Active Listing  ·  144 days on market

2300 S 5th St #E

Austin, TX 78704
$649,000
2 Bed 3 Bath 1,859 sqft $349/sqft Built 2015 0.06 acres 1-Car Garage Pool 5th A Condo

Bouldin Creek’s vibrant energy meets high-end urban design in this pristine four-level condo featuring a massive rooftop deck with unobstructed downtown Austin views. Offering 1,859 square feet of meticulously maintained living space, the intelligent architectural layout provides distinct zones for living, working, and entertaining. This residence stands out with its multi-level appeal and premium finishes in the heart of the highly coveted 78704 zip code. Ground level is a private guest suite or secondary bedroom, complete with its own dedicated full bathroom and direct access to a covered back patio. The level opens into a fully fenced, private backyard w/ maintained green lawn—a rare & valuable find for urban Austin urban condo living. A secure attached one-car garage provides convenient entry directly into the home's foyer. On the second level, the open-concept main floor shines with rich, Acacia hardwood floors and abundant natural light from large windows. The kitchen is a focal point, boasting high-end stainless steel appliances, a large center island with seating, and crisp white cabinetry with ample storage. A dedicated dining area and spacious living room flow onto a private balcony, creating a perfect environment for entertaining. The third level is entirely dedicated to the luxurious primary suite. This private sanctuary includes a dedicated wet bar—ideal for a morning coffee station—and its own private balcony. The primary bathroom features a double vanity and a modern walk-in shower. Living in Bouldin Creek places you at the epicenter of South Austin's lifestyle. Head to South Congress to browse high-end boutiques and dine at renowned restaurants or walk just a few blocks to Matties, Austin's historic farmhouse restaurant and home of the Bouldin Creek peacocks. Venture to South 1st Street for fine dining, famous food trucks and eclectic shops. To the west, South Lamar offers endless entertainment and legendary dining.

At $349/sqft, this home is 11% below the Austin active market average of $392/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

2300 S 5th St #E, Austin, TX 78704

Property Details

Price $649,000
Status Active Listing
Beds 2
Full Baths 2
Half Baths 1
Living Area 1,859 sqft
Lot Size 0.06 acres (2,674.58 sqft)
Year Built 2015
Garage 1 spaces
Stories ,
Type Residential · Condominium
Subdivision 5th A Condo
County Travis
Zip Code 78704
$/sqft $349/sqft
Days on Market ,
HOA $416/Monthly
Annual Tax Est. $11,409.58
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT225360940
List Date May 1, 2026
Elementary School Becker
Middle School Lively
High School Travis
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 1, 2026 $799,000
Previous ask $675,000
Current ask $649,000
Reduced $150,000 (-18.8%) 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
1110 W Oltorf St
Southwood Sec 01
$649,500 $491 3 bd / 1 ba 1,323 sqft , 2026-09-14
511 South Park Dr #2
Dawson
$649,900 $488 2 bd / 3 ba 1,332 sqft , 2026-07-14
1102 Southwood Rd
Southwood Sec 02
$650,000 $415 3 bd / 1 ba 1,567 sqft , 2026-06-05
1011 Brodie St #8
BOULDIN CREEK COTTAGES AMEND
$650,000 $427 3 bd / 3 ba 1,521 sqft , 2026-06-25
3208 Clawson Rd #4B
Cartwright Lots
$642,000 $384 2 bd / 3 ba 1,670 sqft , 2026-08-01

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
$3,115/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
$129,800
20% conventional investment loan

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

Estimated Gross Rent+$3,115
Principal + Interest−$3,542
Property Tax (~2.1% TX avg)−$1,136
Insurance (~0.5%)−$270
Est. Monthly Cash Flow $-1,833

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 September 15, 2026.

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