Active Listing  ·  8 days on market

10502 Wylie Dr #278

Austin, TX 78748
$425,000
3 Bed 3 Bath 1,714 sqft $248/sqft Built 2008 0.22 acres 2-Car Garage Pool Sweetwater Glen Condo Amd

Welcome to modern, low-maintenance living in the highly sought-after Sweetwater Glen community! This beautiful 3-bedroom, 2.5-bathroom condominium offers 1,714 square feet of thoughtfully designed space.

Step inside to a bright and airy open layout featuring two distinct living areas, perfect for a home office, media room, or flexible entertaining space. The kitchen is fully equipped with an electric cooktop, a freestanding range, and breakfast bar seating that overlooks the main living zone.

All three spacious bedrooms are located on the second level for maximum privacy, including a primary suite complete with a walk-in closet. Additional interior highlights include a dedicated laundry room and a mix of tile, carpet, and linoleum flooring.

Outside, enjoy a private, wood-fenced backyard ideal for pets or weekend relaxation. The property also features an attached 2-car garage and underground utilities.

Situated in South Austin (Travis County) within the highly regarded Austin ISD, you will be zoned for Kocurek Elementary, Bailey Middle School, and Akins High School. The low monthly HOA fee of $68 covers common area maintenance and insurance, giving you more time to enjoy everything Austin has to offer!

This property is vacant and ready for its next owner. Schedule your tour today!

At $248/sqft, this home is 36% below the Austin active market average of $390/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

10502 Wylie Dr #278, Austin, TX 78748

Property Details

Price $425,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,714 sqft
Lot Size 0.22 acres (9,757.44 sqft)
Year Built 2008
Garage 2 spaces
Stories ,
Type Residential · Condominium
Subdivision Sweetwater Glen Condo Amd
County Travis
Zip Code 78748
$/sqft $248/sqft
Days on Market ,
HOA $68/Monthly
Annual Tax Est. $7,935.06
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT241733246
List Date August 6, 2026
Elementary School Kocurek
Middle School Bailey
High School Akins
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
9505 Doliver Dr
Tanglewood Forest Sec 01
$425,000 $284 3 bd / 2 ba 1,494 sqft , 2026-07-22
1321 Canopy Creek Way
Hollow At Slaughter Creek Sec 01
$425,000 $205 3 bd / 3 ba 2,075 sqft , 2026-08-10
9944 Aly May Dr
Hollow At Slaughter Creek Sec 1
$424,000 $198 3 bd / 3 ba 2,146 sqft , 2026-05-30
9936 Aly May Dr
Hollow/Slaughter Crk Sec 01
$420,000 $223 3 bd / 3 ba 1,880 sqft , 2026-06-24
1408 Middlefield Ct
Hollow At Slaughter Creek Sec
$420,000 $217 3 bd / 3 ba 1,935 sqft , 2026-07-21

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
$2,040/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
$85,000
20% conventional investment loan

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

Estimated Gross Rent+$2,040
Principal + Interest−$2,319
Property Tax (~2.1% TX avg)−$744
Insurance (~0.5%)−$177
Est. Monthly Cash Flow $-1,200

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 August 8, 2026.

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