Active Listing  ·  47 days on market

84 EAST Ave #2008

Austin, TX 78701
$475,900
1 Bed 1 Bath 667 sqft $713/sqft Built 2023 0.00 acres 1-Car Garage Pool Vesper Condos

Experience elevated downtown living at Vesper! Located on the 20th floor of this stunning 41-story luxury tower completed in 2023, this one-bedroom, one-bath residence proves that great things come in efficient packages. High ceilings, quartz countertops, Bosch stainless steel appliances, refrigerator, washer/dryer, a spacious pantry, fresh interior paint, and a brand-new cooktop create a home that is both stylish and functional.

The spa-inspired bathroom offers a peaceful retreat, while the private balcony provides beautiful views toward Lady Bird Lake.

Step outside and immerse yourself in Austin's vibrant Rainey Street District with its incredible restaurants, nightlife, and entertainment. Lady Bird Lake and the Hike & Bike Trail are less than a block away, making it easy to enjoy the best of city living and the outdoors.

Vesper's resort-style amenities are second to none. Welcome guests in the impressive lobby featuring a custom bar with private liquor lockers, stay active in the yoga studio and fitness center, unwind in the outdoor lounge, or let your pup enjoy the dog park. Then head to the rooftop to relax by the spectacular pool, gather with friends in the lounge, challenge someone to shuffleboard, or enjoy your favorite tunes on the jukebox—all while taking in breathtaking panoramic views.

Luxury, convenience, and an unbeatable location...this is the Vesper lifestyle. Schedule your private showing today!

At $713/sqft, this home is priced 82% above the Austin active market average of $391/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

84 EAST Ave #2008, Austin, TX 78701

Property Details

Price $475,900
Status Active Listing
Beds 1
Full Baths 1
Half Baths ,
Living Area 667 sqft
Lot Size 0.00 acres (39.2 sqft)
Year Built 2023
Garage 1 spaces
Stories ,
Type Residential · Condominium
Subdivision Vesper Condos
County Travis
Zip Code 78701
$/sqft $713/sqft
Days on Market ,
HOA $508.36/Monthly
Annual Tax Est. $11,667.2
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT239003886
List Date July 7, 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
360 Nueces St #3608
Residential Condo Amd 360
$479,000 $654 1 bd / 1 ba 732 sqft , 2025-09-04
48 East Ave #2703
Natiivo
$485,000 $757 1 bd / 1 ba 641 sqft , 2025-03-07
222 West Ave #2809
Seaholm Residences Residential
$485,000 $708 1 bd / 1 ba 685 sqft , 2026-05-07
48 East Ave #2005
48 East Condominiums
$489,999 $694 1 bd / 1 ba 706 sqft , 2026-05-11
360 Nueces St #3910
Residential Condo Amd 360
$490,000 $636 1 bd / 1 ba 770 sqft , 2026-06-13

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
$2,284/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
$95,180
20% conventional investment loan

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

Estimated Gross Rent+$2,284
Principal + Interest−$2,597
Property Tax (~2.1% TX avg)−$833
Insurance (~0.5%)−$198
Est. Monthly Cash Flow $-1,344

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 July 11, 2026.

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