Active Listing  ·  22 days on market

1407 Airedale Rd #1104

Austin, TX 78748
$280,000
3 Bed 3 Bath 1,739 sqft $161/sqft Built 2018 0.09 acres 1-Car Garage Pool Smithfield Condos Bldg 11

Welcome to 1407 Ardale, a beautifully designed three bedroom, two and a half bathroom condo in one of South Austin's most convenient locations. Offering an open floor plan with two spacious living areas, this home provides the flexibility today's buyers are looking for. The private fenced backyard is perfect for relaxing, entertaining, or giving pets room to play, while the rare setting with no neighbors to the right adds an extra sense of privacy. A two car attached garage provides plenty of parking and storage.

Located just minutes from South Menchaca, you'll enjoy easy access to some of Austin's best local restaurants, breweries, coffee shops, live music venues, and parks, with quick access to downtown, Mopac, and SH 45. The area is served by highly regarded schools, making it an excellent option for a variety of buyers.

Priced aggressively to stand out in today's market, this property presents an outstanding opportunity for both owner occupants and investors alike. Whether you're looking for your next home or a smart addition to your investment portfolio, this is a value that's hard to beat.

At $161/sqft, this home is 59% 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

1407 Airedale Rd #1104, Austin, TX 78748

Property Details

Price $280,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,739 sqft
Lot Size 0.09 acres (3,955.25 sqft)
Year Built 2018
Garage 1 spaces
Stories ,
Type Residential · Condominium
Subdivision Smithfield Condos Bldg 11
County Travis
Zip Code 78748
$/sqft $161/sqft
Days on Market ,
HOA $275/Monthly
Annual Tax Est. $7,444.19
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT241004882
List Date July 23, 2026
Elementary School Baranoff
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
11433 Lost Maples Trl
Ravenscroft Twnhms Amd
$280,000 $146 3 bd / 3 ba 1,922 sqft , 2026-01-16
10341 Garbacz Dr
Saddlewood Estates Sec 03
$279,900 $167 4 bd / 3 ba 1,680 sqft , 2026-07-30
1615 Airedale Rd
Smithfield Condos Bldg 15
$295,000 $168 3 bd / 3 ba 1,753 sqft , 2026-04-16
11803 Bracco Dr
Smithfield
$299,000 $200 3 bd / 3 ba 1,493 sqft , 2026-06-25
1416 Bichon Bnd
Smithfield
$299,999 $192 3 bd / 3 ba 1,565 sqft , 2026-03-04

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
$1,344/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
$56,000
20% conventional investment loan

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

Estimated Gross Rent+$1,344
Principal + Interest−$1,528
Property Tax (~2.1% TX avg)−$490
Insurance (~0.5%)−$117
Est. Monthly Cash Flow $-791

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 July 24, 2026.

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