Active Listing  ·  147 days on market

308 Onion St

Austin, TX 78702
$765,500
2 Bed 2 Bath 1,041 sqft $735/sqft Built 2019 0.08 acres Pool Peck RH

Designed by renowned Austin architect Matt Fajkus with MF Architecture, featuring interiors by designer Kelly LaPlante, lighting by Tom Dixon throughout and Ann Sacks tile. California closets installed in both primary and secondary bedroom closets. Second level primary suite with dual vanity bathroom, backlit LED mirrors and Roman bath with rain shower head and free-standing soaking tub. On the third level, enjoy a 450 sf rooftop deck with downtown views. Outdoor deck perfect for entertaining with a perimeter privacy fence. Electric gate access to the driveway complete with room for 3 vehicles and secondary pedestrian gate access providing ultimate security and privacy. Located in the heart of east Austins Saltillo District 308 Onion is a walkers paradise. This gem is located just steps from some of Austin's hottest spots like Cosmic Saltillo, Hotel Vegas, The White Horse and all that East 6th Street has to offer. Unbeatable location walking distance to it all!

At $735/sqft, this home is priced 88% 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

308 Onion St, Austin, TX 78702

Property Details

Price $765,500
Status Active Listing
Beds 2
Full Baths 2
Half Baths ,
Living Area 1,041 sqft
Lot Size 0.08 acres (3,314.92 sqft)
Year Built 2019
Garage ,
Stories ,
Type Residential · Condominium
Subdivision Peck RH
County Travis
Zip Code 78702
$/sqft $735/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $13,475.08
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT221958347
List Date March 10, 2026
Elementary School Sanchez
Middle School Martin
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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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
360 Nueces St #2704
Residential Condo Amd 360
$769,000 $771 2 bd / 2 ba 998 sqft , 2025-10-24
360 Nueces St #3609
Residential Condo Amd 360
$774,900 $623 2 bd / 2 ba 1,244 sqft , 2026-06-26
360 Nueces St #1217
Residential Condo Amd 360
$775,000 $695 2 bd / 2 ba 1,115 sqft , 2026-02-12
48 East Ave #1809
Natiivo
$775,000 $789 2 bd / 2 ba 982 sqft , 2026-07-27
84 East Ave #2610
Rainey District
$775,000 $722 2 bd / 2 ba 1,073 sqft , 2026-07-30

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
$3,674/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
$153,100
20% conventional investment loan

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

Estimated Gross Rent+$3,674
Principal + Interest−$4,178
Property Tax (~2.1% TX avg)−$1,340
Insurance (~0.5%)−$319
Est. Monthly Cash Flow $-2,163

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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