Active Listing  ·  50 days on market

52 Waller St #A

Austin, TX 78702
$1,195,000
4 Bed 4 Bath 2,400 sqft $498/sqft Built 2015 0.21 acres 1-Car Garage Pool Elm Grove Add

Ideal as a PRIMARY RESIDENCE, SECOND HOME, OR POTENTIAL SHORT TERM RENTAL OPPORTUNITY. Tucked into one of East Austin's most desirable pockets, this 2015-built home puts you moments from downtown Austin, Rainey Street, the Lady Bird Lake trail, and the city's most iconic restaurants. Inside, custom lighting sets the mood, while designer tile and wallpaper add character to the rooms. Flooring alternates between polished concrete and warm hardwood, balancing modern edge with timeless comfort. The primary bath feels like a private spa retreat, and built-in cabinetry offers style and function throughout. A versatile third floor adds even more possibilities — use it as two additional bedrooms, a flex space, a home office, or a playroom. Outside, a private backyard canopied by mature trees creates a peaceful escape suited to quiet mornings or lively gatherings. Filled with natural light and an easy, welcoming energy, this home offers a rare combination of location, design, and livability in East Austin. Some photos are from previous staging.

At $498/sqft, this home is priced 27% 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

52 Waller St #A, Austin, TX 78702

Property Details

Price $1,195,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths 1
Living Area 2,400 sqft
Lot Size 0.21 acres (9,147.6 sqft)
Year Built 2015
Garage 1 spaces
Stories ,
Type Residential · Condominium
Subdivision Elm Grove Add
County Travis
Zip Code 78702
$/sqft $498/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $29,385
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT241618707
List Date August 3, 2026
Elementary School Sanchez
Middle School Martin
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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Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · August 3, 2026 $1,345,000
Current ask $1,195,000
Reduced $150,000 (-11.2%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

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
2201 Santa Rosa St
Buena Vista
$1,200,000 $514 3 bd / 3 ba 2,334 sqft , 2026-08-26
907 E 3rd St
Harrington
$1,200,000 $744 3 bd / 3 ba 1,612 sqft , 2026-09-03
2104 E 2nd St #1
2104 EAST 2ND STREET CONDOMINIUMS
$1,150,000 $551 4 bd / 4 ba 2,089 sqft , 2025-08-04
2211 Santa Rosa St
Buena Vista
$1,149,000 $567 4 bd / 3 ba 2,027 sqft , 2025-11-12
205 Medina St #1
SHELLEY N G SUBD
$1,250,000 $754 3 bd / 3 ba 1,657 sqft , 2025-10-10

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
$5,736/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
$239,000
20% conventional investment loan

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

Estimated Gross Rent+$5,736
Principal + Interest−$6,522
Property Tax (~2.1% TX avg)−$2,091
Insurance (~0.5%)−$498
Est. Monthly Cash Flow $-3,375

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 22, 2026.

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