Active Listing  ·  91 days on market

301 West Ave #2009

Austin, TX 78701
$1,049,000
2 Bed 2 Bath 1,106 sqft $948/sqft Built 2019 2-Car Garage Pool Independent Condos

Live above it all in this stunning residence at The Independent. West-facing floor-to-ceiling windows deliver sweeping views of Zilker Park, Lady Bird Lake, and the Hill Country, while rich hardwood floors and exposed concrete accents set a sophisticated tone throughout.

The chef's kitchen features gas cooking, quartz countertops, stainless steel appliances, and ample storage. The open living and dining area flows effortlessly to a private balcony, ideal for entertaining or unwinding with those iconic Austin sunsets.

The primary suite includes a spacious walk-in closet and a spa-inspired bath with dual vanities, backlit mirrors, and a marble soaking tub. The second bedroom offers Hill Country views and easy access to a sleek secondary bath.

An ideal location in one of Austin’s most notable high-rises providing easy access to Lady Bird Lake trails, Whole Foods, the best of the Seaholm District and all that Downtown Austin has to offer.

At $948/sqft, this home is priced 142% 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

301 West Ave #2009, Austin, TX 78701

Property Details

Price $1,049,000
Status Active Listing
Beds 2
Full Baths 2
Half Baths ,
Living Area 1,106 sqft
Lot Size ,
Year Built 2019
Garage 2 spaces
Stories ,
Type Residential · Condominium
Subdivision Independent Condos
County Travis
Zip Code 78701
$/sqft $948/sqft
Days on Market ,
HOA $830/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT228730747
List Date May 5, 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.

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
48 East Ave #1310
48 East Condos
$1,049,000 $821 2 bd / 2 ba 1,277 sqft , 2026-03-13
44 East Ave #2610
44 East Ave. Condominiums
$1,059,000 $840 2 bd / 2 ba 1,260 sqft , 2026-03-18
2513 E Cesar Chavez St
Riverview Add
$1,075,000 $1,265 3 bd / 2 ba 850 sqft , 2026-06-26
2212 S 2nd St #2
BAWCOM
$1,009,000 $683 2 bd / 2 ba 1,478 sqft , 2026-03-19
44 East Ave #3304
44 East Ave Condos
$1,099,000 $938 2 bd / 2 ba 1,172 sqft , 2026-06-03

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
$5,035/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
$209,800
20% conventional investment loan

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

Estimated Gross Rent+$5,035
Principal + Interest−$5,725
Property Tax (~2.1% TX avg)−$1,836
Insurance (~0.5%)−$437
Est. Monthly Cash Flow $-2,963

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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