About This Home

Parkside at Mueller is the newest mid-rise addition to the neighborhood, ideally located just 4 miles from Downtown Austin and the University of Texas. This 1-bedroom, 1-bathroom unit offers 808 sq ft of living space and features a Juliet balcony, creating a light and airy feel. The home also includes a full-size washer and dryer for added convenience. Residents of Parkside enjoy a wide range of amenities, including co-working spaces, a resort-style pool with cabanas and an outdoor kitchen, a fitness studio, a clubhouse, and a rooftop deck with views of Mueller Lake Park and the Austin skyline. Located in the heart of the vibrant Mueller community, you’ll also have easy access to nearby restaurants, shops, parks, and entertainment, offering the perfect blend of urban living and outdoor recreation.

At $452/sqft, this home is priced 16% above the Austin active market average of $391/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

1701 Simond Ave #208, Austin, TX 78723

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Property Details

Price $365,000

Status Active Listing

Beds 1

Full Baths 1

Half Baths ,

Living Area 808 sqft

Lot Size 0.01 acres (278.78 sqft)

Year Built 2023

Garage 1 spaces

Stories ,

Type Residential · Condominium

Subdivision Parkside/Mueller Condos

County Travis

Zip Code 78723

$/sqft $452/sqft

Days on Market ,

HOA $540/Monthly

Annual Tax Est. $9,094.15

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT237717953

List Date June 26, 2026

Elementary School Blanton

Middle School Lamar (Austin ISD)

High School Northeast Early College

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.

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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

2220 Webberville Rd #211
Axion East Condos $365,000 $482 1 bd / 1 ba 758 sqft , 2026-02-16

2529 Rio Grande St #56
Orange Tree Condominium $365,000 $403 2 bd / 1 ba 906 sqft , 2026-03-15

700 Nelray Blvd #101
Nelly Condominiums $365,000 $343 2 bd / 2 ba 1,063 sqft , 2026-06-03

1404 Southport Dr #A
1404 Southport Drive Condomini $365,000 $364 2 bd / 2 ba 1,004 sqft , 2026-07-31

1701 Simond Ave #226
Parkside/Mueller Condos $364,500 $562 1 bd / 1 ba 649 sqft , 2026-06-14

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 →

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

1701 Simond Ave #208