Active Listing  ·  15 days on market

1004 E SOLANO Dr NE #1474

Austin, TX 78750
$270,000
3 Bed 2 Bath 1,356 sqft $199/sqft Built 1981 0.04 acres 2-Car Garage Pool Villas Anderson Mill Condos Unit 1054a Bl

This property has been placed in an upcoming online event. All bids should be

submitted at Xome auctions (void where prohibited). All properties are

subject to a 3% buyer’s premium, and bidding is pursuant to the Xome Auction

Participation Agreement. Please contact listing agent for

details. Wonderful home in Villas Anderson Mill! End unit on corner nestled among shady oaks and lush landscaping. Features include vaulted ceilings, fireplace, and large picture windows for natural light. Floorplan has a convenient layout with Primary bedroom downstairs and 2nd bath between other bedrooms. Close to lovely pool area. HOA covers exterior, grounds, and pool maintenance and trash. RRISD-Westwood High. Quick access to 620/183/45 and Lakeline Mall with endless choices for shopping and dining.

At $199/sqft, this home is 49% below the Austin active market average of $392/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

1004 E SOLANO Dr NE #1474, 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 0.04 acres (1,742.4 sqft)
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 $390/Monthly
Annual Tax Est. $5,376.79
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT247744095
List Date September 23, 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.

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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
12226 Old Stage Trl
Village 01 At Anderson Mill
$265,000 $237 3 bd / 2 ba 1,119 sqft , 2026-08-25
1026 Verbena Dr
Villas Anderson Mill Condos Unit 1054a Bl
$245,000 $215 2 bd / 3 ba 1,140 sqft , 2026-06-19
10419 Firethorn Ln
Village 01 At Anderson Mill
$305,000 $287 3 bd / 2 ba 1,063 sqft , 2026-08-05
10602 Double Tree Cv
Village 02 At Anderson Mill
$335,000 $200 3 bd / 2 ba 1,676 sqft , 2026-06-05
1404 Piney Creek Ln
Anderson Mill West Sec 01
$335,000 $222 3 bd / 3 ba 1,507 sqft , 2026-08-05

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 September 25, 2026.

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