Active Listing  ·  109 days on market

2611 Oak Crest Ave #A

Austin, TX 78704
$1,135,000
3 Bed 3 Bath 1,910 sqft $594/sqft Built 2026 0.19 acres 1-Car Garage Pool New Construction Oak Ridge Heights Sec 01

New construction in 78704. Built in 2026, this 3-bedroom, 2.5-bath site condo delivers the feel of a single-family home with none of the traditional condo tradeoffs. The main level features an open floor plan with 10-foot ceilings, hardwood floors, and a chef's kitchen anchored by a large waterfall island, custom white oak cabinetry, quartz countertops, walk-in pantry, and stainless steel appliances including an integrated refrigerator and gas range. Step outside to a private backyard patio, a defining feature of the best new construction in South Austin.

Upstairs, a second living area provides flexible space for a media room, game room, or home office. The primary suite offers vaulted ceilings, a walk-in closet, and a spa-like ensuite with walk-in shower and double vanity. Two additional bedrooms share a well-appointed full bath.

Located minutes from South Congress Ave, South Lamar Blvd, and South First Street. Austin's best restaurants, coffee, boutiques, and live music are at your doorstep.

At $594/sqft, this home is priced 52% above the Austin active market average of $391/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

2611 Oak Crest Ave #A, Austin, TX 78704

Property Details

Price $1,135,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,910 sqft
Lot Size 0.19 acres (8,446.28 sqft)
Year Built 2026
Garage 1 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Oak Ridge Heights Sec 01
County Travis
Zip Code 78704
$/sqft $594/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $18,140
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT226043901
List Date April 17, 2026
Elementary School Dawson
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
2201 E 9th St
Prospect At East Ninth Garden
$1,139,000 $454 4 bd / 3 ba 2,509 sqft , 2026-07-02
1113 BLUEBONNET Ln
SOUTH LUND PARK SEC 4
$1,139,000 $533 4 bd / 2 ba 2,137 sqft , 2026-07-09
1937 Rue De St. Tropez None #10
St. Tropez Condominiums
$1,130,000 $473 2 bd / 3 ba 2,390 sqft , 2026-04-09
901 W 9th St #706
Nokonah Condo Amd
$1,125,000 $698 2 bd / 3 ba 1,611 sqft , 2026-02-04
3907 Becker Ave
Country Club Heights
$1,125,000 $437 4 bd / 3 ba 2,574 sqft , 2026-02-12

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
$5,448/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
$227,000
20% conventional investment loan

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

Estimated Gross Rent+$5,448
Principal + Interest−$6,194
Property Tax (~2.1% TX avg)−$1,986
Insurance (~0.5%)−$473
Est. Monthly Cash Flow $-3,205

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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