Active Listing  ·  56 days on market

1026 Verbena Dr

Austin, TX 78750
$250,000
2 Bed 3 Bath 1,140 sqft $219/sqft Built 1981 0.03 acres 2-Car Garage Pool Villas Anderson Mill Condos Unit 1054a Bl

Fantastic opportunity to own a beautifully maintained condo in the highly sought-after 78750 zip code, directly across from Grisham Middle School and just minutes from Westwood High School. This charming two-story home offers 2 bedrooms, 2 full bathrooms, and an attached 2-car garage, combining comfort, convenience, and an unbeatable location.

Inside, tasteful updates and zero carpet create a clean, modern feel throughout. Natural light pours in through the large staircase window, brightening the home's inviting interior. The spacious living area features a cozy gas fireplace, while the sunny patio provides the perfect space to relax or entertain. The kitchen has been refreshed with updated flooring, a stylish backsplash, a smart oven, and a newly installed mounted microwave with increased clearance above the stove. Additional interior improvements include fresh paint in the kitchen and both upstairs bathrooms, updated vinyl flooring in the upstairs bedrooms, new faucets in both bathrooms, new fan/light fixtures in the bedrooms, a new dining room light fixture, a new kitchen ceiling fan, and extensive painting throughout the home.

Thoughtful features add everyday comfort, including a dedicated heater in the shower room in addition to the standard ventilation system, making winter mornings especially enjoyable.

Enjoy access to a dedicated community pool, a park located directly across the street, and an extensive network of walking trails just outside the community. Commuters will appreciate quick access to both Highway 183 and FM 620, providing convenient routes throughout Austin and the surrounding area.

Major exterior improvements were completed in 2025, including a new roof, all new gutters, chimney crowns and caps, exterior trim replacement and painting, plus repairs to flashing, siding, and soffit vents. As an added bonus, Google Fiber is scheduled to be installed in the community in 2026 at no cost to unit owners.

At $219/sqft, this home is 44% 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

1026 Verbena Dr, Austin, TX 78750

Property Details

Price $250,000
Status Active Listing
Beds 2
Full Baths 1
Half Baths 2
Living Area 1,140 sqft
Lot Size 0.03 acres (1,306.8 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 $219/sqft
Days on Market ,
HOA $370/Monthly
Annual Tax Est. $4,930.5
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT236210091
List Date June 19, 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
1000 Verbena Dr #1357R
Villas Anderson Mill Condos Unit 1054A Bl
$270,000 $199 3 bd / 2 ba 1,356 sqft , 2026-07-09
10419 Firethorn Ln
Village 01 At Anderson Mill
$305,000 $287 3 bd / 2 ba 1,063 sqft , 2026-08-05
10616 MELLOW MEADOW Dr #28C
Park West Condo
$189,900 $199 2 bd / 2 ba 952 sqft , 2026-08-04
11000 Anderson Mill Rd #3
Courtyard Homes/Anderson Oaks
$315,000 $241 2 bd / 3 ba 1,308 sqft , 2026-07-24
10616 Mellow Meadows Dr #30-D
Meadows Of Anderson Mill
$179,000 $188 2 bd / 2 ba 952 sqft , 2026-08-09

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
$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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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 June 27, 2026.

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