Active Listing  ·  115 days on market

300 Bowie St #1403

Austin, TX 78703
$1,045,000
3 Bed 3 Bath 1,687 sqft $619/sqft Built 2007 0.00 acres 3-Car Garage Pool Spring Condo Amd

Welcome to this exceptional residence at The Spring! In 2021, Units 1403 and 1404 were skillfully combined and renovated, offering breathtaking panoramic views of the city, water, and greenbelt, all highlighted by modern, high-efficiency LED lighting. Covering approximately 1,700 square feet, this unique residence includes 2 bedrooms, 3 full bathrooms, and a dedicated office that can also serve as a guest room, flex space, or potential third bedroom, along with a walk-in pantry featuring Elfa shelving and two balconies, one featuring a custom pet door and enclosed pet bathroom, perfect for small pets under 25 pounds. The renovation also boasts one of the largest primary bedrooms and closets in the entire development, complete with an ensuite bathroom and double vanity. Enjoy the convenience of THREE parking spaces, one equipped with a dedicated EV charger (with no possibility for additional chargers in the development) in the climate-controlled underground garage on the highly sought after P1 level. Experience the finest in downtown living!

At $619/sqft, this home is priced 58% above the Austin active market average of $392/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

300 Bowie St #1403, Austin, TX 78703

Property Details

Price $1,045,000
Status Active Listing
Beds 3
Full Baths 3
Half Baths ,
Living Area 1,687 sqft
Lot Size 0.00 acres (87.12 sqft)
Year Built 2007
Garage 3 spaces
Stories ,
Type Residential · Condominium
Subdivision Spring Condo Amd
County Travis
Zip Code 78703
$/sqft $619/sqft
Days on Market ,
HOA $1,147/Monthly
Annual Tax Est. $11,402.03
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT232053029
List Date May 30, 2026
Elementary School Mathews
Middle School O Henry
High School Austin
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 · May 30, 2026 $1,195,000
Previous ask $1,145,000
Current ask $1,045,000
Reduced $150,000 (-12.6%) 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
48 East Ave #1310
48 East Condos
$1,049,000 $821 2 bd / 2 ba 1,277 sqft , 2026-03-13
555 E 5th St #2901
Five Fifty 05 Condo Amd
$1,050,000 $598 2 bd / 3 ba 1,755 sqft , 2026-08-09
501 West Ave #1304
Fifth & West Residences
$1,050,000 $791 2 bd / 2 ba 1,327 sqft , 2026-08-14
311 W 5th St #1002
Plaza Lofts Condo Amd
$1,070,000 $564 2 bd / 2 ba 1,897 sqft , 2026-04-28
555 E 5th St #2826
Five Fifty 05 Condo Amd
$995,000 $684 2 bd / 2 ba 1,454 sqft , 2026-03-25

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
$5,016/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
$209,000
20% conventional investment loan

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

Estimated Gross Rent+$5,016
Principal + Interest−$5,703
Property Tax (~2.1% TX avg)−$1,829
Insurance (~0.5%)−$435
Est. Monthly Cash Flow $-2,951

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 18, 2026.

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