Active Listing  ·  60 days on market

10500 W SH 71 None #1003

Austin, TX 78736
$2,501,250
1 Bed 2 Bath 1,380 sqft $1,813/sqft Built 2027 70.00 acres 1-Car Garage Pool White Rocks Entertainment

Live at the intersection of music, luxury, and nature in this exceptional 10th-floor residence overlooking the iconic White Rocks Amphitheater. Designed for those who seek unforgettable experiences, this one-bedroom, one-and-a-half-bath home offers refined interiors, sweeping amphitheater views, and privileged access to a collection of five-star amenities, all set within one of Austin's largest protected preserve environments.

Located within the UMusic Hotel, owners will enjoy a curated lifestyle inspired by music, wellness, hospitality, and entertainment, including exclusive resident privileges and resort-style services. Reservations are currently being accepted, offering a unique opportunity to secure ownership in one of Austin's most anticipated luxury destinations. Construction is anticipated to begin in Q1 2027, with additional details and pricing available upon request.

Renderings, features, amenities, floor plans, pricing, and completion dates are subject to change.

At $1,813/sqft, this home is priced 364% above the Austin active market average of $391/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

10500 W SH 71 None #1003, Austin, TX 78736

Property Details

Price $2,501,250
Status Active Listing
Beds 1
Full Baths 1
Half Baths 1
Living Area 1,380 sqft
Lot Size 70.00 acres (3,049,200 sqft)
Year Built 2027
Garage 1 spaces
Stories ,
Type Residential · Condominium
Subdivision White Rocks Entertainment
County Travis
Zip Code 78736
$/sqft $1,813/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $44,029.27
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT232495685
List Date June 5, 2026
Elementary School Baldwin
Middle School Small
High School Bowie
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
98 San Jacinto Blvd #2404
Town Lake Residences Condo
$2,495,000 $1,811 2 bd / 3 ba 1,378 sqft , 2026-07-17
13003 On The Lake Rd
Lakeland Park
$2,800,000 $1,750 2 bd / 2 ba 1,600 sqft , 2025-06-20
202 Nueces St #1405
Austin Proper
$2,995,000 $1,820 2 bd / 3 ba 1,646 sqft , 2026-05-28
301 West Ave #4607
Independent Condos
$1,950,000 $1,376 2 bd / 2 ba 1,417 sqft , 2025-10-24
9114 290 W Hwy
Geneva Estates Sec 01
$1,850,000 $1,321 2 bd / 1 ba 1,400 sqft , 2024-10-10

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
$12,006/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
$500,250
20% conventional investment loan

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

Estimated Gross Rent+$12,006
Principal + Interest−$13,650
Property Tax (~2.1% TX avg)−$4,377
Insurance (~0.5%)−$1,042
Est. Monthly Cash Flow $-7,063

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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