Active Listing  ·  199 days on market

1200 E 52nd St #204

Austin, TX 78723
$180,500
1 Bed 1 Bath 575 sqft $314/sqft Built 1969 0.99 acres Pool 52 MUELLER CONDOMINIUMS

Updated 1-bedroom, 1-bath condo at 52 Mueller, near Austin's Mueller development. The interior has been refreshed throughout: quartz countertops, white shaker cabinetry with soft-close drawers, stainless steel appliances, and new flooring in the main living areas. The single-bedroom layout keeps the living space open and easy to furnish, and the unit comes with one reserved parking space. Location is the story here. Mueller Lake Park and the weekly Mueller Farmers' Market are nearby. The Mueller Retail Center is minutes away with grocery, coffee, casual dining, and a movie theater. I-35 access puts downtown Austin, the UT campus, and the medical district within a straightforward commute. HOA dues cover water, gas, sewer, trash and common maintenance, which keeps monthly costs predictable and maintenance off the owner's plate. Short-term rental use may be permitted under HOA rules; buyer to verify current status directly with the HOA and City of Austin STR licensing requirements.

Contact listing agent for more information!

At $314/sqft, this home is 20% 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

1200 E 52nd St #204, Austin, TX 78723

Property Details

Price $180,500
Status Active Listing
Beds 1
Full Baths 1
Half Baths ,
Living Area 575 sqft
Lot Size 0.99 acres (43,255.08 sqft)
Year Built 1969
Garage ,
Stories ,
Type Residential · Condominium
Subdivision 52 MUELLER CONDOMINIUMS
County Travis
Zip Code 78723
$/sqft $314/sqft
Days on Market ,
HOA $225/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT217548533
List Date January 27, 2026
Elementary School Blanton
Middle School Lamar (Austin ISD)
High School Northeast 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.

Schedule a Call →

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 · January 27, 2026 $181,000
Current ask $180,500
Reduced $500 (-0.3%) 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
923 E 41st St #101
Dure Len C
$179,900 $400 1 bd / 1 ba 450 sqft , 2026-05-05
909 Reinli St #221
Verandas At Uptown Condo
$184,000 $316 1 bd / 1 ba 582 sqft , 2026-05-08
5820 Berkman Dr #120
Verandas On Berkman Condominiums
$170,000 $269 1 bd / 1 ba 633 sqft , 2026-06-13
909 Reinli St #240
Verandas at Uptown
$156,400 $258 1 bd / 1 ba 607 sqft , 2026-05-30
909 Reinli St #232
Verandas At Uptown Condo
$149,900 $258 1 bd / 1 ba 582 sqft , 2026-04-09

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
$866/mo
0.48% rule · conservative Austin est.
Gross Yield
5.76%
Annual rent ÷ purchase price
Cap Rate (est.)
3.45%
NOI after 40% vacancy + expenses
Down Payment
$36,100
20% conventional investment loan

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

Estimated Gross Rent+$866
Principal + Interest−$985
Property Tax (~2.1% TX avg)−$316
Insurance (~0.5%)−$75
Est. Monthly Cash Flow $-510

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 →

Neighborhood Context

About Mueller

Mueller was built on the site of Austin's old Robert Mueller Municipal Airport, which closed in 1999. What replaced it is one of the most thoughtfully planned urban neighborhoods in Texas - a mix of single-family homes, townhomes, condos, and apartments built around parks, trails, and walkable retail.

The neighborhood is anchored by Mueller Lake Park, a 30-acre park and pond at its center, and the Mueller Farmers' Market (one of Austin's best) runs every Sunday. Aldrich Street - Mueller's main commercial strip - has restaurants, coffee shops, and retail that serve the neighborhood without overwhelming it.

🌿
Mueller Lake Park

30-acre park with a pond, walking trails, splash pad, and dog park at the center of the neighborhood. Feels like a central park for the community.

🛒
Sunday Farmers Market

One of Austin's most attended farmers markets runs every Sunday year-round on Aldrich Street. A true neighborhood institution.

🏗️
Built Green

Mueller has one of the highest concentrations of green-certified homes in Austin. Many homes feature solar panels, rainwater collection, and energy-efficient construction.

🚲
Trail Network

Extensive internal trail system connects the neighborhood, plus connections to the larger Austin trail network. Cycling and walking are genuinely practical here.

Full Mueller Guide →

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 1, 2026.

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