Active Listing  ·  7 days on market

2709 5th St E #1306

Austin, TX 78702
$419,999
2 Bed 2 Bath 1,204 sqft $349/sqft Built 2019 0.02 acres Pool Santa Rosa Condos

Discover contemporary urban living in the heart of vibrant East Austin at Santa Rosa Condominiums. This stylish two-bedroom, two-bath residence offers a thoughtfully designed, open-concept floor plan that seamlessly connects the living, dining, and kitchen areas, creating an inviting space for everyday living and entertaining. The well-appointed kitchen features granite countertops, a center island, modern appliances, and recessed lighting. Wood and tile flooring, abundant natural light, and contemporary finishes complement the home's clean, sophisticated aesthetic. A private balcony provides an inviting outdoor retreat, while assigned covered parking adds everyday convenience. Residents enjoy access to community amenities, including gated access, a rooftop lounge, and shared gathering spaces. Ideally situated in one of Austin's most dynamic neighborhoods, the property offers convenient access to downtown Austin, acclaimed restaurants, coffee shops, entertainment, and the eclectic culture that makes East Austin so desirable. An exceptional opportunity to enjoy low-maintenance urban living in a prime central Austin location.

At $349/sqft, this home is 11% 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

2709 5th St E #1306, Austin, TX 78702

Property Details

Price $419,999
Status Active Listing
Beds 2
Full Baths 2
Half Baths ,
Living Area 1,204 sqft
Lot Size 0.02 acres (1,006.24 sqft)
Year Built 2019
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Santa Rosa Condos
County Travis
Zip Code 78702
$/sqft $349/sqft
Days on Market ,
HOA $311/Monthly
Annual Tax Est. $12,460.21
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT250096751
List Date October 16, 2026
Elementary School Govalle
Middle School Martin
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
2002 E 7th St #217
Eastline Condos
$424,900 $366 2 bd / 2 ba 1,162 sqft , 2026-06-25
1615 E 7th St #208
1615 East 7th Condos
$409,000 $400 1 bd / 1 ba 1,022 sqft , 2026-02-24
1115 Kirk Ave
Goodwin E C
$432,000 $460 3 bd / 1 ba 940 sqft , 2026-10-03
2108 Rosewood Ave #B
Rosewood
$439,000 $386 2 bd / 3 ba 1,136 sqft , 2026-05-30
2235 E 6th St #204
ESTE; Condominium
$399,999 $426 1 bd / 1 ba 940 sqft , 2026-03-23

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
$2,016/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
$84,000
20% conventional investment loan

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

Estimated Gross Rent+$2,016
Principal + Interest−$2,292
Property Tax (~2.1% TX avg)−$735
Insurance (~0.5%)−$175
Est. Monthly Cash Flow $-1,186

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 17, 2026.

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