About This Home

Welcome to this beautifully upgraded condo in a prime central location! This stunning home features a cozy fireplace, modern appliances, and stylish upgrades throughout that create both comfort and elegance. Enjoy a low tax rate while living close to shopping, dining, entertainment, and major highways for ultimate convenience. Whether you’re a first-time buyer, downsizing, or looking for an investment opportunity, this condo offers exceptional value and charm. Don’t miss the opportunity to own this move-in ready gem!

At $192/sqft, this home is 51% 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

1416 Bichon Bnd, Austin, TX 78748

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Property Details

Price $299,999

Status Active Listing

Beds 3

Full Baths 2

Half Baths 1

Living Area 1,565 sqft

Lot Size 0.09 acres (3,902.98 sqft)

Year Built 2017

Garage 1 spaces

Stories ,

Type Residential · Condominium

Subdivision Smithfield

County Travis

Zip Code 78748

$/sqft $192/sqft

Days on Market ,

HOA $400/Monthly

Annual Tax Est. $5,703.02

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT221188216

List Date March 4, 2026

Elementary School Menchaca

Middle School Paredes

High School Akins

School District ,

Have Questions About This Property?

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

1202 Newning Ave #311
Madrid $299,999 $271 2 bd / 1 ba 1,107 sqft , 2025-05-29

12287 Abbey Glen Ln #D-1
Victoria Glen Amd $299,999 $174 3 bd / 3 ba 1,722 sqft , 2026-05-02

15001 Custis Ln
Austin's Colony $299,999 $162 4 bd / 2 ba 1,857 sqft , 2026-07-01

6211 Manor Rd #107
Manor Twnhms $299,999 $253 2 bd / 2 ba 1,188 sqft , 2026-07-09

6024 Elfen Way
Woodlands Sec 03 The $299,999 $249 3 bd / 2 ba 1,203 sqft , 2026-07-27

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

$1,440/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

$60,000

20% conventional investment loan

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

Estimated Gross Rent+$1,440

Principal + Interest−$1,637

Property Tax (~2.1% TX avg)−$525

Insurance (~0.5%)−$125

Est. Monthly Cash Flow $-847

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

1416 Bichon Bnd

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Austin, TX

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