Active Listing  ·  8 days on market

11970 Jollyville Rd #116

Austin, TX 78759
$186,000
2 Bed 2 Bath 1,069 sqft $174/sqft Built 1982 0.05 acres Pool Columbia Oaks Condo

Awesome opportunity to live close to dining, shopping, and downtown Austin at an affordable price! This freshly updated condo offers new and refinished flooring (no carpet!), fresh paint, new kitchen countertops and backsplash, updated light fixtures, new blinds, and more, and you'll love the convenient access to Highway 183 just minutes from top local hubs like the Arboretum, the Domain, and several peaceful neighborhood parks. Big ticket items have also been replaced, including the water heater in 2026 and HVAC in 2019. In-unit washer and dryer (included with the home!) and a private back patio with large storage closet complete the package! Beyond its plentiful improvements and prime location, this property also offers access to top-tier schools including Canyon Vista Middle School and the acclaimed Westwood High School. Combining affordability, key modern updates, and an unbeatable location, this turnkey Northwest Austin gem provides the ideal low-maintenance lifestyle for anyone looking to enjoy the best of the Austin area!

At $174/sqft, this home is 55% 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

11970 Jollyville Rd #116, Austin, TX 78759

Property Details

Price $186,000
Status Active Listing
Beds 2
Full Baths 2
Half Baths ,
Living Area 1,069 sqft
Lot Size 0.05 acres (2,069.1 sqft)
Year Built 1982
Garage ,
Stories ,
Type Residential · Condominium
Subdivision Columbia Oaks Condo
County Travis
Zip Code 78759
$/sqft $174/sqft
Days on Market ,
HOA $423/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT247977302
List Date September 30, 2026
Elementary School Caraway
Middle School Canyon Vista
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.

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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
11970 Jollyville Rd #103
Columbia Oaks Condo
$179,000 $167 2 bd / 2 ba 1,069 sqft , 2026-10-02
12325 LOS INDIOS Trl #14
Groves Los Indios Condos Ph 02
$209,900 $244 2 bd / 2 ba 860 sqft , 2026-09-19

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
$893/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
$37,200
20% conventional investment loan

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

Estimated Gross Rent+$893
Principal + Interest−$1,015
Property Tax (~2.1% TX avg)−$326
Insurance (~0.5%)−$78
Est. Monthly Cash Flow $-526

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 October 6, 2026.

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