About This Home

The Nokonah is Austin's original luxury high rise building. Corner unit with two sides of windows and a large wrap-around balcony with downtown views, wood floors, Granite kitchen counters w/ Stainless Steel appliances. One block to Whole Foods and across the street from the Shoal Creek Hike and Bike Trail. Amenities include 24hr concierge, fitness facilities, pool & Spa.

At $574/sqft, this home is priced 46% above the Austin active market average of $392/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

901 W 9th St #508, Austin, TX 78703

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Property Details

Price $925,000

Status Active Listing

Beds 2

Full Baths 2

Half Baths 1

Living Area 1,611 sqft

Lot Size ,

Year Built 2001

Garage 2 spaces

Stories ,

Type Residential · Condominium

Subdivision Nokonah

County Travis

Zip Code 78703

$/sqft $574/sqft

Days on Market ,

HOA $1,675/Monthly

Annual Tax Est. $20,279.32

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT242146683

List Date August 17, 2026

Elementary School Mathews

Middle School O Henry

High School Austin

School District ,

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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

610 Davis St #2208
The Modern Austin Residences $945,000 $805 2 bd / 2 ba 1,174 sqft , 2026-09-08

1600 Barton Springs Rd #5406
BartonPlace Condominium $950,000 $597 2 bd / 3 ba 1,590 sqft , 2026-08-31

1600 Barton Springs Rd #3504
Bartonplace Condo $899,990 $592 3 bd / 2 ba 1,520 sqft , 2026-08-22

360 Nueces St #3109
Residential Condo Amd 360 $899,000 $723 2 bd / 2 ba 1,244 sqft , 2026-08-26

705 Patterson Ave
West End Heights $899,000 $795 2 bd / 1 ba 1,131 sqft , 2026-09-02

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

$4,440/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

$185,000

20% conventional investment loan

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

Estimated Gross Rent+$4,440

Principal + Interest−$5,048

Property Tax (~2.1% TX avg)−$1,619

Insurance (~0.5%)−$385

Est. Monthly Cash Flow $-2,612

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

About the Author

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 August 19, 2026.

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

901 W 9th St #508

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Austin, TX

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