Active Listing  ·  1 day on market

2121 S Congress Ave #714

Austin, TX 78704
$2,065,000
3 Bed 3 Bath 2,052 sqft $1,006/sqft Built 2029 2-Car Garage Pool Travis Heights

Experience penthouse living in the heart of South Congress at Leland, an exceptional new condominium community by acclaimed developer Intracorp. Perched on the seventh floor, Residence 714 offers 2,052 square feet of thoughtfully designed interiors, three bedrooms, three full baths, and a private 159-square-foot terrace overlooking one of Austin's most vibrant neighborhoods.

Designed for effortless living and entertaining, this residence features an expansive open-concept living and dining area, a chef-inspired kitchen with an oversized island, quartz countertops, custom cabinetry, and premium Thermador appliances. The primary suite offers a peaceful retreat with generous walk-in closets and a spa-inspired bath featuring a floating soaking tub, oversized shower, and dual vanities. Two additional bedrooms, a dedicated laundry room, and an optional mudroom upgrade provide exceptional flexibility and convenience.

Beyond your front door, discover over 35,000 square feet of thoughtfully curated amenities, including a resort-style pool with downtown views, state-of-the-art fitness center, infrared sauna, wellness lounge, private dining room with chef's kitchen, owner's bar, coworking lounges, private offices, and beautifully landscaped outdoor gathering spaces. A staffed concierge and secure underground parking complete the experience.

Step outside and immerse yourself in the energy of South Congress, where Austin's celebrated restaurants, independent boutiques, live music, and creative culture are part of everyday life. Leland offers the rare opportunity to enjoy a sophisticated private retreat while remaining connected to everything that makes Austin extraordinary.

Visit the Leland Sales Lounge to experience the vision firsthand. Private appointments available through the Leland Sales Team.

At $1,006/sqft, this home is priced 157% 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

2121 S Congress Ave #714, Austin, TX 78704

Property Details

Price $2,065,000
Status Active Listing
Beds 3
Full Baths 3
Half Baths ,
Living Area 2,052 sqft
Lot Size ,
Year Built 2029
Garage 2 spaces
Stories ,
Type Residential · Condominium
Subdivision Travis Heights
County Travis
Zip Code 78704
$/sqft $1,006/sqft
Days on Market ,
HOA $1,436/Monthly
Annual Tax Est. $35,353
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT249163986
List Date October 7, 2026
Elementary School Travis Hts
Middle School Lively
High School Austin
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.

Schedule a Call →

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
212 Fletcher St
La Prelle Place Resub
$2,075,000 $806 3 bd / 5 ba 2,573 sqft , 2026-04-22
1317 Newning Ave
Michaels Fairview Park 02
$1,999,500 $999 3 bd / 1 ba 2,002 sqft , 2026-04-10
1704 Travis Heights Blvd
Travis Heights
$1,999,000 $774 3 bd / 2 ba 2,583 sqft , 2026-09-11
2000 Wilson St
Gillis Simon
$1,995,000 $795 4 bd / 4 ba 2,508 sqft , 2026-09-28
44 East Ave #2101
44 East Ave Condos
$1,895,000 $933 3 bd / 3 ba 2,032 sqft , 2026-10-02

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
$9,912/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
$413,000
20% conventional investment loan

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

Estimated Gross Rent+$9,912
Principal + Interest−$11,270
Property Tax (~2.1% TX avg)−$3,614
Insurance (~0.5%)−$860
Est. Monthly Cash Flow $-5,832

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 →

Neighborhood Context

About Travis Heights

Travis Heights is the neighborhood that South Austin residents fight over. Perched on hilly terrain south of the river between South Congress and Congress Avenue, it combines the best of South Austin's character - eclectic homes, mature trees, creative energy - with genuine walkability to one of Austin's best commercial corridors.

The streets roll up and down in a way that's unusual for Austin, creating sightlines and privacy that flat neighborhoods can't offer. Homes here range from original craftsman bungalows and Victorian cottages to architecturally significant modern builds taking advantage of the topography.

🛍️
South Congress Access

Walking distance to the South Congress corridor - Austin's most eclectic commercial street, with restaurants, bars, boutiques, and the Continental Club.

🌳
Mature Tree Cover

Some of the best tree canopy in South Austin. The hilly terrain means homes have natural privacy from the street and each other.

🏊
Big Stacy Park

Neighborhood park with a spring-fed swimming pool, tennis courts, and playground - a true community asset that's a short walk for most residents.

🏘️
Neighborhood Character

Architecture ranges from 1910 craftsman bungalows to striking modern infill. The variety is part of the appeal - no two blocks look the same.

Full Travis Heights Guide →

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 · 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 October 8, 2026.

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