Active Listing  ·  329 days on market

1010 Rundberg Ln #24

Austin, TX 78758
$249,000
3 Bed 2 Bath 1,238 sqft $201/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 $201/sqft, this home is 49% below the Austin active market average of $393/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 $249,000
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 $201/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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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 · October 29, 2025 $250,000
Current ask $249,000
Reduced $1,000 (-0.4%) 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
9602 Covey Ridge Ln
Park At Quail Creek Amd
$245,900 $199 3 bd / 2 ba 1,237 sqft , 2026-08-06
9217 Singing Quail Dr #8E
Quail Run Condo Amd
$254,900 $197 2 bd / 2 ba 1,296 sqft , 2026-06-16
911 W Village Ln
Park At Quail Creek Sec 02
$240,000 $211 3 bd / 2 ba 1,137 sqft , 2026-09-03
1010 W Rundberg Ln #30
Summertree Condo
$239,000 $204 2 bd / 2 ba 1,170 sqft , 2026-08-31
9419 Singing Quail Dr
Quail Run Condo Amd
$262,500 $203 2 bd / 2 ba 1,291 sqft , 2026-09-07

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
$1,195/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
$49,800
20% conventional investment loan

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

Estimated Gross Rent+$1,195
Principal + Interest−$1,359
Property Tax (~2.1% TX avg)−$436
Insurance (~0.5%)−$104
Est. Monthly Cash Flow $-704

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 11, 2026.

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