Active Listing  ·  7 days on market

807 Blanco St #204

Austin, TX 78703
$350,000
1 Bed 1 Bath 615 sqft $569/sqft Built 1969 0.02 acres Pool The Trees at Blanco Condominiums

Discover the perfect blend of convenience and modern living at 807 Blanco Street Unit 204, a beautifully updated condo in the heart of Downtown Austin’s sought-after Clarksville neighborhood. A rare find in central Austin, the building allows short-term rentals, adding flexibility for a variety of ownership options. This one-bedroom, one-bathroom unit offers 615 square feet of thoughtfully designed space with sleek, modern finishes throughout. Features include stained concrete floors, recessed lighting, and in-unit laundry, with the washer/dryer combo unit replaced in January 2026. The HVAC system was also replaced in December 2025, offering added peace of mind. The spacious bedroom easily accommodates a king-size bed and offers two generous closets for ample storage. What truly sets this property apart is the unbeatable location. Tucked away on a quiet street with a hillside behind the complex helping buffer downtown noise, you’re still walkable to some of Austin’s favorite destinations. Grab coffee at Better Half, breakfast tacos from Taco Flats, or enjoy a cocktail at Clark’s Oyster Bar, all just a few blocks away. Whole Foods Market’s flagship location, 24 Diner, Sammie’s Italian, Lady Bird Lake, Zilker Park, and the energy of West 6th Street are all within easy reach. Whether you’re looking for a primary residence, second home, or short-term rental opportunity, this condo offers a combination that is increasingly hard to find. Don’t miss this rare opportunity to own in one of the city’s most walkable, charming neighborhoods. Schedule your showing today!

At $569/sqft, this home is priced 45% 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

807 Blanco St #204, Austin, TX 78703

Property Details

Price $350,000
Status Active Listing
Beds 1
Full Baths 1
Half Baths ,
Living Area 615 sqft
Lot Size 0.02 acres (657.76 sqft)
Year Built 1969
Garage ,
Stories ,
Type Residential · Condominium
Subdivision The Trees at Blanco Condominiums
County Travis
Zip Code 78703
$/sqft $569/sqft
Days on Market ,
HOA $285/Monthly
Annual Tax Est. $5,825.97
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT246504110
List Date September 15, 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.

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
711 W 21st St #304
Wynn Wood Condo
$349,900 $470 2 bd / 1 ba 744 sqft , 2026-04-02
505 W 7th St #308
Posada Del Rey Condo Amd
$349,900 $494 1 bd / 1 ba 709 sqft , 2026-06-05
300 Bowie St #902
Spring condominiums
$356,000 $630 1 bd / 1 ba 565 sqft , 2026-04-26
710 Colorado St #9E
Brown Bldg Lofts Condo Amd
$359,000 $564 1 bd / 1 ba 637 sqft , 2026-08-05
1208 Enfield Rd #104
Governors 02 Condo
$360,000 $511 1 bd / 1 ba 705 sqft , 2026-08-26

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
$1,680/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
$70,000
20% conventional investment loan

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

Estimated Gross Rent+$1,680
Principal + Interest−$1,910
Property Tax (~2.1% TX avg)−$613
Insurance (~0.5%)−$146
Est. Monthly Cash Flow $-989

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 16, 2026.

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