Active Listing  ·  6 days on market

84 East Ave #1808

Austin, TX 78701
$395,000
1 Bed 1 Bath 667 sqft $592/sqft Built 2024 0.39 acres 1-Car Garage Pool VESPER Zoppp Add

Experience the pinnacle of downtown luxury at Vesper, one of the Rainey Street District's premier high-rise communities. This one-bedroom, one-bathroom residence offers an exceptional vantage point, capturing iconic views of Lady Bird Lake, the downtown skyline, and vibrant Texas sunsets. The bright, open-concept floor plan features refined finishes, elegant quartz countertops, and a private balcony ideal for soaking in the city's energy.

Residents enjoy an unmatched walkable lifestyle alongside an exceptional, curated amenity collection. Unwind at the rooftop resort-style pool, stay active in the fitness center and yoga studio, or utilize the executive coworking lounges, resident lounge, and dedicated dog park—all supported by a 24-hour concierge team. Offering the ultimate combination of convenience, style, and prestige, this condo is a rare opportunity to own a piece of Austin's most desirable neighborhood.

At $592/sqft, this home is priced 52% above the Austin active market average of $390/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

84 East Ave #1808, Austin, TX 78701

Property Details

Price $395,000
Status Active Listing
Beds 1
Full Baths 1
Half Baths ,
Living Area 667 sqft
Lot Size 0.39 acres (17,153.93 sqft)
Year Built 2024
Garage 1 spaces
Stories ,
Type Residential · Condominium
Subdivision VESPER Zoppp Add
County Travis
Zip Code 78701
$/sqft $592/sqft
Days on Market ,
HOA $500.25/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT251844103
List Date November 6, 2026
Elementary School Mathews
Middle School O Henry
High School Austin
School District Austin ISD

Austin ISD

Mathews · O Henry · Austin

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 · November 6, 2026 $695,000
Current ask $395,000
▼ Reduced $300,000 (-43.2%) 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
360 Nueces St #1301
Residential Condo Amd 360
$395,000 $493 1 bd / 1 ba 801 sqft , 2026-09-16
505 W 7th St #105
Posada Del Rey Condo Amd
$399,000 $453 2 bd / 2 ba 880 sqft , 2026-07-25
360 Nueces St #1303
Residential Condo Amd 360 (The 360 Tower)
$399,999 $549 1 bd / 1 ba 728 sqft , 2026-05-07
800 Brazos St #1105
Brazos Place Condo Amd
$380,000 $426 1 bd / 1 ba 891 sqft , 2026-07-08
360 Nueces St #1208
Residential Condo Amd 360 (The 360 Tower)
$380,000 $519 1 bd / 1 ba 732 sqft , 2026-06-29

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
$1,896/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
$79,000
20% conventional investment loan

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

Estimated Gross Rent+$1,896
Principal + Interest−$2,156
Property Tax (assumed ~2.1%)−$691
Insurance (assumed ~0.5%)−$165
Est. Monthly Cash Flow $-1,116

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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