About This Home

Classic Clarksville condo in A+ location, walkable to tons of hotspots and neighborhood staples. Timeless finishes like parquet real wood floors, high ceilings, flexible loft, open kitchen to dining and living. Ditch the car and walk to Josephine House, Fresh Plus, Cippolinas, Whole Foods, Cafe Medici Coffee, Howler Brothers, Castle Hill Fitness, The Tavern, etc. Austin Community College central. 10 min to Mopac, 10 to IH-35.

At $381/sqft, this home is 3% below the Austin active market average of $392/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

1610 Waterston Ave #11, Austin, TX 78703

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Property Details

Price $399,000

Status Active Listing

Beds 2

Full Baths 2

Half Baths ,

Living Area 1,048 sqft

Lot Size 0.04 acres (1,542.02 sqft)

Year Built 1982

Garage ,

Stories ,

Type Residential · Condominium

Subdivision Enfield Place Condo

County Travis

Zip Code 78703

$/sqft $381/sqft

Days on Market ,

HOA $120/Monthly

Annual Tax Est. $8,480.35

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT242598650

List Date August 9, 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

2508 Enfield Rd #11
Enfield Challenge Condo $399,000 $413 2 bd / 2 ba 967 sqft , 2026-04-17

2612 San Pedro St #112
Treehouse Condominiums $399,000 $321 3 bd / 2 ba 1,244 sqft , 2026-02-19

360 Nueces St #1208
Residential Condo Amd 360 (The 360 Tower) $399,000 $545 1 bd / 1 ba 732 sqft , 2026-06-29

1506 Forest Trl #101
Forest Oaks Condo Amd $399,000 $392 2 bd / 2 ba 1,017 sqft , 2026-07-20

505 W 7th St #105
Posada Del Rey Condo Amd $399,000 $453 2 bd / 2 ba 880 sqft , 2026-07-25

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

$1,915/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

$79,800

20% conventional investment loan

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

Estimated Gross Rent+$1,915

Principal + Interest−$2,178

Property Tax (~2.1% TX avg)−$698

Insurance (~0.5%)−$166

Est. Monthly Cash Flow $-1,127

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 21, 2026.

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

1610 Waterston Ave #11

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Austin, TX

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