Active Listing  ·  36 days on market

1000 Verbena Dr #1357R

Austin, TX 78750
$270,000
3 Bed 2 Bath 1,356 sqft $199/sqft Built 1981 2-Car Garage Pool Villas Anderson Mill Condos Unit 1054A Bl

Welcome to this comfortable and well-maintained 3-bedroom, 2-bath home offering 1,356 square feet of thoughtfully designed living space in the desirable Villas of Anderson Mill community. Whether you're a first-time buyer, downsizing, or looking for a low-maintenance lifestyle, this home provides the perfect blend of convenience and comfort. The functional floor plan features a spacious primary suite on the main level with an adjoining bathroom and the added convenience of a nearby laundry room. The inviting living and dining areas flow seamlessly into the kitchen, creating an ideal space for everyday living and entertaining. All appliances convey with the home, including the refrigerator, washer, and dryer, making your move-in process simple and stress-free.

Enjoy the benefits of living in the quiet Villas of Anderson Mill community, where residents have access to a refreshing community pool and beautifully maintained green spaces. Outdoor enthusiasts will appreciate the nearby hike and bike trails that connect to tennis courts, playgrounds, and a dog park within the Anderson Mill Limited District, providing endless opportunities for recreation just moments from home. Families will love the exceptional location within the highly acclaimed Round Rock ISD. This home is within walking distance to the elementary school, middle school, and the award-winning Westwood High School, making school commutes incredibly convenient.

Commuters will appreciate the prime location just off Anderson Mill Road with quick access to FM 620 and Highway 183, placing major employers, shopping, dining, and everyday conveniences within easy reach. Additional features include a two-car garage, private driveway, and nearby guest parking for visitors. Offering an unbeatable combination of location, convenience, community amenities, and move-in-ready appeal, this charming home is ready for its next owner to enjoy all that Anderson Mill has to offer.

At $199/sqft, this home is 49% below the Austin active market average of $390/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

1000 Verbena Dr #1357R, Austin, TX 78750

Property Details

Price $270,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,356 sqft
Lot Size ,
Year Built 1981
Garage 2 spaces
Stories ,
Type Residential · Condominium
Subdivision Villas Anderson Mill Condos Unit 1054A Bl
County Williamson
Zip Code 78750
$/sqft $199/sqft
Days on Market ,
HOA $370/Monthly
Annual Tax Est. $5,739.24
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT239246014
List Date July 9, 2026
Elementary School Anderson Mill
Middle School Noel Grisham
High School Westwood
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.

Schedule a Call →

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
14608 Menifee St
AUSTIN'S COLONY PHS 2
$270,000 $162 4 bd / 2 ba 1,662 sqft , 2025-12-29
12500 Lamppost Ln #17
CAPITAL A CONDOMINIUMS AT LAMPPOST
$270,000 $181 3 bd / 2 ba 1,488 sqft , 2025-10-14
5704 Levenwood Ln
Woodlands Sec 06
$270,000 $224 3 bd / 2 ba 1,207 sqft , 2026-03-18
6900 E Riverside Dr #31
Arbors At Riverside Condo The
$270,000 $206 2 bd / 3 ba 1,312 sqft , 2026-06-23
8921 Stambourne St
Sheldon 230 Sec 02 Ph 05
$270,000 $243 3 bd / 2 ba 1,111 sqft , 2026-06-25

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
$1,296/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
$54,000
20% conventional investment loan

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

Estimated Gross Rent+$1,296
Principal + Interest−$1,474
Property Tax (~2.1% TX avg)−$473
Insurance (~0.5%)−$113
Est. Monthly Cash Flow $-764

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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About the Author
Luke Allen, Austin TX Realtor, TREC #788149
Luke Allen
Licensed Austin TX Realtor · TREC #788149 · Full-time since 2019
★★★★★ 5.0 on Google · 30 Reviews

Luke Allen is a full-time Austin TX Realtor with the Austin Marketing + Development Group brokerage. He works with buyers, sellers, and investors across every Austin ISD and the surrounding neighborhoods, from Downtown and East Austin to Round Rock, Cedar Park, and the Hill Country. Every page on this site is written and maintained by Luke. This page was last updated on August 9, 2026.

📞 (254) 718-2567 [email protected] More about Luke →