Active Listing  ·  56 days on market

2303 E Side Dr #201

Austin, TX 78704
$209,000
1 Bed 1 Bath 676 sqft $309/sqft Built 1963 0.03 acres Pool Creekside Terrace Condo

Come home to a coveted 2nd-story corner condo with 1+ bedrooms (includes dedicated office room!) in the heart of 78704. The location cannot be beat - Nestled in a gated community in the heart of one of Austin's best neighborhoods, Travis Heights, you're just a short walk from St. Edward's University, beloved cafes, restaurants, bars, groceries, shopping, and all the vibrant energy of South Congress. You're surrounded by multi-million dollar homes just down East Side Drive, and close to beautiful trails too!

With no upstairs neighbors, this fully-updated airy condo features bamboo flooring throughout, a newly updated kitchen and bath, a spacious bedroom, and a walk-in closet. All of the exterior windows are updated, 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.

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 $309/sqft, this home is 21% 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 $209,000
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 $309/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 →

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 · August 13, 2026 $219,000
Current ask $209,000
▼ Reduced $10,000 (-4.6%) 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
3018 1st St #109
Loft Condo Amd The
$189,900 $329 1 bd / 1 ba 578 sqft , 2025-07-18
1202 Newning Ave #208
Madrid Condo
$229,000 $347 1 bd / 1 ba 660 sqft , 2026-08-31
3417 Willowrun Dr #C
3417 WILLOWRUN DRIVE CONDOMINIUMS
$235,000 $399 1 bd / 1 ba 589 sqft , 2026-06-25
300 Crockett St #315
Courtyard Condo Amd
$244,900 $354 1 bd / 1 ba 692 sqft , 2026-05-14
2215 Post Rd #2044
Travis Oaks Condo Amd
$249,000 $364 1 bd / 1 ba 685 sqft , 2026-09-07

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
$1,003/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
$41,800
20% conventional investment loan

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

Estimated Gross Rent+$1,003
Principal + Interest−$1,141
Property Tax (~2.1% TX avg)−$366
Insurance (~0.5%)−$87
Est. Monthly Cash Flow $-591

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 October 6, 2026.

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