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2 bed, 1 bath, 1,390 sqft on 0.03 acres in East Austin. Austin, TX 78702. Last listed at $600,000, sold April 24, 2024. Austin ISD.
About This Home
The dynamic and vibrant lifestyle of East Austin is yours to enjoy from the comfort of the Waterstreet Lofts. Featuring 1 bedroom downstairs, 1 loft bedroom upstairs (currently an office/media room), and 1 bath, this spacious 1,390 sq ft unit is the perfect home base to get out and enjoy the local restaurants and bars that make Austin special. This corner unit – the 3rd largest in the building -- has industrial-chic design with high 17’+ ceilings, exposed ducts, stained concrete floors, and large floor-to-ceiling windows in the living area. The kitchen, dining, and living areas all work together in the open floor plan. The L-shaped kitchen includes wood-toned cabinets, engineered stone counters, and a fresh, white subway tile backsplash. Relax on your own private balcony with peekaboo views of downtown. When it’s time to call it a day, the spacious primary bedroom provides a welcome retreat. Adjoining the bedroom and bathroom is small bonus room that makes the perfect place for your yoga mat. The sizable upstairs loft has bamboo floors. This home also has full size washer and dryer hook ups situated inside the spacious primary closet so your clothes can go straight from the dryer to the hanger. The building is pet-friendly and includes a secured fenced-in dog run with shade trees and benches. Just steps from your front door you can access the large, outdoor community patio. The convenience of one included reserved parking space in the gated garage provides ease and security, and the garage stairs are convenient to the home. You’ll also have access to Google Fiber. Step out the front door, and you can see the downtown skyline. Enjoy an afternoon walk to Lady Bird Lake in just under 10 minutes, catch the metro train at the nearby Plaza Saltillo Metro Stop, and get your essentials at Target and Whole Foods less than a mile away. Convenience to a delicious variety of nearby restaurants and bars makes this home is a foodie and nightlife enthusiast's dream.
East Austin is the only neighborhood in the city where you can walk from a James Beard Award-winning restaurant to a converted warehouse gallery to a live music venue to a craft cocktail bar without ever getting in your car. That walkability, combined with a building boom that has reshaped the housing stock over the past decade, makes East Austin the most dynamic real estate market in Central Texas.
East Austin stretches from I-35 on the west to Highway 183 on the east, with Lady Bird Lake forming the southern boundary and roughly MLK Boulevard marking the northern edge of the 78702 core. The 78722 zip extends the identity further north and east. Downtown is immediately across I-35 - five minutes by car, 15 by bicycle. East Cesar Chavez, East 6th, and East 7th serve as commercial corridors, each with its own personality. East Cesar Chavez leans toward taquerias and family shops, East 6th trends cocktail bars and restaurants, East 7th mixes galleries with newer retail.
Modern townhomes and duplexes make up about 35% of sales activity, concentrated on infill lots. Original shotgun bungalows and Craftsman homes account for 25%, mostly on quieter streets east of Chicon - typically 800 to 1,200 square feet on generous lots with ADU potential. Contemporary custom homes represent 15%, with architects like Bercy Chen and Alterstudio producing some of the most interesting residential design in Texas. Unrenovated bungalows start in the mid-$400s. Renovated historic homes with ADUs land between $700,000 and $1 million. New townhomes cluster around $600,000 to $900,000. Custom builds cross $1.5 million.
East Austin falls within Austin ISD. Zavala Elementary and Blackshear Elementary handle early grades. Martin and Kealing Middle Schools are the primary options, with Kealing's magnet program drawing students districtwide. Eastside Memorial High School serves the area, though many families opt for LASA, private schools, or open-enrollment options. The school landscape is more complex than in neighborhoods with a single feeder pattern, and specific addresses matter.
The lifestyle is what people picture when they think of modern Austin. Morning starts at Cenote or Fleet Coffee. Franklin Barbecue's line forms early, but locals order ahead. The dining concentration is remarkable. Suerte does modern Mexican with in-house nixtamal. Nixta Taqueria won a James Beard Award. Launderette turns a converted laundromat into one of Austin's best brunch spots. Canje brings Caribbean cooking to Holly Street. Kemuri Tatsu-Ya fuses izakaya with smokehouse. Via 313 has been making Detroit-style pizza since before the current boom. The Butler Trail, Boggy Creek Greenbelt, Roy Guerrero Park, and Mueller Lake Park provide outdoor options.
East Austin offers urban density and walkability unmatched outside downtown, at prices that undercut the west side significantly. Compared to South Congress, it provides more housing variety and better value per square foot. Compared to Mueller, it trades master-planned orderliness for more character. The main concerns are the pace of change and the east-west infrastructure divide, which has narrowed but still shows in some areas.
East Austin is for buyers who want to live in Austin's cultural energy rather than commute to it. It fits people who eat out frequently, bike to work, and value diversity of experience. It works for investors who see ADU potential in the generous lots. If you need a large lot, a quiet cul-de-sac, or a top suburban school, look elsewhere. But if you want to walk out your front door and feel the pulse of what makes Austin different from every other Texas city, there is no better address.
School District: Austin ISD
View East Austin neighborhood guide- Property Type
- Residential
- Year Built
- 2007
- Lot Size
- 0.03 acres
- Price / Sq Ft
- $432
- HOA
- $349.11/mo
- Garage
- 1 spaces
Listing information last updated June 21, 2024.
Listed by Compass RE Texas, LLC
MLS# 7583471 • Closed
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Properties displayed may be listed or sold by various participants in the MLS.
Highlights
Facts & Features
Interior
- Breakfast Bar
- High Ceilings
- Interior Steps
- Primary Bedroom on Main
- Track Lighting
- Walk-In Closet(s)
- Dishwasher
- Disposal
- Microwave
- Free-Standing Range
- Self Cleaning Oven
- Bamboo
- Concrete
- Wood
- Heating
- Central
- Cooling
- Central Air
Exterior & Lot
- Dog Run
- Natural Building
- Slab
- Patio
- Roof
- Flat Tile
- Lot Size
- 0.03 Acres
- Attached
- Garage
- Gated
- Reserved
- Garage Spaces
- 1
Financial
- HOA Fee
- $349 / mo
- Original List Price
- $650,000
- Price per Sq Ft
- $432
Utilities
- Electricity Available
- Natural Gas Available
- Water Source
- Public
Explore this area
Price & Listing History
Listing timeline with current price, original ask, and market time.
- Current list
- $600,000
- Original list
- $650,000
- Price movement
- $50K reduction
- Listed / DOM
- Feb 22, 2024
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $542,871
- Assessment Year
- 2025
- Year Built
- 2007
- Parcel ID
- 000000746242
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-9.5% | — | $542,871 | — | — |
2024+3.4% | — | $600,000 | $1,132 | $660,041 |
2023+31.6% | — | $580,000 | $1,132 | $699,786 |
2022+8.0% | — | $440,700 | $1,132 | $578,868 |
2021 | — | $408,200 | $1,019 | $439,681 |
Zoned Schools
Eastside Early College
Martin
Sanchez
Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility.
Excluded from this estimate: property taxes and home insurance. Each requires verified amount, cadence or unit, source, and as-of details.
HOA source: MLS Grid / Unlock MLS, as of 2026-04-25T02:51:50.833075+00:00; normalized from monthly dues.
20% ($120K)
Adjustable assumption - not a lending recommendation.
$600,000
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Keenan Market Position
A sourced read on East Austin pricing, timing, and property scale. No automated valuation claim.
List price
$600,000
Price per sqft
$432/sqft
Vs. Neighborhood guide reference price
+1.3%
$592.2K · East Austin neighborhood guide · reference price
Days on market
Not available
Original to current
$50K reduction
$650K original
Active inventory context
293 listings
Price Position in East Austin
Listed 1% above the East Austin neighborhood guide reference price. East Austin neighborhood guide · reference price.
Source: MLS Grid / Unlock MLS and Keenan Group review as of Apr 25, 2026.
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