Active Listing  ·  11 days on market

2303 E Side Dr #201

Austin, TX 78704
$219,000
1 Bed 1 Bath 676 sqft $324/sqft Built 1963 0.03 acres Pool Creekside Terrace Condo

Come home to a coveted 2nd-story corner condo with a dedicated office in the heart of 78704. Lovingly cared for and tastefully remodeled by the same owner-occupant for the past 16 years, this light-filled home features bamboo flooring throughout, a beautifully updated kitchen and bath, a spacious bedroom, and a walk-in closet. Owner upgraded all of the exterior windows recently, and the HVAC is just 5 years old.

The value extends beyond the front door. Your HOA includes almost all utilities, high-speed internet, cable, and premium channels like HBO, plus access to a sparkling pool and well-equipped gym. There are no STR restrictions or minimum lease requirments here, so you can choose to rent it out at any lease length, even short-term. Just across the beautifully-treed courtyard, you'll find convenient laundry, a resident lounge, and access to a private creek.

Nestled in a gated community in the heart of Central South Austin, you're just minutes, or a short stroll, from beloved cafes, restaurants, bars, groceries, shopping, and all the vibrant energy of South Congress. Plus, St. Ed's University is only a 10 minutes walk away.

Corner units in this community rarely come available. This is a special opportunity to own in one of Austin's most sought-after neighborhoods and build equity in a truly walkable location.

At $324/sqft, this home is 17% 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

2303 E Side Dr #201, Austin, TX 78704

Property Details

Price $219,000
Status Active Listing
Beds 1
Full Baths 1
Half Baths ,
Living Area 676 sqft
Lot Size 0.03 acres (1,132.56 sqft)
Year Built 1963
Garage ,
Stories ,
Type Residential · Condominium
Subdivision Creekside Terrace Condo
County Travis
Zip Code 78704
$/sqft $324/sqft
Days on Market ,
HOA $289.97/Monthly
Annual Tax Est. $4,700.33
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT243229649
List Date August 13, 2026
Elementary School Travis Hts
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
2303 East Side Dr #211
Creekside Terrace Condo
$225,000 $326 1 bd / 1 ba 691 sqft , 2026-05-08
2302 East Side Dr #6
Travis Heights Terrace Condomi
$210,000 $436 1 bd / 1 ba 482 sqft , 2026-07-06
3417 Willowrun Dr #C
3417 WILLOWRUN DRIVE CONDOMINIUMS
$235,000 $399 1 bd / 1 ba 589 sqft , 2026-06-25
300 Crockett St #210
Courtyard Condo Amd
$235,000 $367 1 bd / 1 ba 641 sqft , 2026-07-08
3018 S 1st St #205
Loft Condo Amd The
$195,000 $345 1 bd / 1 ba 565 sqft , 2026-07-22

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
$1,051/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
$43,800
20% conventional investment loan

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

Estimated Gross Rent+$1,051
Principal + Interest−$1,195
Property Tax (~2.1% TX avg)−$383
Insurance (~0.5%)−$91
Est. Monthly Cash Flow $-618

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 22, 2026.

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