Active Listing  ·  211 days on market

6814 E Riverside Dr #21

Austin, TX 78741
$380,000
4 Bed 3 Bath 1,922 sqft $198/sqft Built 2018 0.06 acres 2-Car Garage Pool PARK EAST CONDOMINIUMS

Step into modern luxury in this rare 4-bedroom corner-unit townhouse, perfectly situated in the sought-after Park East community just minutes from downtown Austin and less than 5 miles from the airport. With park-facing views, curated design, and exceptional livability, this home offers the ultimate blend of convenience, comfort, and style. The first floor welcomes you with a versatile bedroom and full bath—ideal for guests or a private home office—alongside an open-concept living space that flows effortlessly into the designer kitchen. Outfitted with quartz countertops and classic subway tile backsplash, the kitchen is equal parts beautiful and functional. Neutral tones and timeless finishes elevate every room, making the home feel light, bright, and inviting. Upstairs, enjoy the ease of an upper-level laundry area tucked between the spacious primary suite and two additional bedrooms, each offering generous storage and layout flexibility. Two full bathrooms complete the second floor, creating thoughtful separation and comfort for family or guests. This corner unit also features a roomy 2-car garage, abundant natural light, and the peace of mind that comes with low-maintenance living—the HOA handles both front landscaping and exterior upkeep. Enjoy community perks like a dog park, grill area, and lush, tree-lined surroundings. Whether you’re looking to live, work, or invest, this turnkey home delivers on all fronts. Welcome to elevated living at Park East.

At $198/sqft, this home is 49% below the Austin active market average of $391/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

6814 E Riverside Dr #21, Austin, TX 78741

Property Details

Price $380,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 1,922 sqft
Lot Size 0.06 acres (2,421.94 sqft)
Year Built 2018
Garage 2 spaces
Stories ,
Type Residential · Condominium
Subdivision PARK EAST CONDOMINIUMS
County Travis
Zip Code 78741
$/sqft $198/sqft
Days on Market ,
HOA $275/Monthly
Annual Tax Est. $8,618.91
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT215318870
List Date January 5, 2026
Elementary School Allison
Middle School Martin
High School Eastside Early College
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
11816 Dave Silk Dr
Rancho Alto Ph 01
$380,000 $207 4 bd / 3 ba 1,836 sqft , 2026-05-23
8200 Furness Dr
Woodbridge Sec 03
$380,000 $224 3 bd / 2 ba 1,693 sqft , 2026-06-05
12800 Meehan Dr
Scofield Farms Ph 01 Sec 02-A
$380,000 $288 3 bd / 3 ba 1,321 sqft , 2026-07-08
7812 City Top Blvd
Parker Station
$380,000 $207 4 bd / 2 ba 1,837 sqft , 2026-07-09
14705 Debba Dr
Apache Shores Sec 05
$379,999 $287 3 bd / 1 ba 1,323 sqft , 2025-10-02

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
$1,824/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
$76,000
20% conventional investment loan

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

Estimated Gross Rent+$1,824
Principal + Interest−$2,074
Property Tax (~2.1% TX avg)−$665
Insurance (~0.5%)−$158
Est. Monthly Cash Flow $-1,073

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 →