Active Listing  ·  10 days on market

84 East Ave #1810

Austin, TX 78701
$724,999
2 Bed 2 Bath 1,058 sqft $685/sqft Built 2024 0.00 acres 1-Car Garage Pool New Construction Rainey District

Located on the 18th floor of Vesper, this residence offers an extraordinary opportunity to experience Downtown Austin from one of the city's most coveted new luxury high-rises. Floor-to-ceiling walls of glass frame breathtaking panoramic views of the iconic Austin skyline, and the rolling Texas Hill Country, creating an ever-changing backdrop from sunrise to sunset to the sparkling city lights after dark. Designed for effortless luxury and sophisticated entertaining, the expansive open-concept floor plan seamlessly blends refined living with exceptional functionality. The chef's kitchen is appointed with premium appliances, custom cabinetry, and elegant finishes, while generous living spaces create an atmosphere that is both striking and comfortable. The spacious primary suite offers a true private retreat, complete with a spa-inspired bath, abundant storage, and a sense of tranquility rarely found in the heart of Downtown Austin. An in-unit laundry room and thoughtfully designed layout provide the comfort and convenience of a single-family home within a luxury condominium. Vesper elevates everyday living with an exceptional collection of amenities, including 24-hour concierge service, secure gated parking, a state-of-the-art fitness center, curated art gallery, elegant resident lounge, private dog run, and Austin's highest rooftop pool with sweeping skyline views. Just steps from the acclaimed restaurants, nightlife, waterfront trails, and outdoor recreation of Rainey Street and Lady Bird Lake, residents enjoy an unmatched walkable lifestyle in one of Austin's most vibrant neighborhoods. Exceptional architecture, elevated service, remarkable views, and an unbeatable location come together in perfect harmony, and this offering presents a rare opportunity to own a brand-new luxury residence where every day feels inspired. NOTE: some photos shown may be of similar units. There are more units available in the building, inquire with listing agent for inventory.

At $685/sqft, this home is priced 74% above the Austin active market average of $393/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

84 East Ave #1810, Austin, TX 78701

Property Details

Price $724,999
Status Active Listing
Beds 2
Full Baths 2
Half Baths ,
Living Area 1,058 sqft
Lot Size 0.00 acres (87.12 sqft)
Year Built 2024
Garage 1 spaces
Stories ,
Type Residential · Condominium
Subdivision Rainey District
County Travis
Zip Code 78701
$/sqft $685/sqft
Days on Market ,
HOA $836/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT246629536
List Date September 12, 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.

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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
1197 Angelina St
Robertson George L
$725,000 $536 3 bd / 2 ba 1,352 sqft , 2026-08-14
300 Bowie St #1101
Spring Condo Amd
$729,000 $702 2 bd / 2 ba 1,038 sqft , 2026-06-11
1401 Eva St #206
04 Flats Condo Amd
$720,000 $741 2 bd / 2 ba 972 sqft , 2026-09-08
360 Nueces St #1611
Residential Condo Amd 360
$740,000 $606 2 bd / 2 ba 1,221 sqft , 2026-06-15
800 Embassy Dr #319
Tyndall at Robertson Hill
$699,999 $496 2 bd / 2 ba 1,411 sqft , 2026-07-03

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
$3,480/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
$145,000
20% conventional investment loan

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

Estimated Gross Rent+$3,480
Principal + Interest−$3,957
Property Tax (~2.1% TX avg)−$1,269
Insurance (~0.5%)−$302
Est. Monthly Cash Flow $-2,048

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 13, 2026.

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