Active Listing  ·  155 days on market

1701 Simond Ave #302

Austin, TX 78723
$399,900
1 Bed 1 Bath 808 sqft $495/sqft Built 2023 0.01 acres 1-Car Garage Pool Parkside/Mueller Condos

Welcome to your never lived-in dream one-bedroom at Parkside Mueller, one of Austin’s hottest new condo communities. This unit comes with the popular warm-toned cabinets that give it a cozy, modern vibe. This open floor-plan comes with a spacious balcony for relaxing outside, and the washer, dryer, and fridge all convey to make move-in a breeze. Unit 302 is just steps from the elevator, so coming and going is super convenient. You’ll love the matching warm-toned cabinets in the large bathroom, complete with double vanities and a walk-in shower. The bedroom easily fits a king bed and includes a walk-in closet for extra storage. What sets Parkside apart are the amenities and location. You’re right in the heart of Mueller, steps from coffee shops, restaurants, and Mueller Lake Park. Downtown and East Austin are under 5 miles away. You're also close to hospitals and the airport. The amenities are stunning. You'll have access to a resort-style pool with cabanas/grills, a rooftop deck with city views, fitness center, and a lounging room with games to meet your neighbors and connect. If you're after comfort, style, and a prime location, Unit 302 at Parkside has it all.

At $495/sqft, this home is priced 27% 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 #302, Austin, TX 78723

Property Details

Price $399,900
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 $495/sqft
Days on Market ,
HOA $540/Monthly
Annual Tax Est. $9,094.15
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT221068294
List Date March 2, 2026
Elementary School Blanton
Middle School Lamar (Austin ISD)
High School Northeast Early College
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
2605 Enfield Rd #221
Enfield Twnhms
$399,900 $389 2 bd / 3 ba 1,028 sqft , 2026-04-21
5116 Heflin Ln #1
HEFLIN LANE CONDOMINIUMS
$399,900 $372 2 bd / 2 ba 1,076 sqft , 2026-05-29
2235 E 6th St #204
ESTE; Condominium
$399,999 $426 1 bd / 1 ba 940 sqft , 2026-03-23
105 E Walnut Dr
Dean Terrace
$400,000 $494 2 bd / 1 ba 810 sqft , 2025-11-18
1406 Windsor Rd #305
Windfield Condominiums
$400,000 $397 2 bd / 2 ba 1,007 sqft , 2025-04-30

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
$1,920/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
$79,980
20% conventional investment loan

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

Estimated Gross Rent+$1,920
Principal + Interest−$2,182
Property Tax (~2.1% TX avg)−$700
Insurance (~0.5%)−$167
Est. Monthly Cash Flow $-1,129

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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