Active Listing  ·  6 days on market

84 East Ave #1902

Austin, TX 78701
$550,000
1 Bed 1 Bath 697 sqft $789/sqft Built 2024 0.39 acres 1-Car Garage Pool VESPER Zoppp Add

Welcome to Vesper in Downtown Austin: Your New Frontier of Living! Between the bustling downtown scene, Iconic Rainey street bars and restaurants, and local hot spots, the opportunities are endless. Fully furnished, Includes parking with EV charger & High speed internet, Can sleep up to 4 people, sofa turns in to queen sized bed, ready to move in! This is Austin downtown living at its best. Thoughtfully curated experiences that enhance the daily life of residents. From 24-hour concierge to the 41st-floor pool and rooftop lounge, Vesper’s amenities will enhance your living experience, day-in, and day-out. Including: *24 Hour Concierge *Coworking Spaces *Resident Lounge *Fitness Studio *Sky Dog Run & Wash *Rooftop Pool & Clubhouse. Interior: Industrial Rainey Scheme Kitchen, Dinning, Living and Bathroom. // Appliance: Bosch Appliances, including Refrigerator in Kitchen and Samsung Washer & Dryer.

At $789/sqft, this home is priced 101% 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 #1902, Austin, TX 78701

Property Details

Price $550,000
Status Active Listing
Beds 1
Full Baths 1
Half Baths ,
Living Area 697 sqft
Lot Size 0.39 acres (17,162.64 sqft)
Year Built 2024
Garage 1 spaces
Stories ,
Type Residential · Condominium
Subdivision VESPER Zoppp Add
County Travis
Zip Code 78701
$/sqft $789/sqft
Days on Market ,
HOA $551/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT246975255
List Date September 16, 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
48 East Ave #2206
Natiivo Austin
$549,999 $741 1 bd / 1 ba 742 sqft , 2025-02-15
610 Davis St #2110
The Modern Austin Residences
$550,350 $898 1 bd / 1 ba 613 sqft , 2026-05-15
360 Nueces St #3907
Residential Condo Amd 360
$540,000 $634 1 bd / 1 ba 852 sqft , 2026-06-15
48 East Ave #2405
Natiivo
$535,000 $758 1 bd / 1 ba 706 sqft , 2026-01-16
222 West Ave #1412
Seaholm Residences Residential
$565,000 $688 1 bd / 1 ba 821 sqft , 2026-06-01

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
$2,640/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
$110,000
20% conventional investment loan

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

Estimated Gross Rent+$2,640
Principal + Interest−$3,002
Property Tax (~2.1% TX avg)−$963
Insurance (~0.5%)−$229
Est. Monthly Cash Flow $-1,554

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 17, 2026.

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