Active Listing  ·  5 days on market

2505 E 11th St #2

Austin, TX 78702
$535,000
2 Bed 3 Bath 896 sqft $597/sqft Built 2018 0.13 acres 1-Car Garage Pool 2505 E 11th Street Condos

Experience modern living in the heart of vibrant East Austin at **2502 E 11th Street #2**. This newly completed two-story home features an open-concept floor plan with two spacious bedrooms upstairs, an attached garage, and a private balcony offering downtown skyline views.

The thoughtfully designed interior is complemented by contemporary finishes, abundant natural light, and a seamless flow that's perfect for both everyday living and entertaining.

Situated in one of Austin's most sought-after neighborhoods, you'll be just minutes from some of the city's favorite restaurants, coffee shops, and nightlife, including **Franklin Barbecue, Paperboy, Hillside Farmacy, Suerte, Canje, Nickel City, Whisler's, and Lazarus Brewing**, with Downtown Austin and the East Sixth entertainment district just moments away. East Austin is known for its walkability, acclaimed dining, and vibrant arts and culture scene, making this an exceptional place to call home.

At $597/sqft, this home is priced 53% 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

2505 E 11th St #2, Austin, TX 78702

Property Details

Price $535,000
Status Active Listing
Beds 2
Full Baths 2
Half Baths 1
Living Area 896 sqft
Lot Size 0.13 acres (5,793.48 sqft)
Year Built 2018
Garage 1 spaces
Stories ,
Type Residential · Condominium
Subdivision 2505 E 11th Street Condos
County Travis
Zip Code 78702
$/sqft $597/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $9,230.92
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT240547870
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.

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
2812 Oak Springs Dr #2
Homewood Heights
$535,000 $491 2 bd / 3 ba 1,089 sqft , 2025-10-23
48 East Ave #2405
Natiivo
$535,000 $758 1 bd / 1 ba 706 sqft , 2026-01-16
2015 Fair Oaks Dr
Southern Oaks Sec 01
$535,000 $460 3 bd / 2 ba 1,164 sqft , 2026-06-02
1912 Holly St
Driving Park Add
$539,000 $576 3 bd / 2 ba 936 sqft , 2026-05-08
48 East Ave #3006
48 EAST CONDOMINIUMS
$539,000 $726 1 bd / 1 ba 742 sqft , 2026-06-10

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
$2,568/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
$107,000
20% conventional investment loan

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

Estimated Gross Rent+$2,568
Principal + Interest−$2,920
Property Tax (~2.1% TX avg)−$936
Insurance (~0.5%)−$223
Est. Monthly Cash Flow $-1,511

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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