Active Listing  ·  43 days on market

2301 S 5th St #5

Austin, TX 78704
$1,090,000
3 Bed 4 Bath 2,060 sqft $529/sqft Built 2009 0.04 acres 1.5-Car Garage Pool South 05 Amd

Welcome to an exquisite urban retreat nestled in Bouldin Creek. This elegant and modern 3-bedroom, 3.5-bathroom home spans 2,060 square feet, showcasing a seamless blend of steel-and-concrete construction and five-star green energy efficiency, with recent exterior upgrades. This stunning multi-level residence offers the perfect blend of modern design, versatility, and prime location. Well-designed living space, this home is a dream for those seeking a live/work lifestyle. 1st-level office or bedroom, zoned for commercial use, with street access, providing the ultimate live/work scenario with an en suite bath. Ideally located near the garage and has additional closet space in the hallway. The second level boasts an open floor plan with a spacious living area, polished concrete floors, and a gourmet kitchen complete with a large center island, quartz countertops, top-of-the-line cabinetry, stainless steel appliances, and gas cooking. On the third level, you will find the primary suite with a spa-like bathroom featuring a soaking tub, walk-in shower, subway tile, and dual vanity. You will also find a secondary bedroom, full bath, and dedicated laundry area. Stairs lead up to a small wet bar that opens onto an expansive rooftop terrace, creating a perfect setting for entertaining, gardening, and admiring the night sky. Floor-to-ceiling windows throughout provide abundant natural light and a serene treehouse feel, nestled among heritage oaks. Additional features include an attached covered parking spot, a 1.5-car garage with space for an additional vehicle, energy-efficient solar panels, and Google Fiber wiring. South5th HOA dues cover access to community amenities, including the pool, hot tub, general grounds maintenance, master insurance, and water. Conveniently located near South 1st and South Congress dining and entertainment, as well as Zilker Park, Barton Springs, and Lady Bird Lake.

At $529/sqft, this home is priced 35% 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

2301 S 5th St #5, Austin, TX 78704

Property Details

Price $1,090,000
Status Active Listing
Beds 3
Full Baths 3
Half Baths 1
Living Area 2,060 sqft
Lot Size 0.04 acres (1,742.4 sqft)
Year Built 2009
Garage 1.5 spaces
Stories ,
Type Residential · Condominium
Subdivision South 05 Amd
County Travis
Zip Code 78704
$/sqft $529/sqft
Days on Market ,
HOA $611/Monthly
Annual Tax Est. $15,965.75
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT235559281
List Date June 22, 2026
Elementary School Barton Hills
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.

Schedule a Call →

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
2611 Oak Crest Ave #B
Oak Ridge Heights Sec 01
$1,085,000 $628 3 bd / 3 ba 1,727 sqft , 2026-04-17
613 W Annie St #A
613 West Annie Street Condomin
$1,085,000 $697 2 bd / 3 ba 1,556 sqft , 2026-05-13
900 S 2nd St #21
Bouldin Court Condos
$1,085,000 $658 3 bd / 3 ba 1,650 sqft , 2026-06-25
5932 Highland Hills Dr
Highland Hills Sec 05 Ph 02
$1,095,000 $429 4 bd / 3 ba 2,551 sqft , 2026-05-06
5511 Joe Sayers Ave #B
Broadacres
$1,095,000 $524 3 bd / 4 ba 2,089 sqft , 2026-05-08

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
$5,232/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
$218,000
20% conventional investment loan

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

Estimated Gross Rent+$5,232
Principal + Interest−$5,949
Property Tax (~2.1% TX avg)−$1,908
Insurance (~0.5%)−$454
Est. Monthly Cash Flow $-3,079

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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