Property Overview

This 792-square-foot condo at 1705 Crossing Place sits at the heart of East Riverside's rapid transformation, offering an exceptional value opportunity at $234 per square foot—18 percent below the neighborhood median. The second-floor unit features a practical split-bedroom layout with two bedrooms and two bathrooms, providing flexibility for roommates or tenants alike. Recent updates to appliances and HVAC systems within the past two years mean minimal immediate capital expenses, allowing investors to focus on value-add improvements that enhance rental income or resale appeal.

Positioned in one of Austin's most dynamic neighborhoods, this property provides immediate proximity to Lady Bird Lake access and benefits from transit improvements reshaping East Austin. The location offers genuine convenience: minutes from Austin Bergstrom International Airport, straightforward downtown commuting, and walkable access to local favorites like Meanwhile Brewing Company. The move-in-ready condition provides flexibility—whether owner-occupied or rental-focused, the fundamentals are in place for a solid investment foundation.

This condo represents the accessible urban living that's drawing residents to East Riverside's new development corridor. For investors seeking Austin properties with honest bones and strong neighborhood momentum, 1705 Crossing Place delivers practical potential in a location experiencing real transformation.

Agent Description

This charming 2 bedroom, 2 bath condo presents a strong value add investment opportunity in a highly accessible Austin location. Offering 792 square feet with a functional split bedroom layout, the fundamentals are solid and the major systems have already been addressed. All appliances have been replaced within the last two years, and the HVAC system was updated approximately two years ago, helping minimize near term capital expenses. The interior is move-in ready but could potentially go for some cosmetic updates and TLC, making this an ideal project for an investor looking to renovate and increase rental income or future resale potential. The layout works well for roommates or tenants, and the second floor setting provides added privacy. Located just minutes from Austin Bergstrom International Airport with an easy commute to downtown Austin, this property benefits from consistent rental demand. Enjoy being close to some of East Austin's favorite spots like Meanwhile Brewing Co, Pinthouse Brewing, Radio Coffee & Beer, and Roy G Guerrero Colorado River Metro Park for trails and outdoor time. Shopping, dining, and entertainment are all nearby, making this an appealing option for both owners and renters. Whether you're pursuing a buy and hold strategy or a light renovation to capture upside, this condo offers strong rental fundamentals, manageable renovation scope, and a location with long term growth potential.

Neighborhood: East Riverside

This property is located in East Riverside, Austin, TX. The area is known for Rapid Transformation, Affordable Urban Living, Lady Bird Lake Access, New Development, Transit Improvements.

At $234/sqft, this listing is priced 21% below the East Riverside median of $297/sqft.

Property Details

Listing data last updated: March 25, 2026

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