About This Home

Spacious corner unit with a upstairs living area, primary bedroom down, lots of natural lighting, window seats, pop-up ceilings and large WIC. Loads of space with a welcoming, bright, and airy floor plan in a conveniently located modern neighborhood.*fridge, w/d convey*

At $176/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

1600 Airedale Rd #2601, Austin, TX 78748

Open in Google Maps ↗ Get Directions ↗

Property Details

Price $309,000

Status Active Listing

Beds 3

Full Baths 2

Half Baths 1

Living Area 1,753 sqft

Lot Size 0.09 acres (3,955.25 sqft)

Year Built 2017

Garage 1 spaces

Stories ,

Type Residential · Condominium

Subdivision Smithfield Condos Bldg 26

County Travis

Zip Code 78748

$/sqft $176/sqft

Days on Market ,

HOA $275/Monthly

Annual Tax Est. $7,221.7

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT232300099

List Date June 5, 2026

Elementary School Baranoff

Middle School Bailey

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 →

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 · June 5, 2026 $319,000

Previous ask $314,000

Current ask $309,000

▼ Reduced $10,000 (-3.1%) 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

6913 Shannon Dr
COLONY PARK SEC 1 PHS 4 A $309,000 $203 3 bd / 1 ba 1,524 sqft , 2026-07-10

8404 Maine Dr
Colony North Sec 02 $309,000 $250 4 bd / 1 ba 1,235 sqft , 2026-08-03

4703 Dorchester Heights Ln
Colonial Place Amd $309,900 $165 3 bd / 2 ba 1,877 sqft , 2026-04-18

10600 N Platt River Dr
Texas Oaks Sec 09 $309,900 $258 3 bd / 2 ba 1,203 sqft , 2026-04-19

11815 Lochridge Dr #A
Quail Hollow Sec 07 $309,900 $269 3 bd / 2 ba 1,150 sqft , 2026-05-06

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

$1,483/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

$61,800

20% conventional investment loan

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

Estimated Gross Rent+$1,483

Principal + Interest−$1,686

Property Tax (~2.1% TX avg)−$541

Insurance (~0.5%)−$129

Est. Monthly Cash Flow $-873

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

1600 Airedale Rd #2601