Active Listing  ·  21 days on market

2702 Crest Ave #1

Austin, TX 78702
$425,000
3 Bed 2 Bath 1,034 sqft $411/sqft Built 1930 0.07 acres Pool Rosewood

Welcome to this beautifully updated single-story home offering comfort, charm, and thoughtful modern upgrades. Built in 1930 but taken down to the studs in 2018, the home features updated plumbing, electrical, HVAC, roof, and more; providing peace of mind alongside its stylish finishes. A welcoming covered front porch creates the perfect place to enjoy your morning coffee and take in Rosewood. Inside, hardwood floors, recessed lighting, and charming wood-framed windows fill the home with warmth and natural light. The updated kitchen blends style and function with tile flooring, quartz countertops, shaker-style cabinetry, and stainless steel appliances, creating an inviting space for both everyday living and entertaining. The updated bathrooms feature modern finishes that complement the homes timeless character. Just off the back of the home, a spacious enclosed laundry room offers flexibility beyond everyday utility. With walls of windows and plenty of room for seating or a small table, it has the feel of a sunroom and can easily serve as a secondary living area, hobby space, or casual dining nook while still functioning as a practical laundry room. Outside, a private fenced yard with a patio provides the perfect setting for outdoor dining, relaxing, or entertaining. One of just two detached units in a site condominium regime, this property lives like a true single-family home with no HOA dues, plus separate utilities and insurance, offering added independence and ease of ownership. Blending classic character with modern updates, this move-in-ready home offers easy living in the heart of East Austin.

At $411/sqft, this home is priced 5% above the Austin active market average of $393/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

2702 Crest Ave #1, Austin, TX 78702

Property Details

Price $425,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,034 sqft
Lot Size 0.07 acres (3,097.12 sqft)
Year Built 1930
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Rosewood
County Travis
Zip Code 78702
$/sqft $411/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $7,792.95
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT245498937
List Date September 2, 2026
Elementary School Oak Springs
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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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 · September 2, 2026 $445,000
Current ask $425,000
Reduced $20,000 (-4.5%) 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
1206 Luna St #2
Chernosky No 9
$425,000 $465 2 bd / 3 ba 914 sqft , 2026-04-16
1807 Ulit Ave #B
Ulit Condo
$425,000 $471 2 bd / 2 ba 902 sqft , 2026-07-22
2002 E 7th St #217
Eastline Condos
$424,900 $366 2 bd / 2 ba 1,162 sqft , 2026-06-25
3206 Goodwin Ave
Spillar & Greenwood Add
$424,900 $355 3 bd / 1 ba 1,198 sqft , 2026-09-11
3101 W Govalle Ave #111
Division A, HOM Condominiums
$439,000 $391 2 bd / 2 ba 1,124 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
$2,040/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
$85,000
20% conventional investment loan

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

Estimated Gross Rent+$2,040
Principal + Interest−$2,319
Property Tax (~2.1% TX avg)−$744
Insurance (~0.5%)−$177
Est. Monthly Cash Flow $-1,200

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 21, 2026.

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