Active Listing  ·  105 days on market

2235 E 6th St #216

Austin, TX 78702
$479,999
1 Bed 2 Bath 1,003 sqft $479/sqft Built 2007 0.02 acres 1-Car Garage Pool Este Condo

Welcome to Unit 216 at Este Condominiums a luxury New York-style loft in the heart of East Austin's vibrant 78702 zip code. This is not your typical condo. With soaring high ceilings, floor-to-ceiling windows, polished concrete floors, and clean industrial lines, this loft delivers the kind of airy, open-concept living inspired by Manhattan's most sought-after spaces.

At approximately 1,003 square feet with two full bathrooms, the flexible layout lets you live large! Custom built-in closets throughout provide smart, seamless storage without sacrificing the loft's open feel, elegant design features elevate the NY luxury loft feel.

The kitchen features premium KitchenAid appliances and sleek granite countertops, and a beautiful industrial style island great for hosting! New lighting fixtures throughout enhance the space with a warm, contemporary ambiance. Most notably, the entire HVAC system is brand new a significant upgrade that ensures reliable, efficient comfort through those long Texas summers.

The location is hard to beat. Step outside and you are surrounded by the best of East 6th Street, craft breweries like Lazarus and Zilker, acclaimed restaurants like Suerte and Via 313, live music, coffee shops, and independent boutiques all within walking distance. Downtown Austin, Lady Bird Lake, and the hike-and-bike trail are just minutes away, and the nearby Plaza Saltillo Station offers easy transit access. Daily essentials like H-E-B, Whole Foods, and Target are all close by.

The building offers secured entry, gated covered parking, a community grilling area, and pet-friendly dog areas. Google Fiber is available, schools serving this address include Zavala Elementary, Martin Middle, and Eastside Memorial High within Austin ISD.

The unit is currently leased with tennant in place making it ideal for investors looking for a fresh buy and hold or for a primary buyer looking to move in at a later date that wants to take advantage of the opportunity now!

At $479/sqft, this home is priced 23% above the Austin active market average of $391/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

2235 E 6th St #216, Austin, TX 78702

Property Details

Price $479,999
Status Active Listing
Beds 1
Full Baths 2
Half Baths ,
Living Area 1,003 sqft
Lot Size 0.02 acres (884.27 sqft)
Year Built 2007
Garage 1 spaces
Stories ,
Type Residential · Condominium
Subdivision Este Condo
County Travis
Zip Code 78702
$/sqft $479/sqft
Days on Market ,
HOA $255/Monthly
Annual Tax Est. $8,614.6
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT229566014
List Date May 10, 2026
Elementary School Zavala
Middle School Martin
High School Eastside Early College
School District ,

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 · May 10, 2026 $519,999
Previous ask $499,999
Current ask $479,999
Reduced $40,000 (-7.7%) 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
1305 E 6th St #13
1305 Lofts A Condo Amd
$475,000 $413 1 bd / 2 ba 1,150 sqft , 2026-05-08
2108 Rosewood Ave #B
Rosewood
$475,000 $418 2 bd / 3 ba 1,136 sqft , 2026-05-30
2505 E 11th St #2
2505 E 11th Street Condos
$485,000 $541 2 bd / 3 ba 896 sqft , 2026-07-30
81 WALLER St
CANTERBURY SQUARE
$490,000 $633 2 bd / 1 ba 774 sqft , 2026-06-15
1183 Coleto St
Foster
$469,000 $647 2 bd / 1 ba 725 sqft , 2026-03-31

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
$2,304/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
$96,000
20% conventional investment loan

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

Estimated Gross Rent+$2,304
Principal + Interest−$2,620
Property Tax (~2.1% TX avg)−$840
Insurance (~0.5%)−$200
Est. Monthly Cash Flow $-1,356

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 · 30 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. This page was last updated on August 19, 2026.

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