Active Listing  ·  95 days on market

44 East Ave #3707

Austin, TX 78701
$1,895,000
3 Bed 3 Bath 1,993 sqft $951/sqft Built 2019 0.00 acres 2-Car Garage Pool Waterfront 44 East Ave Condos

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Discover an unparalleled living experience high above Austin, where breathtaking 180-degree views stretch from the southeast to the west, encompassing the serene Lady Bird Lake and the picturesque hill country. This residence, perfectly positioned on the 37th floor, is bathed in beautiful natural light from sunrise to sunset, creating an inspiring atmosphere throughout the day. Located in the vibrant heart of the Rainey District, this home offers walkable access to Austin’s most sought-after dining and nightlife, promising an exciting urban lifestyle. The thoughtfully designed interior boasts high ceilings and wide plank wood flooring, exuding a sense of refined elegance. The gourmet kitchen is a culinary dream, featuring exquisite Italian cabinetry, sleek quartz countertops, and a full suite of premium appliances, perfect for entertaining or daily living. With a spacious open layout, this home provides three comfortable bedrooms and three full baths, offering ample space and privacy. City lights stretch endlessly from this high-rise residence, offering tranquil evening vistas, creating a captivating backdrop for an extraordinary life.

At $951/sqft, this home is priced 143% 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 #3707, Austin, TX 78701

Property Details

Price $1,895,000
Status Active Listing
Beds 3
Full Baths 3
Half Baths ,
Living Area 1,993 sqft
Lot Size 0.00 acres (156.82 sqft)
Year Built 2019
Garage 2 spaces
Stories ,
Type Residential · Condominium
Subdivision 44 East Ave Condos
County Travis
Zip Code 78701
$/sqft $951/sqft
Days on Market ,
HOA $1,660/Monthly
Annual Tax Est. $31,572.02
Pool Yes
Waterfront Yes
New Construction ,
MLS # ACT224518890
List Date May 1, 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
2309 Big Horn Dr
Apache Shores Sec 04
$1,890,000 $1,024 3 bd / 2 ba 1,845 sqft , 2026-03-31
1403 Barton Hills Dr #3
Barton Terrace Sec 04
$1,875,000 $750 3 bd / 4 ba 2,500 sqft , 2025-12-24
2002 Meadowbrook Dr
Tarry Town 03
$1,875,000 $960 3 bd / 2 ba 1,954 sqft , 2026-08-01
1906 Frazier Ave
Zilker - Frazier Add
$1,920,000 $800 3 bd / 3 ba 2,401 sqft , 2026-06-19
9114 290 W Hwy
Geneva Estates Sec 01
$1,850,000 $1,321 2 bd / 1 ba 1,400 sqft , 2024-10-10

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
$9,096/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
$379,000
20% conventional investment loan

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

Estimated Gross Rent+$9,096
Principal + Interest−$10,342
Property Tax (~2.1% TX avg)−$3,316
Insurance (~0.5%)−$790
Est. Monthly Cash Flow $-5,352

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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