Active Listing  ·  284 days on market

301 West Ave #4607

Austin, TX 78701
$1,950,000
2 Bed 2 Bath 1,417 sqft $1,376/sqft Built 2018 0.00 acres 2-Car Garage Pool Independent Condos

Welcome to Unit 4607 at 301 West Avenue—a rare opportunity to own a luxury residence in one of Austin’s most iconic high-rises, The Independent. Perched on the 46th floor, this 2-bedroom, 2-bathroom condo spans 1,417 square feet and showcases unrivaled views of Lady Bird Lake, the downtown skyline, and beyond.

Designed with floor-to-ceiling windows, this light-filled home offers an open-concept layout, sleek modern finishes, and a seamless blend of comfort and sophistication. The gourmet kitchen features high-end appliances, quartz countertops, and a spacious island perfect for entertaining. The primary suite includes a walk-in closet and a spa-like bathroom with dual vanities and a glass-enclosed shower.

Enjoy the convenience of two reserved garage parking spaces, along with full access to The Independent’s world-class amenities—including a fitness center, rooftop pool, multiple lounge areas, guest suites, dog park, and 24-hour concierge.

Located in the heart of the Seaholm District, you're just steps away from Austin’s best restaurants, shops, Trader Joe’s, the hike & bike trail, and the vibrant nightlife along West 6th Street.

Luxury living, unbeatable location, and breathtaking views—this is downtown Austin at its finest.

At $1,376/sqft, this home is priced 252% 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 #4607, Austin, TX 78701

Property Details

Price $1,950,000
Status Active Listing
Beds 2
Full Baths 2
Half Baths ,
Living Area 1,417 sqft
Lot Size 0.00 acres (213.44 sqft)
Year Built 2018
Garage 2 spaces
Stories ,
Type Residential · Condominium
Subdivision Independent Condos
County Travis
Zip Code 78701
$/sqft $1,376/sqft
Days on Market ,
HOA $1,105.74/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT210031577
List Date October 24, 2025
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
2309 Big Horn Dr
Apache Shores Sec 04
$1,890,000 $1,024 3 bd / 2 ba 1,845 sqft , 2026-03-31
9114 290 W Hwy
Geneva Estates Sec 01
$1,850,000 $1,321 2 bd / 1 ba 1,400 sqft , 2024-10-10
17019 Rocky Ridge Rd
JOLLY W T
$1,850,000 $1,652 3 bd / 2 ba 1,120 sqft , 2026-01-26
210 Lavaca St #2608
Condo
$1,750,000 $1,108 2 bd / 2 ba 1,579 sqft , 2026-07-27
70 Rainey St #2201
70 Rainey Condominiums
$1,695,000 $999 2 bd / 2 ba 1,697 sqft , 2026-04-21

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
$9,360/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
$390,000
20% conventional investment loan

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

Estimated Gross Rent+$9,360
Principal + Interest−$10,642
Property Tax (~2.1% TX avg)−$3,413
Insurance (~0.5%)−$813
Est. Monthly Cash Flow $-5,508

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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