Active Listing  ·  51 days on market

1701 Simond Ave #226

Austin, TX 78723
$364,500
1 Bed 1 Bath 649 sqft $562/sqft Built 2023 0.01 acres 1-Car Garage Pool Parkside/Mueller Condos

Currently the Only 1 Bed Unit available on Aldrich Street side with views of downtown Austin skyline and Mueller Lake Park from your own Double length Balcony. Stylish and thoughtfully designed unit offering 649 square feet of modern living in the Heart of Mueller with a Chef-inspired kitchen, elegant quartz countertops, and a full Samsung appliance package including Washer and Dryer. The open-concept floor plan gives a 1 bed unit a very comfortable feel.

Spacious Bedroom with a generous sized closet. Oversized bathroom with ample cabinet space and quartz countertops. Dedicated Non EV Parking Space in Gated/Secure Garage.

Residents of Parkside enjoy an exceptional collection of resort-style amenities, including a state-of-the-art fitness center with Peloton bikes, a resident clubhouse, sparkling pool, outdoor kitchen, and a rooftop terrace with breathtaking views of Mueller Lake and the downtown skyline.

Ideally located just steps from scenic trails, parks, Mueller Lake, popular restaurants, shopping, and the lively Aldrich Street District.

Experience one of Austin's most sought-after neighborhoods and enjoy low-maintenance living with unmatched convenience, amenities, and views. Schedule your Showing Today!

At $562/sqft, this home is priced 44% 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 #226, Austin, TX 78723

Property Details

Price $364,500
Status Active Listing
Beds 1
Full Baths 1
Half Baths ,
Living Area 649 sqft
Lot Size 0.01 acres (226.51 sqft)
Year Built 2023
Garage 1 spaces
Stories ,
Type Residential · Condominium
Subdivision Parkside/Mueller Condos
County Travis
Zip Code 78723
$/sqft $562/sqft
Days on Market ,
HOA $445/Monthly
Annual Tax Est. $7,266.02
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT235504653
List Date June 14, 2026
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.

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
2220 Webberville Rd #211
Axion East Condos
$365,000 $482 1 bd / 1 ba 758 sqft , 2026-02-16
1701 Simond Ave #208
Parkside/Mueller Condos
$365,000 $452 1 bd / 1 ba 808 sqft , 2026-06-26
300 Bowie St #902
Spring condominiums
$367,650 $651 1 bd / 1 ba 565 sqft , 2026-04-26
2124 E 6th St #305
Twentyone24 Condo Amd
$360,000 $433 1 bd / 1 ba 832 sqft , 2026-04-08
4004 Banister Ln #309
MESA Condominiums
$360,000 $533 1 bd / 1 ba 675 sqft , 2026-05-26

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
$1,750/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
$72,900
20% conventional investment loan

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

Estimated Gross Rent+$1,750
Principal + Interest−$1,989
Property Tax (~2.1% TX avg)−$638
Insurance (~0.5%)−$152
Est. Monthly Cash Flow $-1,029

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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