About This Home

Suite 101 offers a flexible commercial / Live+Work floor plan. Unit entrance via interior central atrium. Features include floor-to-ceiling store front windows; hardwood floors; kitchenette and bathroom w/ shower. New HVAC system [December 2025]. Dedicated solar system. One reserved garage parking space. Gated building & parking access.

904 WEST is a unique collection of residences, live+work and office spaces. Originally built in 1966 and redeveloped in 2010. Situated in a quaint downtown neighborhood. Convenient Location: ~0.3 miles to ACC Rio Grande; ~0.6 miles to Texas Capitol; ~1.5 miles to UT Dell Medical School & UT Austin; ~1.6 miles to MoPac. Walk to nearby faves: Ranch 616, Fresa's, Shoal Creek Saloon, Sammie's Italian, Qi Modern Asian Kitchen, Whole Foods & W 6th Street entertainment venues. [Walk Score: 94/100]

At $510/sqft, this home is priced 30% 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

904 West Ave #101, Austin, TX 78701

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Property Details

Price $369,500

Status Active Listing

Beds 1

Full Baths 1

Half Baths ,

Living Area 725 sqft

Lot Size 0.02 acres (714.38 sqft)

Year Built 1966

Garage ,

Stories ,

Type Residential · See Remarks

Subdivision West Condo 904

County Travis

Zip Code 78701

$/sqft $510/sqft

Days on Market ,

HOA $429.75/Monthly

Annual Tax Est. $5,249.95

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT228974306

List Date May 6, 2026

Elementary School Mathews

Middle School O Henry

High School Austin

School District ,

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Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · May 6, 2026 $420,000

Previous ask $395,000

Current ask $369,500

▼ Reduced $50,500 (-12.0%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

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

1200 Enfield Rd #106
The Miriam Residences $367,500 $525 1 bd / 1 ba 700 sqft , 2026-08-11

603 Davis St #1005
Shore A Condo Amd The $375,000 $525 1 bd / 1 ba 714 sqft , 2026-09-03

800 Brazos St #705
Brazos Place Condo Amd $360,000 $404 1 bd / 1 ba 891 sqft , 2026-08-03

1208 Enfield Rd #104
Governors 02 Condo $360,000 $511 1 bd / 1 ba 705 sqft , 2026-08-26

710 Colorado St #9E
Brown Bldg Lofts Condo Amd $359,000 $564 1 bd / 1 ba 637 sqft , 2026-08-05

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

$1,774/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

$73,900

20% conventional investment loan

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

Estimated Gross Rent+$1,774

Principal + Interest−$2,017

Property Tax (~2.1% TX avg)−$647

Insurance (~0.5%)−$154

Est. Monthly Cash Flow $-1,044

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 →

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 September 12, 2026.

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

904 West Ave #101

Location

Property Details

How This Ask Has Moved

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Austin, TX

More Luxury Homes in Austin

904 West Ave #101

Location

Property Details

How This Ask Has Moved

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Austin, TX

More Luxury Homes in Austin

Explore Austin Real Estate