Active Listing  ·  188 days on market

2302 East Side Dr #28

Austin, TX 78704
$348,500
2 Bed 2 Bath 964 sqft $362/sqft Built 1972 0.03 acres Pool Travis Heights Terrace Condomi

Stylish, low-maintenance living in a prime South Austin location! This thoughtfully designed residence features a sleek kitchen with quartz and wood countertops, complemented by luxury tile flooring throughout. Refrigerator, washer, and dryer convey, making move-in effortless. The flexible floor plan offers two bedrooms plus a private office, along with one and one-half baths—perfect for modern living, working, and entertaining. Enjoy the ease of a gated community with covered, reserved parking for two vehicles and a private storage locker. HOA covers exterior maintenance and insurance, water, trash, and access to the community pool—so you can spend more time enjoying the lifestyle and less time on upkeep. Unbeatable walkability to South Congress, St. Edward’s University, Stacy Park & Pool, and Lady Bird Lake puts Austin’s best dining, shopping, and outdoor recreation right at your doorstep. Urban convenience meets lock-and-leave comfort in this standout property.

At $362/sqft, this home is 7% below the Austin active market average of $391/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

2302 East Side Dr #28, Austin, TX 78704

Property Details

Price $348,500
Status Active Listing
Beds 2
Full Baths 1
Half Baths 1
Living Area 964 sqft
Lot Size 0.03 acres (1,485.4 sqft)
Year Built 1972
Garage ,
Stories ,
Type Residential · Condominium
Subdivision Travis Heights Terrace Condomi
County Travis
Zip Code 78704
$/sqft $362/sqft
Days on Market ,
HOA $465.16/Monthly
Annual Tax Est. $7,487.23
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT217044464
List Date January 28, 2026
Elementary School Travis Hts
Middle School Lively
High School Crockett
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
4801 S Congress Ave #H1
Bel Air Condominiums
$348,000 $387 1 bd / 2 ba 900 sqft , 2026-06-12
2505 Thornton Rd #2204
Thornton Trails
$349,000 $475 1 bd / 1 ba 735 sqft , 2026-05-27
54 Rainey St #811
Milago Condo Amd
$349,000 $462 1 bd / 1 ba 756 sqft , 2026-06-05
2124 E 6th St E #205
Twentyone24 Condo Amd
$349,000 $419 1 bd / 1 ba 832 sqft , 2026-06-18
8829 Francia Trl
Park Ridge
$349,000 $280 3 bd / 2 ba 1,247 sqft , 2026-07-02

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
$1,673/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
$69,700
20% conventional investment loan

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

Estimated Gross Rent+$1,673
Principal + Interest−$1,902
Property Tax (~2.1% TX avg)−$610
Insurance (~0.5%)−$145
Est. Monthly Cash Flow $-984

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 →

Neighborhood Context

About Travis Heights

Travis Heights is the neighborhood that South Austin residents fight over. Perched on hilly terrain south of the river between South Congress and Congress Avenue, it combines the best of South Austin's character - eclectic homes, mature trees, creative energy - with genuine walkability to one of Austin's best commercial corridors.

The streets roll up and down in a way that's unusual for Austin, creating sightlines and privacy that flat neighborhoods can't offer. Homes here range from original craftsman bungalows and Victorian cottages to architecturally significant modern builds taking advantage of the topography.

🛍️
South Congress Access

Walking distance to the South Congress corridor - Austin's most eclectic commercial street, with restaurants, bars, boutiques, and the Continental Club.

🌳
Mature Tree Cover

Some of the best tree canopy in South Austin. The hilly terrain means homes have natural privacy from the street and each other.

🏊
Big Stacy Park

Neighborhood park with a spring-fed swimming pool, tennis courts, and playground - a true community asset that's a short walk for most residents.

🏘️
Neighborhood Character

Architecture ranges from 1910 craftsman bungalows to striking modern infill. The variety is part of the appeal - no two blocks look the same.

Full Travis Heights Guide →

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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