Active Listing  ·  29 days on market

44 East Ave #1607

Austin, TX 78701
$899,000
2 Bed 2 Bath 1,221 sqft $736/sqft Built 2020 0.00 acres 2-Car Garage Pool Waterfront 44 East Ave Condos

SELLER WILL BUY DOWN RATE TO 3.9% FOR QUALIFIED BUYERS! Experience elevated downtown living at 44 East Ave, one of Austin’s most sought-after high-rise communities. This meticulously upgraded 2-bedroom, 2-bath residence showcases over $50K in designer enhancements, from curated lighting and custom window treatments to elevated paint finishes, creating a refined and inviting atmosphere throughout. Floor-to-ceiling windows and lofty ceilings flood the open-concept living space with natural light, seamlessly connecting to a sleek, chef-inspired kitchen with quartz countertops, custom cabinetry, and high-end appliances. The spacious secondary bedroom includes a flexible nook perfect for a home office or workout space, while the primary suite offers panoramic city views, a spa-caliber bath, and a generous walk-in closet. Two reserved garage spaces come equipped with EV charging. Residents enjoy world-class amenities spanning 13,000+ sq ft, including a heated pool, fitness center, sky lounge, dog park, game room, and 24-hour concierge. Just steps from the Lady Bird Lake trail, Rainey Street, and minutes to I-35, this is urban Austin living at its finest.

At $736/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

44 East Ave #1607, Austin, TX 78701

Property Details

Price $899,000
Status Active Listing
Beds 2
Full Baths 2
Half Baths ,
Living Area 1,221 sqft
Lot Size 0.00 acres (87.12 sqft)
Year Built 2020
Garage 2 spaces
Stories ,
Type Residential · Condominium
Subdivision 44 East Ave Condos
County Travis
Zip Code 78701
$/sqft $736/sqft
Days on Market ,
HOA $898/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront Yes
New Construction ,
MLS # ACT238871100
List Date July 6, 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
1131 Poquito St #A
11315 Poquito Condo Ame
$899,000 $578 3 bd / 3 ba 1,556 sqft , 2026-04-24
2004 Griswold Ln
Ward & Treadwell
$899,000 $582 2 bd / 1 ba 1,544 sqft , 2026-07-09
2214 Garden St #1
2214 Garden Street Condo
$899,000 $725 3 bd / 3 ba 1,240 sqft , 2026-07-09
3309 Larry Ln #2
Cherrywood
$899,990 $568 3 bd / 3 ba 1,584 sqft , 2026-07-23
44 East Ave #2307
44 East Ave Condos
$900,000 $737 2 bd / 2 ba 1,221 sqft , 2026-04-08

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
$4,315/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
$179,800
20% conventional investment loan

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

Estimated Gross Rent+$4,315
Principal + Interest−$4,906
Property Tax (~2.1% TX avg)−$1,573
Insurance (~0.5%)−$375
Est. Monthly Cash Flow $-2,539

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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