Active Listing  ·  74 days on market

44 East Ave #4305

Austin, TX 78701
$1,590,000
3 Bed 3 Bath 1,594 sqft $997/sqft Built 2019 0.00 acres 2-Car Garage Pool Waterfront 44 East Ave

Rare opportunity to own one of the most desirable residences in downtown Austin, with possible owner financing available. Perched high above the city, this exceptional 3-bedroom, 3-bath home showcases breathtaking, unobstructed east-facing views of Lady Bird Lake from every bedroom, as well as the expansive living and dining areas. Floor-to-ceiling glass walls flood the open-concept design with natural light, creating a seamless connection between sophisticated interiors and Austin’s iconic skyline. The chef-inspired kitchen is appointed with premium appliances, quartz countertops, and a striking waterfall island, perfect for both everyday living and elegant entertaining. Thoughtful upgrades include automated blackout shades, a spacious laundry room, and two reserved parking spaces. Residents enjoy world-class amenities, including a resort-style pool, state-of-the-art fitness center, private dog park, and concierge services, all just steps from the Lady Bird Lake Hike-and-Bike Trail and the vibrant restaurants, nightlife, and entertainment of Rainey Street. Experience elevated urban living at its finest in one of Austin’s premier luxury towers.

At $997/sqft, this home is priced 154% 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 #4305, Austin, TX 78701

Property Details

Price $1,590,000
Status Active Listing
Beds 3
Full Baths 3
Half Baths ,
Living Area 1,594 sqft
Lot Size 0.00 acres (126.32 sqft)
Year Built 2019
Garage 2 spaces
Stories ,
Type Residential · Condominium
Subdivision 44 East Ave
County Travis
Zip Code 78701
$/sqft $997/sqft
Days on Market ,
HOA $1,348.92/Monthly
Annual Tax Est. $25,534.98
Pool Yes
Waterfront Yes
New Construction ,
MLS # ACT238962852
List Date July 10, 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
610 Davis St #4102
The Modern Austin Residences
$1,585,000 $1,253 2 bd / 2 ba 1,265 sqft , 2026-09-21
501 West Ave #2404
Fifth & West Residences
$1,595,000 $794 3 bd / 3 ba 2,009 sqft , 2026-05-28
222 West Ave #2802
Seaholm Residences Residential
$1,600,000 $1,120 2 bd / 2 ba 1,428 sqft , 2026-07-24
44 East Ave #4205
44 EAST
$1,625,000 $1,019 3 bd / 3 ba 1,594 sqft , 2026-03-05
501 West Ave #1604
Fifth & West Residences
$1,625,000 $809 3 bd / 3 ba 2,009 sqft , 2026-06-19

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
$7,632/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
$318,000
20% conventional investment loan

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

Estimated Gross Rent+$7,632
Principal + Interest−$8,677
Property Tax (~2.1% TX avg)−$2,783
Insurance (~0.5%)−$663
Est. Monthly Cash Flow $-4,491

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 18, 2026.

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