Active Listing  ·  6 days on market

1606 Yoakum St #254

Austin, TX 78748
$365,000
3 Bed 3 Bath 1,714 sqft $213/sqft Built 2007 0.22 acres 2-Car Garage Pool Sweetwater Glen Condo Amd

Discover an exceptional lifestyle in this captivating Austin residence. This remarkable property offers generous living spaces across two thoughtfully designed stories, featuring high ceilings and an open floor plan. The 0.22-acre treed lot offers the perfect setting for outdoor activities and relaxation. Experience the unique charm of this Austin gem, providing an unparalleled opportunity to enjoy the vibrant energy of South Austin while maintaining the peace of your own space. The neighborhood combines convenience and community, making it ideal for a balanced lifestyle. It includes walking trails, a pavilion, a playground, a park, and more! Located off Menchaca Rd, you'll have access to favorite local restaurants and bars, with easy routes to downtown and grocery stores.

At $213/sqft, this home is 45% 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

1606 Yoakum St #254, Austin, TX 78748

Property Details

Price $365,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,714 sqft
Lot Size 0.22 acres (9,735.66 sqft)
Year Built 2007
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Sweetwater Glen Condo Amd
County Travis
Zip Code 78748
$/sqft $213/sqft
Days on Market ,
HOA $68/Monthly
Annual Tax Est. $7,692.74
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT242713949
List Date August 8, 2026
Elementary School Kocurek
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
2656 Piping Rock Trl
Tanglewood Forest Sec 02 Ph C
$365,000 $284 3 bd / 3 ba 1,284 sqft , 2026-06-01
11313 Pardoners Tale Ln
Canterbury Trails Sec 05
$364,999 $257 3 bd / 3 ba 1,422 sqft , 2026-05-21
1015 Boatswain Way #184
Searight Vlg Condos
$369,000 $225 3 bd / 3 ba 1,637 sqft , 2026-07-14
1404 Sir Thopas Trl
Canterbury Trails Sec 05
$355,000 $279 3 bd / 2 ba 1,271 sqft , 2026-04-10
10409 Abana Way
Encore at Drew Lane
$375,000 $228 3 bd / 3 ba 1,642 sqft , 2026-08-07

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
$1,752/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
$73,000
20% conventional investment loan

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

Estimated Gross Rent+$1,752
Principal + Interest−$1,992
Property Tax (~2.1% TX avg)−$639
Insurance (~0.5%)−$152
Est. Monthly Cash Flow $-1,031

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 August 10, 2026.

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