Active Listing  ·  103 days on market

1000 Liberty Park Dr #406

Austin, TX 78746
$690,000
2 Bed 2 Bath 1,461 sqft $472/sqft Built 1996 0.12 acres 1-Car Garage Pool Liberty Park Condo Amd

The epitome of lock and leave lifestyle in the 78746! Unit 406 has been professionally designed with elegance in mind featuring European White Oak flooring, Venetian plaster and Limestone fireplaces and Quartz and Granite countertops. The spectacular wall of glass brightens the living space with a backdrop of green space, with automated shades offering ease of use. Spacious Primary Suite includes a fireplace, walk-in closet outfitted by the Container Store and a private patio to enjoy your morning coffee. Modern bath with large format Italian tile, frameless walk-in shower and double vanity. Nicely sized secondary bedroom and bath. Located on the first floor, your private garage is just steps away. Seller made many updates including replacement of the HVAC system, hot water heater, dish washer and more. Intimate and serene gated community with pool, club house and lush landscaping, just steps away from Treemont Park. HOA dues cover water, trash, common area maintenance, walls-out insurance and security gates. Westlake living at its finest, yet just minutes to downtown and Zilker Park. The location can’t be beat with easy access to MoPac, Bee Cave Rd, Loop 360 and Hwy 290. Welcome home!

At $472/sqft, this home is priced 21% above the Austin active market average of $390/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

1000 Liberty Park Dr #406, Austin, TX 78746

Property Details

Price $690,000
Status Active Listing
Beds 2
Full Baths 2
Half Baths ,
Living Area 1,461 sqft
Lot Size 0.12 acres (5,401.44 sqft)
Year Built 1996
Garage 1 spaces
Stories ,
Type Residential · Condominium
Subdivision Liberty Park Condo Amd
County Travis
Zip Code 78746
$/sqft $472/sqft
Days on Market ,
HOA $531.3/Monthly
Annual Tax Est. $12,388.47
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT227356168
List Date April 23, 2026
Elementary School Cedar Creek (Eanes ISD)
Middle School Hill Country
High School Westlake
School District ,

Luke Allen (TREC #788149) has deep knowledge of Austin and surrounding markets. Whether you're buying, selling, or just researching comparable sales, reach out for a no-pressure conversation.

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Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · April 23, 2026 $700,000
Current ask $690,000
Reduced $10,000 (-1.4%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

Similar Homes on the Market in Austin

Comparable Listings Right Now

Homes currently for sale in Austin with similar bedroom count, size, and price range, giving you real-time context for how this property's asking price compares to the active market.

AddressList Price$/sqftBeds/BathsSqftDOMListed
5200 Grover Ave
Brentwood
$690,000 $680 2 bd / 3 ba 1,014 sqft , 2026-06-02
2105 SL Davis Ave. #2 None
Foster
$689,900 $629 3 bd / 3 ba 1,097 sqft , 2026-07-21
1506 W 13th St #1
Escorial Condo
$689,000 $471 2 bd / 2 ba 1,462 sqft , 2025-10-30
3103 Garwood St #2
Brass G M
$689,000 $510 3 bd / 3 ba 1,352 sqft , 2026-06-04
2505 Bluebonnet Ave #5
Bluebonnet Lofts
$685,900 $452 2 bd / 3 ba 1,519 sqft , 2025-05-09

Source: ACTRIS MLS, live listings. Similar by ±1 bed, ±35% price, ±35% sqft. Contact Luke for a formal comparative market analysis.

Investment Analysis

Rental Income Potential

The numbers below use conservative Austin-market assumptions. They are estimates, not a guarantee. Actual rents vary by condition, timing, and management. Read our full Austin rental property guide →

Est. Monthly Rent
$3,312/mo
0.48% rule · conservative Austin est.
Gross Yield
5.76%
Annual rent ÷ purchase price
Cap Rate (est.)
3.46%
NOI after 40% vacancy + expenses
Down Payment
$138,000
20% conventional investment loan

Monthly Cash Flow Breakdown (20% down · 7.25% rate)

Estimated Gross Rent+$3,312
Principal + Interest−$3,766
Property Tax (~2.1% TX avg)−$1,208
Insurance (~0.5%)−$288
Est. Monthly Cash Flow $-1,950

At current rates and prices, many Austin luxury properties run neutral or slightly negative on pure cash flow, appreciation and equity paydown are the primary return drivers. BRRRR and off-market acquisitions can improve day-one cash flow. Learn about the BRRRR method in Austin →

Commute & Employment

Major Employers Near Austin, TX

Austin sits within commuting range of Austin's major tech, manufacturing, and corporate campuses. Approximate drive times from this area:

Tesla Gigafactory 15-25 min E
Apple Campus (Domain) 20-30 min N
Google / Meta / Indeed 10-15 min downtown
Dell Medical School / UT Austin 10-20 min
Samsung Austin Semiconductor 25 min N

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