Active Listing  ·  3 days on market

1615 Spyglass Dr #1

Austin, TX 78746
$1,175,000
3 Bed 3 Bath 2,129 sqft $552/sqft Built 1983 0.14 acres 2-Car Garage Pool Park 10 Condo Amd

Park Ten Condos | Barton Creek Greenbelt | Eanes ISD

Tucked into a boutique ten-unit enclave at the Spyglass greenbelt trailhead, this rare end-unit pairs an extraordinary setting with an interior that lives like a luxury designer home. Black Bird Grocers and Taco Deli are practically across the street, the Barton Creek Greenbelt leads to Barton Springs and Lady Bird Lake, and Downtown is almost at your doorstep.

Inside, rich wood floors and soft toned walls frame a sculptural wood-burning fireplace with custom circular fireplace surround, flanked by premium doors opening to the greenbelt-facing deck. Walls of windows turn the dining room into a nature-watching perch. The showpiece kitchen centers on a curved island with bar seating, granite counters, custom Shaker cabinetry, stainless appliances and a wet bar or cafe station.

A comfortable living area opens off the kitchen and breakfast area serving as the perfect spot to unwind and catch a movie. The main level also offers a guest suite with walk-in closet and full bath. Upstairs, the primary retreat opens to a private treetop deck and features an oversized walk-in closet with washer and dryer, plus a spa-inspired bath with frameless glass shower, dual vanity and expansive dressing table. A third bedroom with an ensuite bath flexes as a home office or space for family or guests.

Outside, the shared fenced backyard feels like a spacious park beneath towering shade trees, with two tiers of decks overlooking the woods. A second stairway leads directly to the community pool, so tranquil it feels like your own retreat.

Top-rated Eanes schools include Cedar Creek Elementary, Hill Country Middle and Westlake High. HOA includes water, sewer, trash, common-area and pool maintenance.

Rarely does a property combine this level of tailored design with this setting. Come experience it in person and see why this one deserves a closer look.

At $552/sqft, this home is priced 41% above the Austin active market average of $392/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

1615 Spyglass Dr #1, Austin, TX 78746

Property Details

Price $1,175,000
Status Active Listing
Beds 3
Full Baths 3
Half Baths ,
Living Area 2,129 sqft
Lot Size 0.14 acres (5,884.96 sqft)
Year Built 1983
Garage 2 spaces
Stories ,
Type Residential · Condominium
Subdivision Park 10 Condo Amd
County Travis
Zip Code 78746
$/sqft $552/sqft
Days on Market ,
HOA $800/Monthly
Annual Tax Est. $12,749.56
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT247577562
List Date October 5, 2026
Elementary School Cedar Creek (Eanes ISD)
Middle School Hill Country
High School Westlake
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
2501 Del Curto Rd
Delcrest Add Sec 02
$1,145,000 $523 3 bd / 2 ba 2,188 sqft , 2026-10-05
1615 Spyglass Dr #4
Park 10 Condo Amd
$1,120,000 $500 3 bd / 3 ba 2,241 sqft , 2026-05-27
2504 Wildgrove Dr
Barton Terrace Sec 03
$1,250,000 $688 3 bd / 2 ba 1,816 sqft , 2024-11-25
1303 Azie Morton Rd #10
Zilker Terrace Condo
$1,290,000 $624 4 bd / 3 ba 2,068 sqft , 2026-07-15
2410 Elmglen Dr
Barton Hills Sec 01
$1,300,000 $847 4 bd / 3 ba 1,534 sqft , 2026-03-28

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
$5,640/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
$235,000
20% conventional investment loan

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

Estimated Gross Rent+$5,640
Principal + Interest−$6,412
Property Tax (~2.1% TX avg)−$2,056
Insurance (~0.5%)−$490
Est. Monthly Cash Flow $-3,318

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 October 7, 2026.

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