Active Listing  ·  88 days on market

2303 East Side Dr #211

Austin, TX 78704
$225,000
1 Bed 1 Bath 691 sqft $326/sqft Built 1963 0.03 acres Pool Creekside Terrace Condo

Live just steps from the best of South Congress — restaurants, pubs, HEB, and iconic local attractions are all within walking distance. This well-maintained boutique condo community features recent exterior updates, including a newer roof, and Unit #211 offers an unusually spacious one-bedroom layout with a flexible study/office/sitting area. Large windows overlook the pool and green space, filling the home with natural light.

Inside, you’ll find solid-surface flooring throughout with no carpet, an updated bathroom with a walk-in shower and built-in bench, and an open kitchen featuring butcher block countertops. The living and dining area includes custom built-in shelving, perfect for displaying records, books, art, or collections. HOA covers exterior building/flood insurance, water & trash, sewer, Gas, hot water, Spectrum Cable & Internet package. What a value!

At $326/sqft, this home is 17% 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

2303 East Side Dr #211, Austin, TX 78704

Property Details

Price $225,000
Status Active Listing
Beds 1
Full Baths 1
Half Baths ,
Living Area 691 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 $326/sqft
Days on Market ,
HOA $290/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT229208567
List Date May 8, 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.

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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
4361 S Congress Ave #427
Public Condos Bldg 2
$225,000 $300 1 bd / 1 ba 749 sqft , 2025-05-02
3204 Menchaca Rd #105
Ivy 78704 Condo Amd The
$225,000 $245 2 bd / 2 ba 920 sqft , 2026-04-18
910 Duncan Ln #50
Pointe Condominiums Amended The
$225,000 $359 1 bd / 1 ba 626 sqft , 2026-03-08
5820 Berkman Dr #110
Verandas On Berkman Condominium
$225,000 $285 2 bd / 1 ba 789 sqft , 2026-04-22
2804 Rio Grande St #201
Westview Condo
$225,000 $391 1 bd / 1 ba 576 sqft , 2026-05-01

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
$1,080/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
$45,000
20% conventional investment loan

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

Estimated Gross Rent+$1,080
Principal + Interest−$1,228
Property Tax (~2.1% TX avg)−$394
Insurance (~0.5%)−$94
Est. Monthly Cash Flow $-636

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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