$151,900

Property Overview

This one-bedroom condo at 2500 Burleson Road presents a compelling investment opportunity in East Riverside, Austin TX, positioned at the intersection of affordability and rapid neighborhood transformation. The efficiently designed 499-square-foot unit features a functional layout encompassing kitchen, living, and dining areas alongside a full bathroom and private balcony. Equipped with all appliances including washer and dryer, the property arrives tenant-ready and is currently leased through June 2026, providing immediate income with minimal vacancy risk. At $304 per square foot, this listing aligns with the area's median pricing while offering the advantage of an established rental agreement.

The gated community enhances investment appeal with desirable amenities including a swimming pool and sundeck, features that strengthen tenant retention and rental competitiveness throughout Austin's robust market. Located in Southeast Austin's 78741 corridor, the property enjoys strategic proximity to Downtown Austin, Austin-Bergstrom International Airport, major employers including Oracle and Tesla, and significant transportation improvements reshaping the East Riverside district. This neighborhood context matters for long-term appreciation as the area continues its evolution into a more transit-connected, urban-focused community.

For investors seeking income-producing real estate with manageable entry costs and existing lease security, this Burleson Road condo delivers tangible monthly cash flow alongside exposure to one of Austin's fastest-developing neighborhoods. The combination of immediate occupancy, established tenant income, and prime location creates a practical foundation for portfolio expansion.

Agent Description

Investor Opportunity – Leased Condo in Southeast Austin TX, (78743) Located at 2500 Burleson Rd #615, this one-bedroom condo presents a solid investment opportunity. The unit features an efficient layout with kitchen, living, and dining areas, a full bath, and a private outdoor balcony. Currently leased through June 2026, the sale is subject to the existing lease, offering immediate rental income and reduced vacancy risk. The condo includes all appliances, including a washer and dryer, for greater tenant retention and simplified turnover. In addition, this gated community offers desirable tenant amenities such as a swimming pool, sundeck, and community mailboxes. All benefits that enhance the rental appeal within the Austin rental market. Conveniently positioned in 78743 Southeast Austin, the location provides easy access to Downtown Austin, Austin-Bergstrom International Airport, Oracle, Tesla, and major transportation corridors. An ideal asset for buyers seeking an Austin investment condo, affordable rental property in 78743, in a one-bedroom condo with a balcony in a gated community.

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 $304/sqft, this listing is priced near the East Riverside median of $298/sqft.

Property Details

Listing data last updated: May 19, 2026

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