Active Listing  ·  49 days on market

84 East Ave #3808

Austin, TX 78701
$580,000
1 Bed 1 Bath 667 sqft $870/sqft Built 2024 0.39 acres 1-Car Garage Pool VESPER Zopp Add

Experience luxury living from the 38th floor at Vesper Residences, one of Austin's premier high rise communities in the heart of the Rainey Street District. This stunning residence offers breathtaking panoramic views of Lady Bird Lake, the downtown skyline, and unforgettable Texas sunsets through expansive floor to ceiling windows.

The open concept layout is designed for both everyday living and entertaining, featuring premium Bosch appliances, quartz countertops, designer finishes, and a private balcony that captures the best of downtown Austin.

Residents enjoy an exceptional collection of amenities including a rooftop resort style pool, fitness center, yoga studio, resident lounge, coworking spaces, dog park, and 24 hour concierge service. Just steps from some of Austin's best restaurants, entertainment, parks, and the hike and bike trail, this home offers the perfect combination of luxury, convenience, and lifestyle.

Whether you're looking for a full time residence or a lock and leave retreat in the city, Unit 3808 delivers an elevated living experience in one of Austin's most desirable addresses.

At $870/sqft, this home is priced 121% 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 #3808, Austin, TX 78701

Property Details

Price $580,000
Status Active Listing
Beds 1
Full Baths 1
Half Baths ,
Living Area 667 sqft
Lot Size 0.39 acres (16,988.4 sqft)
Year Built 2024
Garage 1 spaces
Stories ,
Type Residential · Condominium
Subdivision VESPER Zopp Add
County Travis
Zip Code 78701
$/sqft $870/sqft
Days on Market ,
HOA $500/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT240949952
List Date August 4, 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
48 East Ave #1308
48 East Condos
$580,000 $722 1 bd / 1 ba 803 sqft , 2026-06-12
44 East Ave #1503
44 East Avenue Condominiums
$579,000 $937 1 bd / 1 ba 618 sqft , 2026-01-16
44 East Ave #1909
44 East Ave Condominiums
$575,000 $727 2 bd / 2 ba 791 sqft , 2026-08-13
84 East Ave #3907
Vesper Condominium Community, Inc
$589,000 $810 1 bd / 1 ba 727 sqft , 2026-08-09
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
$2,784/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
$116,000
20% conventional investment loan

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

Estimated Gross Rent+$2,784
Principal + Interest−$3,165
Property Tax (~2.1% TX avg)−$1,015
Insurance (~0.5%)−$242
Est. Monthly Cash Flow $-1,638

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 21, 2026.

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