Active Listing  ·  8 days on market

1504 Ruth Ave #2

Austin, TX 78757
$575,000
2 Bed 3 Bath 1,029 sqft $559/sqft Built 2021 0.07 acres 1-Car Garage Pool Brentwood

Built in 2021, this Central Austin modern home in Brentwood community offers a spacious private fenced backyard, an upstairs patio, and three dedicated parking spaces near Brentwood Park and Crestview. High ceilings and expansive windows fill the open-concept living, dining, and kitchen areas with natural light. The kitchen features quartz countertops, designer cabinetry, custom tile, no carpet, and Bosch stainless steel appliances, including a five-burner gas range. Polished concrete and tile flooring anchor the main level, which also has a powder room and stacked Samsung front-load washer and dryer. Upstairs, wood flooring runs throughout two spacious bedrooms and leads to a private patio. Two full bathrooms complete the upper level.Mature trees shade the fully fenced backyard, where St. Augustine grass is maintained by automatic irrigation. Parking includes a partially enclosed covered carport, a front space, and a side space. Additional features include an EV charging circuit, Google Fiber conduit, spray foam insulation, a tankless water heater, gas heating, recessed lighting, a smart technology, front door camera, security system, and large high quality windows through out that have interrior screens.In this six-residence, owner-occupied condo community, the $225 monthly HOA dues cover lawn maintenance, community landscape lighting, and common-area insurance. The original 2021 new-construction inspection report is available from the sellers.Explore Brentwood Park and Arroyo Seco, or head to Little Deli, The Violet Crown Wine Bar & Coffee, Fresh Plus, H-E-B, and Burnet Road shops and restaurants. MoPac, US 183, I-35, and RM 2222 offer access to Downtown Austin and The Domain. Zoned to Austin ISD’s Brentwood Elementary, Lamar Middle School, and McCallum High School.Each December since 1994, neighbors have lined Arroyo Seco with candlelit luminarias, lighting the creekside path for a holiday stroll. Make this your home before the holidays!

At $559/sqft, this home is priced 43% above the Austin active market average of $390/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

1504 Ruth Ave #2, Austin, TX 78757

Property Details

Price $575,000
Status Active Listing
Beds 2
Full Baths 2
Half Baths 1
Living Area 1,029 sqft
Lot Size 0.07 acres (2,896.74 sqft)
Year Built 2021
Garage 1 spaces
Stories ,
Type Residential · Condominium
Subdivision Brentwood
County Travis
Zip Code 78757
$/sqft $559/sqft
Days on Market ,
HOA $225/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT248684703
List Date November 4, 2026
Elementary School Brentwood
Middle School Lamar (Austin ISD)
High School McCallum
School District Austin ISD

Austin ISD

Brentwood · Lamar (Austin ISD) · McCallum

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
1716 Karen Ave
Brentwood Terrace
$579,900 $423 3 bd / 1 ba 1,370 sqft , 2026-08-07
1905 Alguno Rd
Burnet Heights
$589,000 $526 2 bd / 1 ba 1,119 sqft , 2026-11-09
1106 Arcadia Ave
West View Heights
$600,000 $582 2 bd / 2 ba 1,031 sqft , 2026-05-14
7812 Hardy Dr #1
Brentwood Crestview
$649,000 $498 2 bd / 2 ba 1,304 sqft , 2026-11-02
605 WILMES Dr #1
KIRK HEIGHTS
$500,000 $490 3 bd / 2 ba 1,020 sqft , 2026-11-05

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
$2,760/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
$115,000
20% conventional investment loan

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

Estimated Gross Rent+$2,760
Principal + Interest−$3,138
Property Tax (assumed ~2.1%)−$1,006
Insurance (assumed ~0.5%)−$240
Est. Monthly Cash Flow $-1,624

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 · 41 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. The written content was last updated on November 11, 2026.

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

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