Active Listing  ·  354 days on market

1701 Simond Ave #206

Austin, TX 78723
$525,000
2 Bed 2 Bath 1,162 sqft $452/sqft Built 2023 0.01 acres 2-Car Garage Pool Parkside/Mueller Condos

*SELLER WILL PAY THE FIRST 6 MONTHS OF THE BUYERS' HOA FEES*

Chic Condo Living in Parkside at Mueller. Welcome to 1701 Simond Ave #206, a bright and spacious 2-bedroom, 2-bath condo in the heart of the vibrant Mueller neighborhood. This contemporary unit features an open floor plan with large windows that flood the space with natural light, creating a welcoming atmosphere. The kitchen, dining, and living areas flow seamlessly, perfect for entertaining or relaxing. 2 reserved parking garage spaces are available with this unit. Parkside at Mueller offers an impressive suite of amenities, including a resort-style pool with cabanas, an outdoor kitchen and grill, and a fitness center with a turfed outdoor workout space. Residents can also enjoy a lounge area for social events, a conference room for meetings or remote work, and a rooftop lounge with stunning city skyline views. Located in the Mueller neighborhood, you'll have easy access to an array of restaurants, bars, coffee shops, health clubs, and hike-and-bike trails. Catch a movie at the Alamo Drafthouse, and don’t miss the popular Mueller Farmers Market every Sunday.

At $452/sqft, this home is priced 15% 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

1701 Simond Ave #206, Austin, TX 78723

Property Details

Price $525,000
Status Active Listing
Beds 2
Full Baths 2
Half Baths ,
Living Area 1,162 sqft
Lot Size 0.01 acres (405.11 sqft)
Year Built 2023
Garage 2 spaces
Stories ,
Type Residential · Condominium
Subdivision Parkside/Mueller Condos
County Travis
Zip Code 78723
$/sqft $452/sqft
Days on Market ,
HOA $754/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT208311741
List Date October 3, 2025
Elementary School Maplewood
Middle School Kealing
High School McCallum
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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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 · October 3, 2025 $599,000
Previous ask $550,000
Current ask $525,000
Reduced $74,000 (-12.4%) 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
1931 E 38th 1/2 St #32
Avion Park Condos Bldg 3
$525,000 $379 2 bd / 3 ba 1,385 sqft , 2026-06-05
4800 Evans Ave #A
Patterson Heights
$515,000 $455 2 bd / 1 ba 1,132 sqft , 2026-09-04
939 E 52nd St #2
Ridgetop
$540,000 $475 2 bd / 3 ba 1,138 sqft , 2026-07-09
1701 Simond Ave #407
Parkside/Mueller Condos
$540,000 $465 2 bd / 2 ba 1,162 sqft , 2026-09-17
1701 Simond Ave #639
Parkside/Mueller Condos
$545,000 $500 2 bd / 2 ba 1,091 sqft , 2026-02-28

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
$2,520/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
$105,000
20% conventional investment loan

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

Estimated Gross Rent+$2,520
Principal + Interest−$2,865
Property Tax (~2.1% TX avg)−$919
Insurance (~0.5%)−$219
Est. Monthly Cash Flow $-1,483

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 →

Neighborhood Context

About Mueller

Mueller was built on the site of Austin's old Robert Mueller Municipal Airport, which closed in 1999. What replaced it is one of the most thoughtfully planned urban neighborhoods in Texas - a mix of single-family homes, townhomes, condos, and apartments built around parks, trails, and walkable retail.

The neighborhood is anchored by Mueller Lake Park, a 30-acre park and pond at its center, and the Mueller Farmers' Market (one of Austin's best) runs every Sunday. Aldrich Street - Mueller's main commercial strip - has restaurants, coffee shops, and retail that serve the neighborhood without overwhelming it.

🌿
Mueller Lake Park

30-acre park with a pond, walking trails, splash pad, and dog park at the center of the neighborhood. Feels like a central park for the community.

🛒
Sunday Farmers Market

One of Austin's most attended farmers markets runs every Sunday year-round on Aldrich Street. A true neighborhood institution.

🏗️
Built Green

Mueller has one of the highest concentrations of green-certified homes in Austin. Many homes feature solar panels, rainwater collection, and energy-efficient construction.

🚲
Trail Network

Extensive internal trail system connects the neighborhood, plus connections to the larger Austin trail network. Cycling and walking are genuinely practical here.

Full Mueller Guide →

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 30, 2026.

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