Active Listing  ·  279 days on market

1010 Rundberg Ln #24

Austin, TX 78758
$250,000
3 Bed 2 Bath 1,238 sqft $202/sqft Built 1980 0.08 acres 2-Car Garage Pool Summertree Condo

Situated in an up-and-coming neighborhood, this charming 3-bedroom, 1.5-bath condo offers incredible potential—whether you’re searching for your next home or a solid investment opportunity. Renovated in 2022, the home features a stunning kitchen that will delight any chef, boasting spacious quartz countertops, a gas oven, and a beautifully designed tile backsplash that adds a clean, sophisticated touch. The open floor plan flows effortlessly into a cozy living room complete with a wood-burning fireplace and elegant double French doors leading to a private backyard patio. Step outside and enjoy the shade of a blossoming green apple tree—offering not just beauty and serenity, but a sweet seasonal treat as well. Upstairs, you'll find three bedrooms and a shared full bathroom. The third bedroom connects to a bright, open loft space with a skylight—perfect for a home office, reading nook, or playroom. A rare find in the Austin condo market, this unit also includes a spacious two-car garage—offering added convenience, storage, and value. Recent HOA upgrades include brand-new flat and pitched roofs, fresh siding and exterior paint, and updated patio fencing. Residents also enjoy access to a large community pool at the center of the courtyard, perfect for cooling off during those hot Texas summers. Your dog will love the secure, fenced-in complex—perfect for outdoor play and peace of mind. Ideally located less than 10 minutes from The Domain and Q2 Stadium, you'll be close to some of Austin’s best shopping, dining, and entertainment. Just steps away, the YMCA and Quail Creek Park offer extensive recreational amenities, including a fitness center, swimming pool, walking trails, and sports facilities. Don't miss out on this amazing opportunity to make this charming condo your new home!

At $202/sqft, this home is 48% below the Austin active market average of $391/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

1010 Rundberg Ln #24, Austin, TX 78758

Property Details

Price $250,000
Status Active Listing
Beds 3
Full Baths 1
Half Baths 1
Living Area 1,238 sqft
Lot Size 0.08 acres (3,354.12 sqft)
Year Built 1980
Garage 2 spaces
Stories ,
Type Residential · Condominium
Subdivision Summertree Condo
County Travis
Zip Code 78758
$/sqft $202/sqft
Days on Market ,
HOA $538/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT210426322
List Date October 29, 2025
Elementary School Guerrero Thompson
Middle School Burnet (Austin ISD)
High School Navarro Early College
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
2314 Klattenhoff Dr
Wells Branch Ph D Sec 01
$250,000 $203 2 bd / 1 ba 1,233 sqft , 2025-10-23
4607 Craigwood Dr
Craigwood Sec 02
$250,000 $198 3 bd / 2 ba 1,264 sqft , 2026-03-10
3840 Far West Blvd #101
Far West Skyline Condo
$250,000 $294 2 bd / 2 ba 849 sqft , 2026-03-18
2918 N Ranch Road 620 Rd #W219
Villas On Travis Condo Amd
$250,000 $179 2 bd / 3 ba 1,395 sqft , 2025-04-28
9525 N Capital Of Texas Hwy #623
Loop Condo
$250,000 $257 2 bd / 1 ba 972 sqft , 2026-01-08

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
$1,200/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
$50,000
20% conventional investment loan

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

Estimated Gross Rent+$1,200
Principal + Interest−$1,364
Property Tax (~2.1% TX avg)−$438
Insurance (~0.5%)−$104
Est. Monthly Cash Flow $-706

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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