$182,000

Property Overview

This 1705 Crossing Place condo offers compelling value in East Riverside, priced 23 percent below the neighborhood median at $230 per square foot. The two-bedroom, two-bath floor plan spans 792 square feet across a second-floor unit with smart split-bedroom layout ideal for roommates or rental tenants. Recently updated systems—including new appliances and HVAC within the past two years—minimize immediate capital needs while the move-in-ready interior provides flexibility for cosmetic refinishing. The location delivers exceptional convenience, situated minutes from Austin Bergstrom International Airport and easily accessible to downtown Austin, positioning this property for consistent rental demand in a rapidly transforming corridor.

East Riverside's renaissance centers on walkable urban living and transit improvements, with nearby amenities like Meanwhile Brewing Co reflecting the neighborhood's creative evolution. Lady Bird Lake access adds recreational appeal to a location increasingly popular with both investors and residents seeking authentic Austin living. While this property has spent time on the market, that patience can reward buyers seeking an opportunity to add value through thoughtful updates before capitalizing on East Riverside's momentum.

Vox Real Estate Insight

At Vox Residential, we recognize that properties sitting beyond 90 days often represent genuine opportunities rather than liabilities, especially in a neighborhood experiencing as much institutional investment and transit development as East Riverside. This condo's solid bones and recent systems upgrades position it perfectly for investors or owner-occupants ready to execute a light value-add strategy in one of Austin's most dynamic corridors.

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 $230/sqft, this listing is priced 15% below the East Riverside median of $270/sqft.

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