Active Listing  ·  50 days on market

360 Nueces St #1611

Austin, TX 78701
$740,000
2 Bed 2 Bath 1,221 sqft $606/sqft Built 2008 0.00 acres 2-Car Garage Pool Residential Condo Amd 360

Experience elevated downtown living in Unit 1611 at Austin's iconic 360 Condominiums. This sophisticated 2-bedroom, 2-bath residence, with RARE 12 FT CEILINGS, offers an ideal blend of style, comfort, and convenience in the heart of the vibrant Market District. Floor-to-ceiling windows fill the home with natural light, while the open-concept floor plan creates a seamless flow between the living, dining, and kitchen areas. The modern kitchen features granite countertops, sleek cabinetry, and ample workspace, making it perfect for both everyday living and entertaining. The spacious primary suite offers a private retreat with a well-appointed bath and generous closet space, while the secondary bedroom and full bath provide flexibility for guests, roommates, or a home office. A rare downtown convenience, this residence includes two reserved parking spaces, one equipped with a dedicated EV CHARGING STATION, providing added value and everyday ease for EV owners. Residents of 360 Condominiums enjoy an exceptional collection of resort-style amenities, including a rooftop pool and sundeck, state-of-the-art fitness center, media lounge, clubroom, outdoor grilling areas, dog park, 24-hour concierge service, controlled access, and secure parking. Located just steps from Whole Foods, Trader Joe's, Lady Bird Lake hike-and-bike trails, acclaimed restaurants, coffee shops, and Austin's renowned entertainment districts, this residence offers the ultimate lock-and-leave lifestyle in one of downtown Austin's most desirable addresses. Enjoy luxury high-rise living with premier amenities, exceptional walkability and the best of Austin right outside your door.

At $606/sqft, this home is priced 55% 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

360 Nueces St #1611, Austin, TX 78701

Property Details

Price $740,000
Status Active Listing
Beds 2
Full Baths 2
Half Baths ,
Living Area 1,221 sqft
Lot Size 0.00 acres (161.17 sqft)
Year Built 2008
Garage 2 spaces
Stories ,
Type Residential · Condominium
Subdivision Residential Condo Amd 360
County Travis
Zip Code 78701
$/sqft $606/sqft
Days on Market ,
HOA $1,142.76/Monthly
Annual Tax Est. $13,852.12
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT235713306
List Date June 15, 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
300 Bowie St #1101
Spring Condo Amd
$739,000 $712 2 bd / 2 ba 1,038 sqft , 2026-06-11
901 W 9th St #203
Nokonah Condo Amd
$745,000 $629 2 bd / 2 ba 1,185 sqft , 2026-03-20
13527 Bullick Hollow Rd
Anderson Mill Lake Sites
$749,000 $925 2 bd / 1 ba 810 sqft , 2025-08-17
2605 S 2nd St #2
2605 South 2nd Street Condominiums
$749,000 $580 3 bd / 4 ba 1,292 sqft , 2026-06-25
1908 Holly St
Driving Park Add
$749,000 $489 2 bd / 2 ba 1,531 sqft , 2026-06-27

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
$3,552/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
$148,000
20% conventional investment loan

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

Estimated Gross Rent+$3,552
Principal + Interest−$4,038
Property Tax (~2.1% TX avg)−$1,295
Insurance (~0.5%)−$308
Est. Monthly Cash Flow $-2,089

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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