Active Listing  ·  47 days on market

44 East Ave #1706

Austin, TX 78701
$495,000
1 Bed 1 Bath 538 sqft $920/sqft Built 2022 0.00 acres 1-Car Garage Pool 44 East Ave Condos

Small in size, extraordinary in design. Every inch of this custom-crafted residence has been intentionally designed to maximize style, comfort, and functionality, proving that luxury isn't measured in square footage.

Thoughtfully curated with bespoke finishes throughout, this one-of-a-kind urban retreat features custom built-in storage, hidden hallway cabinetry, and designer millwork that creates a seamless, clutter-free living experience. The chef-inspired kitchen is appointed with Sub-Zero appliances, custom cabinetry, marble countertops and backsplash, and striking steel floating shelves that blend modern sophistication with everyday practicality.

The spa-like bath showcases marble countertops, designer tile, and a custom floating vanity, while the elevated sleeping area creates a distinct retreat complete with a raised platform, floating bedside tables, and a hand-selected Afghan rug that adds warmth and character. A built-in workspace and illuminated bar offer the perfect balance of productivity and entertaining, complemented by Lutron RA3 smart lighting, Sonos audio, an Ecobee thermostat, and recessed lighting throughout.

Completing the experience is a private patio overlooking the energy of Rainey Street, offering a rare blend of indoor comfort and outdoor living. Meticulously designed, expertly customized, and remarkably efficient, this residence is the perfect combination of relaxed luxury, intelligent design, and effortless downtown living.

At $920/sqft, this home is priced 135% 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 #1706, Austin, TX 78701

Property Details

Price $495,000
Status Active Listing
Beds 1
Full Baths 1
Half Baths ,
Living Area 538 sqft
Lot Size 0.00 acres (43.56 sqft)
Year Built 2022
Garage 1 spaces
Stories ,
Type Residential · Condominium
Subdivision 44 East Ave Condos
County Travis
Zip Code 78701
$/sqft $920/sqft
Days on Market ,
HOA $453.76/Monthly
Annual Tax Est. $8,256.59
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT238722808
List Date July 7, 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.

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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
48 East Ave #1707
Zoppp Add
$495,000 $708 1 bd / 1 ba 699 sqft , 2026-03-29
222 West Ave #2207
Seaholm Residences Residential
$499,000 $728 1 bd / 1 ba 685 sqft , 2026-04-24
222 West Ave #2507
Seaholm Residences Residential
$499,000 $728 1 bd / 1 ba 685 sqft , 2026-06-12
300 Bowie St #2706
Spring Condo Amd
$499,000 $715 1 bd / 1 ba 698 sqft , 2026-07-15
48 East Ave #2005
48 East Condominiums
$489,999 $694 1 bd / 1 ba 706 sqft , 2026-05-11

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
$2,376/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
$99,000
20% conventional investment loan

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

Estimated Gross Rent+$2,376
Principal + Interest−$2,701
Property Tax (~2.1% TX avg)−$866
Insurance (~0.5%)−$206
Est. Monthly Cash Flow $-1,397

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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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 July 10, 2026.

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