Active Listing  ·  47 days on market

2303 East 2nd St #1

Austin, TX 78702
$895,000
3 Bed 4 Bath 1,681 sqft $532/sqft Built 2026 0.04 acres 1-Car Garage Pool New Construction Jones F H

Introducing 2303 E 2nd St #1, a distinctive new-construction residence in the heart of East Austin’s Holly neighborhood. Bold black siding creates a striking architectural presence. A heritage tree provides natural shade outdoors, while floor-to-ceiling windows bring light into the home. The 3-bedroom, 3.5-bath residence features 10-foot ceilings, triple-pane windows and engineered hardwood flooring throughout. The open living area centers around a statement kitchen featuring KitchenAid Juniper appliances. Downstairs, gas and water connections support a future grilling setup. A spacious second living area opens to an all-black terrace—ideal for entertaining, working or relaxing outdoors. The European-inspired primary suite features a curbless dual shower. Enjoy nearby restaurants, coffee shops, parks and trails, plus convenient access to downtown.

No HOA fees and no STR restrictions.

Listing agent is a licensed Texas real estate agent and has an ownership interest in the property.

At $532/sqft, this home is priced 36% above the Austin active market average of $392/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

2303 East 2nd St #1, Austin, TX 78702

Property Details

Price $895,000
Status Active Listing
Beds 3
Full Baths 3
Half Baths 1
Living Area 1,681 sqft
Lot Size 0.04 acres (1,742.4 sqft)
Year Built 2026
Garage 1 spaces
Stories ,
Type Residential · Condominium
Subdivision Jones F H
County Travis
Zip Code 78702
$/sqft $532/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $6,818.83
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT242154279
List Date August 6, 2026
Elementary School Zavala
Middle School Kealing
High School Eastside Early College
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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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
3129 Govalle Ave
Villa Govalle
$895,000 $464 3 bd / 3 ba 1,928 sqft , 2026-06-25
1131 Poquito St #A
11315 Poquito Condo Ame
$899,000 $578 3 bd / 3 ba 1,556 sqft , 2026-04-24
1310 Haskell St
Free & Williams
$899,000 $599 3 bd / 3 ba 1,501 sqft , 2026-09-15
631 Tillery St #1
Holton Tillery Acres
$899,900 $615 3 bd / 3 ba 1,463 sqft , 2026-08-06
1610 Willow St
Riverside
$875,000 $745 4 bd / 3 ba 1,175 sqft , 2026-06-10

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
$4,296/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
$179,000
20% conventional investment loan

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

Estimated Gross Rent+$4,296
Principal + Interest−$4,884
Property Tax (~2.1% TX avg)−$1,566
Insurance (~0.5%)−$373
Est. Monthly Cash Flow $-2,527

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 20, 2026.

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