$400,000

Property Overview

This 3-bedroom, 3-bathroom condominium at 4803 Ribbecke Ave presents a solid opportunity in Austin, TX with an attractive price point of $309 per square foot. Built in 2002, the 1,295-square-foot residence offers functional living space across nearly 7,000 square feet of total lot area, providing room to breathe in an established East Austin neighborhood. The three full baths—an uncommon feature for a condo of this size—add genuine convenience for households with multiple occupants or frequent guests.

Located on Ribbecke Ave in Austin, this property sits at $400,000, positioning it as a value-oriented entry point compared to surrounding market activity. The extended marketing period reflects the current market dynamics, making this an opportunity for buyers seeking flexibility in negotiation. The 2002 construction provides a well-established foundation while the condo structure eliminates concerns about major exterior maintenance, allowing owners to focus resources on the interior living experience. Ideal for owner-occupants or investors evaluating the Austin, TX real estate landscape.

Agent Description

Updated and refreshed contemporary condo near the east-side action with quick access to the Tesla corridor. Set back from the street, this unit features wonderful entertaining areas with a spacious living room, kitchen, and private back yard with custom fence mural. Wood and tile floors throughout and a beautiful master bathroom with walk-in full-body shower. Ring Security. New exterior paint. Roof replaced in 2018. Great as either a homestead or investment property, there are no HOA fees or STR restrictions. Over $53,000 in STR revenue generated over the last 12 months. Unit #1 also available.

Property Details

Listing data last updated: March 11, 2026

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