Active Listing  ·  6 days on market

601 Upson St #D

Austin, TX 78703
$860,000
3 Bed 4 Bath 1,821 sqft $472/sqft Built 2006 0.10 acres 1-Car Garage Pool Atlanta Street Villas Condo

Experience a rare blend of nature and urban convenience in the heart of coveted Deep Eddy. This private end-unit in the Estates of Johnson Creek offers a treehouse-like setting with expansive windows and abundant natural light, creating a sense of seclusion just minutes from the best of Central Austin.

The thoughtfully designed home features a commercial-grade range and high-end appliances, a spacious primary closet, and a versatile basement studio with wet bar and endless potential. Outdoor living takes center stage with a beautiful patio and gas fire pit surrounded by terraced turf, plus a second-story Ipe hardwood deck overlooking the lush greenbelt setting.

Located on a private drive just moments from the Lady Bird Lake Hike & Bike Trail, Downtown Austin, Zilker Park, Deep Eddy Pool, and Lions Municipal Golf Course, this low-maintenance home offers an exceptional opportunity to enjoy the best of Austin’s iconic outdoor lifestyle.

At $472/sqft, this home is priced 20% 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

601 Upson St #D, Austin, TX 78703

Property Details

Price $860,000
Status Active Listing
Beds 3
Full Baths 3
Half Baths 1
Living Area 1,821 sqft
Lot Size 0.10 acres (4,290.66 sqft)
Year Built 2006
Garage 1 spaces
Stories ,
Type Residential · Condominium
Subdivision Atlanta Street Villas Condo
County Travis
Zip Code 78703
$/sqft $472/sqft
Days on Market ,
HOA $3,000/Annually
Annual Tax Est. $16,341.82
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT247995570
List Date October 2, 2026
Elementary School Casis
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
2005 Winsted Ln #B
Ward & Treadwell
$849,000 $411 4 bd / 3 ba 2,068 sqft , 2026-08-10
1900 Barton Springs Rd #2026
Zilkr/Pk Condos
$879,000 $678 2 bd / 2 ba 1,296 sqft , 2026-04-22
1621 Enfield Rd #E
1621 Enfield Condo Amd
$899,000 $489 3 bd / 4 ba 1,840 sqft , 2026-09-24
2003 Woodmont Ave
Westfield A
$779,900 $395 3 bd / 2 ba 1,974 sqft , 2026-08-13
2111 W 10th St
Marlton Place Sec 02
$950,000 $679 3 bd / 2 ba 1,400 sqft , 2026-08-25

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
$4,128/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
$172,000
20% conventional investment loan

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

Estimated Gross Rent+$4,128
Principal + Interest−$4,693
Property Tax (~2.1% TX avg)−$1,505
Insurance (~0.5%)−$358
Est. Monthly Cash Flow $-2,428

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

More Luxury Homes in Austin

Loading…
View All Luxury Homes →
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 October 3, 2026.

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