Active Listing  ·  24 days on market

2804 S 5th St #A

Austin, TX 78704
$925,000
3 Bed 3 Bath 1,931 sqft $479/sqft Built 2013 0.07 acres 2-Car Garage Pool Denizen Condo Amd

Welcome to a stylish retreat in The Denizen, one of South Austin’s most convenient communities. Offering approximately 1,931 square feet across a thoughtfully designed multi-level floor plan, this three-bedroom, two-and-a-half-bath home balances everyday comfort with inviting spaces made for entertaining.

The home flows naturally from the light-filled living room into an expansive open kitchen and dining area. Soaring ceilings and abundant windows enhance the sense of space, while the kitchen features stone countertops, a large center island, breakfast-bar seating, ample cabinetry, and plenty of room to gather. A beverage station with a wine refrigerator adds a polished touch for hosting, while a nearby nook is perfect for a desk or homework station. A balcony off the main living level extends the entertaining space outdoors.

The private primary suite features a walk-in closet and dual vanity. Additional highlights include two secondary bedrooms, in-unit laundry, a private fenced yard, covered outdoor space, and a spacious attached two-car garage.

The Denizen offers a pool, clubhouse, dog park, trails, and green spaces just beyond your doorstep. Located near South Congress, South Lamar, Downtown Austin, restaurants, coffee shops, parks, shopping, and major roadways, the home places some of the city’s most popular destinations within easy reach.

With its generous layout, effortless flow, private outdoor spaces, and sought-after 78704 location, this home offers the space and functionality buyers want without sacrificing access to the best of Austin. The seller is open to considering seller financing, with terms subject to negotiation.

At $479/sqft, this home is priced 23% 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

2804 S 5th St #A, Austin, TX 78704

Property Details

Price $925,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,931 sqft
Lot Size 0.07 acres (3,114.54 sqft)
Year Built 2013
Garage 2 spaces
Stories ,
Type Residential · Condominium
Subdivision Denizen Condo Amd
County Travis
Zip Code 78704
$/sqft $479/sqft
Days on Market ,
HOA $750/Monthly
Annual Tax Est. $11,215.07
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT248105353
List Date September 29, 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.

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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
411 W Live Oak St
Sheltons
$900,000 $506 3 bd / 2 ba 1,780 sqft , 2026-05-15
3700 Garden Villa Ln #2
3700 Garden Villa Condo
$900,000 $449 4 bd / 3 ba 2,005 sqft , 2026-09-13
2003 Wilson St #5
J Bouldin Residences
$950,000 $441 3 bd / 4 ba 2,156 sqft , 2026-09-23
2008 Meadowridge Dr #B
2008 Meadowridge Condo
$950,000 $488 4 bd / 2 ba 1,948 sqft , 2026-10-08
1208 W Oltorf St #B
Southwood
$899,000 $472 3 bd / 4 ba 1,904 sqft , 2026-01-20

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
$4,440/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
$185,000
20% conventional investment loan

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

Estimated Gross Rent+$4,440
Principal + Interest−$5,048
Property Tax (~2.1% TX avg)−$1,619
Insurance (~0.5%)−$385
Est. Monthly Cash Flow $-2,612

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 11, 2026.

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