Active Listing  ·  408 days on market

6814 E Riverside Dr #32

Austin, TX 78741
$315,000
3 Bed 3 Bath 1,655 sqft $190/sqft Built 2017 0.06 acres 2-Car Garage Pool Park East Condos Bldg 3

***$5K TOWARDS CLOSING COSTS OR INTEREST RATE BUYDOWN***Live in the heart of the dynamic East Riverside Entertainment District! Sleek and stylish contemporary townhome in the coveted Park East Condos. Enjoy the effortless lock-n-leave lifestyle of urban living with unbeatable access to everything that makes Austin one of the most exciting cities in the world! Just 5 mins to Downtown, Oracle, the airport, and 10 mins to Tesla. Nearby East Riverside favorites like Buzz Mill Coffee, The Jackalope, Pho Please, and more. Outdoor lovers will relish being near the Lady Bird Lake Hike & Bike Trail, while commuters will appreciate the future Blue Line MetroRail connecting Downtown to the airport. This two-story home features a private, fenced courtyard entry and an attached two-car garage with alley access. The light-filled main floor boasts a spacious open layout, island kitchen with bar seating, tall ceilings, recessed lighting, granite countertops, Whirlpool appliances, and new (2/26) luxury vinyl plank flooring. Upstairs offers a bonus living area, three bedrooms with plush, updated carpeting, and a large primary suite with a walk-in closet and dual vanity bath with walk-in shower. Two additional bedrooms share a second dual vanity bathroom. A convenient half bath and laundry room round out the main floor. Residents enjoy a lush park space behind the condos with walking paths, picnic tables, BBQ areas, and more. Plus, you’re just 2 miles from Guerrero Park and the popular Secret Beach. Don’t miss your chance to own in this vibrant, fast-growing area—schedule your showing today!

At $190/sqft, this home is 51% below the Austin active market average of $390/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

6814 E Riverside Dr #32, Austin, TX 78741

Property Details

Price $315,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,655 sqft
Lot Size 0.06 acres (2,421.94 sqft)
Year Built 2017
Garage 2 spaces
Stories ,
Type Residential · Condominium
Subdivision Park East Condos Bldg 3
County Travis
Zip Code 78741
$/sqft $190/sqft
Days on Market ,
HOA $288.75/Monthly
Annual Tax Est. $7,560.56
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT208028697
List Date September 30, 2025
Elementary School Allison
Middle School Martin
High School Eastside Early College
School District Austin ISD

Austin ISD

Allison · Martin · Eastside Early College

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 · September 30, 2025 $375,000
Previous ask $329,000
Current ask $315,000
▼ Reduced $60,000 (-16.0%) 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
6303 Santos St #A
6303 Santos Site Condos
$319,900 $282 2 bd / 3 ba 1,134 sqft , 2026-08-27
6002 Fairway St
Country Club Gardens Sec 07
$320,000 $226 3 bd / 2 ba 1,419 sqft , 2026-10-20
6406 Felix Ave #2
6406 Felix Avenue Site Condos
$304,900 $280 3 bd / 3 ba 1,088 sqft , 2026-08-11
1108 Vasquez St
Chernosky 16
$330,000 $258 3 bd / 2 ba 1,280 sqft , 2025-02-26
1003 Valdez St #A
Chernosky 16
$330,000 $293 2 bd / 3 ba 1,125 sqft , 2026-08-16

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
$1,512/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
$63,000
20% conventional investment loan

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

Estimated Gross Rent+$1,512
Principal + Interest−$1,719
Property Tax (assumed ~2.1%)−$551
Insurance (assumed ~0.5%)−$131
Est. Monthly Cash Flow $-889

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 · 41 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. The written content was last updated on November 11, 2026.

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

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