Active Listing  ·  7 days on market

44 East Ave #3604

Austin, TX 78701
$1,050,000
2 Bed 2 Bath 1,172 sqft $896/sqft Built 2019 0.00 acres Pool Waterfront 44 EAST AVE CONDOMINIUMS

Welcome to 44 East Ave #3604. Perched 36 floors above Lady Bird Lake, this NW-corner, 2-bed/2-bath residence pairs award-winning, exclusive design with an elevated Austin lifestyle. An unobstructed skyline to the east, open water to the south, and a front-row seat to fireworks when the city lights up the night, create a striking nature-meets-urban backdrop unique to Austin. Floor-to-ceiling glass frames sunrises over the lake and breathtaking sunsets over downtown—best enjoyed from your private, open-air covered balcony. Each space feels bespoke with interior upgrades on par with the spectacular view. Imported German GROHE fixtures, Bosch appliances, an Acritec soaking tub, Italian cabinetry, quartz surfaces, wide-plank wood flooring, and a whole-home, built-in SONOS sound system complete the sophisticated interior. Two included garage parking spaces round out the practical side of ownership. Your experience continues across 13,000+ square feet of thoughtfully curated amenities. Unwind at the cenote-inspired resort pool and sundeck, begin your day in the fitness center or yoga studio, or step outside for a run along the Lady Bird Lake trail. As evening arrives, sip wine under the stars in the posh 37th-floor sky lounge, entertain in welcoming spaces, or let the 24-hour concierge secure reservations before you walk to Rainey St. dining & nightlife. Four-legged residents live well too, with dedicated dog parks and pet spa. Sustainability is equally intentional, earning an Austin Energy Green Building (AEGB) 3-Star certification for energy efficiency, water, materials, indoor environmental quality, and site design. Further accolades include 2023 International Interior Design Association Excellence Award, 2023 Austin Business Journal Commercial Real Estate Award, and Multi-Housing News Best Development & Design High-Rise Award.

Lake. Skyline. Trail. Dining. Nightlife. Your home.

This is downtown Austin from a different point of view - upgraded & above it all.

At $896/sqft, this home is priced 129% above the Austin active market average of $392/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

44 East Ave #3604, Austin, TX 78701

Property Details

Price $1,050,000
Status Active Listing
Beds 2
Full Baths 2
Half Baths ,
Living Area 1,172 sqft
Lot Size 0.00 acres (91.48 sqft)
Year Built 2019
Garage ,
Stories ,
Type Residential · Condominium
Subdivision 44 EAST AVE CONDOMINIUMS
County Travis
Zip Code 78701
$/sqft $896/sqft
Days on Market ,
HOA $982.89/Monthly
Annual Tax Est. $18,633.47
Pool Yes
Waterfront Yes
New Construction ,
MLS # ACT246668658
List Date September 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.

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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
501 West Ave #1304
Fifth & West Residences
$1,050,000 $791 2 bd / 2 ba 1,327 sqft , 2026-08-14
48 East Ave #1310
48 East Condos
$1,049,000 $821 2 bd / 2 ba 1,277 sqft , 2026-03-13
98 San Jacinto Blvd #1703
Town Lake Residences Condo
$1,099,999 $1,038 1 bd / 1 ba 1,060 sqft , 2026-06-12
98 San Jacinto Blvd #1803
Town Lake Residences Condo
$1,100,000 $1,038 1 bd / 1 ba 1,060 sqft , 2026-01-05
555 E 5th St #2826
Five Fifty 05 Condo Amd
$995,000 $684 2 bd / 2 ba 1,454 sqft , 2026-03-25

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
$5,040/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
$210,000
20% conventional investment loan

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

Estimated Gross Rent+$5,040
Principal + Interest−$5,730
Property Tax (~2.1% TX avg)−$1,838
Insurance (~0.5%)−$438
Est. Monthly Cash Flow $-2,966

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 September 17, 2026.

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