Active Listing  ·  44 days on market

3304 E 5th St #B

Austin, TX 78702
$549,000
3 Bed 3 Bath 1,454 sqft $378/sqft Built 2006 0.09 acres 1-Car Garage Pool Villas At 05 & Allen Condo Ph

1.75% Preferred Lender Incentive!

Fenced backyard. New roof. Walkable East Austin. You don't have to pick just one.

Welcome to quintessential 78702 living in the heart of East Austin. This two-unit condo balances classic Eastside character with clean, modern design — soaring light, an open-concept layout, and finishes built for effortless daily living and entertaining.

The heavy lifting is already done. Enjoy complete peace of mind with a new roof, a new water heater, and an HVAC system that's just been fully serviced.

Step outside to your own fully fenced private backyard — a rare urban sanctuary with a spacious deck for weekend grilling, evening drinks, and lounging under the Texas sky.

Buyer to verify all measurements and square footage - it is the same model as Unit A, mirrored.

**DUAL-ZONED Residential and Commercial**

At $378/sqft, this home is 4% below the Austin active market average of $392/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

3304 E 5th St #B, Austin, TX 78702

Property Details

Price $549,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,454 sqft
Lot Size 0.09 acres (3,776.65 sqft)
Year Built 2006
Garage 1 spaces
Stories ,
Type Residential · Condominium
Subdivision Villas At 05 & Allen Condo Ph
County Travis
Zip Code 78702
$/sqft $378/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $9,678.03
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT242833386
List Date August 9, 2026
Elementary School Brooke
Middle School Martin
High School Eastside Early College
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
910 Tillery St #B
910 Tillery Condos
$549,900 $499 2 bd / 2 ba 1,102 sqft , 2026-05-22
506 Tillery St
Holly & Naumann
$550,000 $293 3 bd / 3 ba 1,878 sqft , 2026-02-04
1003 Glen Oaks Ct
Rosewood Village Sec 7 Resub O
$550,000 $473 3 bd / 2 ba 1,163 sqft , 2026-09-22
604 Springdale Rd
Pipkin Add 02
$525,000 $410 3 bd / 2 ba 1,282 sqft , 2026-04-07
909 Calle Limon None #3
Von Rosenberg Gardens
$525,000 $404 2 bd / 3 ba 1,299 sqft , 2026-08-24

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
$2,635/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
$109,800
20% conventional investment loan

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

Estimated Gross Rent+$2,635
Principal + Interest−$2,996
Property Tax (~2.1% TX avg)−$961
Insurance (~0.5%)−$229
Est. Monthly Cash Flow $-1,551

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

More Luxury Homes in Austin

Loading…
View All Luxury Homes →
About the Author
Luke Allen, Austin TX Realtor, TREC #788149
Luke Allen
Licensed Austin TX Realtor · TREC #788149 · Full-time since 2019
★★★★★ 5.0 on Google · 30 Reviews

Luke Allen is a full-time Austin TX Realtor with the Austin Marketing + Development Group brokerage. He works with buyers, sellers, and investors across every Austin ISD and the surrounding neighborhoods, from Downtown and East Austin to Round Rock, Cedar Park, and the Hill Country. Every page on this site is written and maintained by Luke. This page was last updated on September 22, 2026.

📞 (254) 718-2567 [email protected] More about Luke →