Active Listing  ·  5 days on market

1200 E 11th St #402

Austin, TX 78702
$385,000
1 Bath 549 sqft $701/sqft Built 2008 0.02 acres Pool East Village Condo The

Chic and versatile studio that lives like a one-bedroom, offering the flexibility to serve as a private bedroom retreat, home office, or creative workspace. Located in the heart of the East Side in the East Village condo community, this thoughtfully maintained condo features a private balcony and situated right next to a community rooftop terrace with stunning downtown and Capitol views. The floor plan is ideal for entertaining, with convenient access to the rooftop terrace for seamless indoor-outdoor gatherings. HOA covers water, sewer, trash, recycling and exterior maintenance. Surrounded by some of the best restaurants, coffee shops & entertainment the East side is known for. Unbeatable location, exceptional value, and a flexible floor plan make this an incredible opportunity. Must see this gem!

At $701/sqft, this home is priced 79% 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

1200 E 11th St #402, Austin, TX 78702

Property Details

Price $385,000
Status Active Listing
Beds ,
Full Baths 1
Half Baths ,
Living Area 549 sqft
Lot Size 0.02 acres (1,080.29 sqft)
Year Built 2008
Garage ,
Stories ,
Type Residential · Condominium
Subdivision East Village Condo The
County Travis
Zip Code 78702
$/sqft $701/sqft
Days on Market ,
HOA $228.89/Monthly
Annual Tax Est. $8,491.44
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT241486823
List Date July 30, 2026
Elementary School Blackshear
Middle School Kealing
High School Eastside Early College
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
904 West Ave #101
West Condo 904
$395,000 $545 1 bd / 1 ba 725 sqft , 2026-05-06
360 Nueces St #1208
Residential Condo Amd 360 (The 360 Tower)
$399,000 $545 1 bd / 1 ba 732 sqft , 2026-06-29
2209 S 1st St #231
Bouldin
$399,000 $577 1 bd / 1 ba 692 sqft , 2026-07-13
2500 Longview St #219
Cascade Condos
$370,000 $521 1 bd / 1 ba 710 sqft , 2026-06-07
300 Bowie St #902
Spring condominiums
$367,650 $651 1 bd / 1 ba 565 sqft , 2026-04-26

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
$1,848/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
$77,000
20% conventional investment loan

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

Estimated Gross Rent+$1,848
Principal + Interest−$2,101
Property Tax (~2.1% TX avg)−$674
Insurance (~0.5%)−$160
Est. Monthly Cash Flow $-1,087

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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