Westgate Condo Amd
$560,000 $688 1 bd / 1 ba 814 sqft , 2026-07-30
48 East Ave #1308
48 East Condos
$562,000 $700 1 bd / 1 ba 803 sqft , 2026-06-12

Source: ACTRIS MLS, live listings. Similar by ±1 bed, ±35% price, ±35% sqft. Contact Luke for a formal comparative market analysis.

Investment Analysis

Rental Income Potential

The numbers below use conservative Austin-market assumptions. They are estimates, not a guarantee. Actual rents vary by condition, timing, and management. Read our full Austin rental property guide →

Est. Monthly Rent
$2,640/mo
0.48% rule · conservative Austin est.
Gross Yield
5.76%
Annual rent ÷ purchase price
Cap Rate (est.)
3.46%
NOI after 40% vacancy + expenses
Down Payment
$110,000
20% conventional investment loan

Monthly Cash Flow Breakdown (assumes 20% down · 7.25% rate)

Estimated Gross Rent+$2,640
Principal + Interest−$3,002
Property Tax (assumed ~2.1%)−$963
Insurance (assumed ~0.5%)−$229
Est. Monthly Cash Flow $-1,554

At current rates and prices, many Austin luxury properties run neutral or slightly negative on pure cash flow, appreciation and equity paydown are the primary return drivers. BRRRR and off-market acquisitions can improve day-one cash flow. Learn about the BRRRR method in Austin →

Commute & Employment

Major Employers Near Austin, TX

Austin sits within commuting range of Austin's major tech, manufacturing, and corporate campuses. Approximate drive times from this area:

Tesla Gigafactory 15-25 min E
Apple Campus (Domain) 20-30 min N
Google / Meta / Indeed 10-15 min downtown
Dell Medical School / UT Austin 10-20 min
Samsung Austin Semiconductor 25 min N

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About the Author
Luke Allen, Austin TX Realtor, TREC #788149
Luke Allen
Licensed Austin TX Realtor · TREC #788149 · Full-time since 2019
★★★★★ 5.0 on Google · 41 Reviews

Luke Allen is a full-time Austin TX Realtor with the Austin Marketing + Development Group brokerage. He works with buyers, sellers, and investors across every Austin ISD and the surrounding neighborhoods, from Downtown and East Austin to Round Rock, Cedar Park, and the Hill Country. Every page on this site is written and maintained by Luke. The written content was last updated on October 20, 2026.

📞 (254) 718-2567 [email protected] More about Luke →

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