Active Listing  ·  39 days on market

300 Bowie St #2706

Austin, TX 78703
$499,000
1 Bed 1 Bath 698 sqft $715/sqft Built 2007 0.00 acres 1-Car Garage Pool Spring Condo Amd

Welcome to unit #2706 at Spring Condominiums, a rarely available updated one-bedroom, one-bath residence situated high above downtown Austin! Spring is a luxury building known for offering residents unmatched privacy, efficient floorplans, and panoramic views. Inside you’ll find a renovated living space with engineered hardwood floors throughout. The kitchen features new quartz countertops along with a thoughtfully designed bathroom suite with a custom vanity and walk in shower! The large north facing balcony provides additional space to relax and take in the views. Enjoy endless amenities of this luxury high rise, including a resort style pool, on site gym, communal work space as well as a 24/7 onsite concierge. Walking distance to the Seaholm District, Trader Joe's, Whole Foods, and Town Lake Hike and Bike Trail. Condo temporarily not warrantable while pool completion is in progress. Preferred lender contact upon request

At $715/sqft, this home is priced 83% 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

300 Bowie St #2706, Austin, TX 78703

Property Details

Price $499,000
Status Active Listing
Beds 1
Full Baths 1
Half Baths ,
Living Area 698 sqft
Lot Size 0.00 acres (87.12 sqft)
Year Built 2007
Garage 1 spaces
Stories ,
Type Residential · Condominium
Subdivision Spring Condo Amd
County Travis
Zip Code 78703
$/sqft $715/sqft
Days on Market ,
HOA $495/Monthly
Annual Tax Est. $8,131.13
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT240005718
List Date July 15, 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 · July 15, 2026 $515,000
Current ask $499,000
Reduced $16,000 (-3.1%) 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 #1104
Natiivo Austin
$499,000 $559 1 bd / 1 ba 893 sqft , 2026-03-06
222 West Ave #2207
Seaholm Residences Residential
$499,000 $728 1 bd / 1 ba 685 sqft , 2026-04-24
222 West Ave #2507
Seaholm Residences Residential
$499,000 $728 1 bd / 1 ba 685 sqft , 2026-06-12
48 E East Ave #1706
Natiivo Austin, Zoppp Add
$495,000 $667 1 bd / 1 ba 742 sqft , 2026-03-28
48 East Ave #1707
Zoppp Add
$495,000 $708 1 bd / 1 ba 699 sqft , 2026-03-29

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
$2,395/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
$99,800
20% conventional investment loan

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

Estimated Gross Rent+$2,395
Principal + Interest−$2,723
Property Tax (~2.1% TX avg)−$873
Insurance (~0.5%)−$208
Est. Monthly Cash Flow $-1,409

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 August 3, 2026.

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