Active Listing  ·  63 days on market

300 Bowie St #PH2

Austin, TX 78703
$4,750,000
3 Bed 4 Bath 3,615 sqft $1,314/sqft Built 2009 0.01 acres 3-Car Garage Pool Spring Condo Amd

This two-story penthouse -- designed by Dick Clark Architecture -- occupies the coveted southeast corner atop the Spring Condominiums. From every room, floor-to-ceiling windows present you with stunning views of Lady Bird Lake, downtown Austin, and the Hill Country. // The 3-bedroom, 4-bath home features luxury finishes including Italian cabinetry, quartz countertops, imported marble, and hand-scraped hardwood floors. The spacious living area is ideal for entertaining, with an elegant kitchen that includes Wolf and Bosch appliances, a Sub-Zero refrigerator, and an EcoSmart fireplace. //

The spectacular private rooftop terrace, featuring custom seating and landscaping, has hosted musical performances and when not in use for entertaining serves as a dedicated space for your pets. The master suite includes a large soaking tub, walk-in shower, double vanity, and separate closets for both partners. Practical amenities include three garage spaces and two private storage units. // The Spring Condominiums offer premium amenities, including 24/7 concierge service, in-building guest suites for owners friends & family, a fitness center, and a heated pool with an outdoor entertainment area featuring a serving bar and grill. There’s also a private owner’s lounge and dining area. // Located just steps from Whole Foods, Trader Joe’s, and Lady Bird Lake just two blocks away. This penthouse provides the perfect blend of privacy within the energetic pulse of city life. Low HOA maintence fees. SEE VIDEO TOUR

At $1,314/sqft, this home is priced 236% 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 #PH2, Austin, TX 78703

Property Details

Price $4,750,000
Status Active Listing
Beds 3
Full Baths 3
Half Baths 1
Living Area 3,615 sqft
Lot Size 0.01 acres (348.48 sqft)
Year Built 2009
Garage 3 spaces
Stories ,
Type Residential · Condominium
Subdivision Spring Condo Amd
County Travis
Zip Code 78703
$/sqft $1,314/sqft
Days on Market ,
HOA $2,567/Monthly
Annual Tax Est. $57,557.12
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT232181036
List Date June 2, 2026
Elementary School Pease
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.

Schedule a Call →

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
5307 Tortuga Trl
Mount Bonnell Shores
$4,850,000 $1,257 4 bd / 6 ba 3,858 sqft , 2026-07-15
2212 River Hills Rd
Deer Creek
$4,995,000 $1,540 4 bd / 3 ba 3,243 sqft , 2026-02-25
4300 Amarra Dr #6
Amarra Cottages Condos
$4,250,000 $1,055 4 bd / 5 ba 4,027 sqft , 2026-05-08
303 Lago Verde Rd
Rio Vista Add
$4,195,000 $1,729 3 bd / 2 ba 2,426 sqft , 2026-06-10
501 West Ave #3803
Fifth & West
$3,999,999 $1,417 3 bd / 4 ba 2,822 sqft , 2026-04-03

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
$22,800/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
$950,000
20% conventional investment loan

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

Estimated Gross Rent+$22,800
Principal + Interest−$25,923
Property Tax (~2.1% TX avg)−$8,313
Insurance (~0.5%)−$1,979
Est. Monthly Cash Flow $-13,415

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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