About This Home

Best value in The Independent. This upgraded 21st floor unit offers stunning views of downtown Austin and Lady Bird Lake. As the original owners’ primary residence, it features modern luxury throughout with electric automatic window treatments, sophisticated lighting upgrades, and high-end finishes. The spacious primary suite includes a large walk-in closet. The versatile study/bedroom features a custom high-end California Closet system and can easily accommodate a Murphy bed, making it a perfect home office or guest space. Includes one reserved garage parking space.

At $798/sqft, this home is priced 104% 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 #2105, Austin, TX 78701

Open in Google Maps ↗ Get Directions ↗

Property Details

Price $799,000

Status Active Listing

Beds 1

Full Baths 1

Half Baths ,

Living Area 1,001 sqft

Lot Size 0.00 acres (152.46 sqft)

Year Built 2018

Garage 1 spaces

Stories ,

Type Residential · Condominium

Subdivision Independent Condos

County Travis

Zip Code 78701

$/sqft $798/sqft

Days on Market ,

HOA $757.77/Monthly

Annual Tax Est. $13,646.32

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT225386749

List Date April 8, 2026

Elementary School Mathews

Middle School O Henry

High School Austin

School District ,

Have Questions About This Property?

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

3501 Pecan Springs Rd
Marlo Heights Sec 01 $799,000 $669 2 bd / 1 ba 1,194 sqft , 2025-09-10

360 Nueces St #2302
Residential Condo Amd 360 $799,000 $754 2 bd / 2 ba 1,059 sqft , 2026-05-07

300 Bowie St #2301
Spring Condo Amd $799,000 $770 2 bd / 2 ba 1,038 sqft , 2026-07-15

3205 Menchaca Rd
Foster A R $799,999 $627 2 bd / 2 ba 1,276 sqft , 2026-01-22

48 East Ave #1711
48 East Condos $799,999 $772 2 bd / 2 ba 1,036 sqft , 2026-03-09

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

$3,835/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

$159,800

20% conventional investment loan

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

Estimated Gross Rent+$3,835

Principal + Interest−$4,360

Property Tax (~2.1% TX avg)−$1,398

Insurance (~0.5%)−$333

Est. Monthly Cash Flow $-2,256

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

301 West Ave #2105

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Austin, TX

More Luxury Homes in Austin

Explore Austin Real Estate