Active Listing  ·  120 days on market

1615 Airedale Rd

Austin, TX 78748
$295,000
3 Bed 3 Bath 1,753 sqft $168/sqft Built 2018 0.09 acres 1-Car Garage Pool Smithfield Condos Bldg 15

A sweet and cozy 3 bedroom, 2.5 bath townhouse in the desirable Smithfield neighborhood featuring a bonus room perfect for a home office, playroom, or epic closet. The open concept kitchen, dining, and living area offers an inviting layout highlighted by two-story vaulted ceilings in the living room, creating a bright and airy atmosphere.

The main floor owner's suite includes a walk-in closet and a comfortable window seat, providing a private retreat. Upstairs, you will find two generously sized bedrooms, a full bathroom, and an additional office or flexible living space.

This home offers exceptional convenience with two laundry hookup options, including a stacked setup in the downstairs closet or a side-by-side setup in the upstairs utility room. The one-car garage includes built-in storage shelves for added organization. The fenced backyard provides privacy from the road and a great space for outdoor enjoyment.

Recent improvements include carpet and pad replacement in 2024, an extended concrete patio in 2021, a new dishwasher in 2025, and remote-controlled bamboo blinds installed in 2023. The refrigerator, washer, and dryer all convey with the property, making this a move-in-ready opportunity.

Located at 1615 Airedale in the Smithfield I neighborhood, this home offers comfort, functionality, and thoughtful updates in a convenient and desirable location.

At $168/sqft, this home is 57% 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

1615 Airedale Rd, Austin, TX 78748

Property Details

Price $295,000
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 2018
Garage 1 spaces
Stories ,
Type Residential · Condominium
Subdivision Smithfield Condos Bldg 15
County Travis
Zip Code 78748
$/sqft $168/sqft
Days on Market ,
HOA $275/Monthly
Annual Tax Est. $6,412.54
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT226128431
List Date April 16, 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.

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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
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
1600 Airedale Rd #2601
Smithfield Condos Bldg 26
$309,000 $176 3 bd / 3 ba 1,753 sqft , 2026-06-05
11433 Lost Maples Trl
Ravenscroft Twnhms Amd
$280,000 $146 3 bd / 3 ba 1,922 sqft , 2026-01-16
1407 Airedale Rd #1104
Smithfield Condos Bldg 11
$280,000 $161 3 bd / 3 ba 1,739 sqft , 2026-07-23

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
$1,416/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
$59,000
20% conventional investment loan

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

Estimated Gross Rent+$1,416
Principal + Interest−$1,610
Property Tax (~2.1% TX avg)−$516
Insurance (~0.5%)−$123
Est. Monthly Cash Flow $-833

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 June 20, 2026.

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