Active Listing  ·  103 days on market

1701 Simond Ave #304

Austin, TX 78723
$550,000
2 Bed 2 Bath 1,162 sqft $473/sqft Built 2023 0.01 acres 2-Car Garage Pool New Construction Parkside/Mueller Condos

Discover a beautifully updated two bedroom, two bathroom residence in Parkside at Mueller offering comfort, style, and an easy lock and leave lifestyle in one of Austin’s most walkable neighborhoods. Warm designer finishes, under cabinet lighting, upgraded pendant fixtures, and a welcoming color palette create an inviting atmosphere throughout the open living space.

The kitchen blends function and elegance with upgraded cabinetry, a built in pantry drawer, and a hidden KitchenAid mixer stand. The spacious primary suite features a custom walk in closet system, while the secondary bedroom includes built in storage that works well for guests or a home office. Additional enhancements include expanded cabinetry in the laundry room and thoughtful designer accent walls that elevate the home’s overall aesthetic.

A rare highlight of this unit is its street facing orientation, which provides added privacy and a more residential feel. Two assigned parking spaces are conveniently located on the same level as the home, offering effortless access without the need for an elevator.

Residents enjoy access to resort style amenities including a sparkling pool with cabanas, an updated fitness center, a clubhouse, grilling stations, and secure building entry. Just across the street, Mueller Lake Park offers miles of trails, open green space, and a popular weekly farmers market. The home is also moments from HEB, Alamo Drafthouse, local restaurants, coffee shops, and vibrant retail.

Unit 304 offers an ideal combination of convenience, comfort, and modern design in the heart of one of Austin’s most sought after communities.

At $473/sqft, this home is priced 21% 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 #304, Austin, TX 78723

Property Details

Price $550,000
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 $473/sqft
Days on Market ,
HOA $754/Monthly
Annual Tax Est. $12,848.26
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT220905720
List Date April 23, 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
8414 Bowling Green Dr #3
SHAMROCK AVENUE CONDOMINIUMS
$550,000 $354 3 bd / 3 ba 1,555 sqft , 2026-02-13
1702 S Lamar Blvd #12
Sage Condo
$550,000 $362 2 bd / 3 ba 1,521 sqft , 2026-03-15
311 W 5th St #704
Plaza Lofts Condo Amd
$550,000 $468 1 bd / 1 ba 1,176 sqft , 2026-02-05
800 Embassy Dr #337
Tyndall at Robertson Hill Condominiums
$550,000 $409 2 bd / 2 ba 1,344 sqft , 2025-09-11
4120 Valley View Rd #B
4120 Valley View Condo
$550,000 $397 2 bd / 3 ba 1,385 sqft , 2026-05-28

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
$2,640/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
$110,000
20% conventional investment loan

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

Estimated Gross Rent+$2,640
Principal + Interest−$3,002
Property Tax (~2.1% TX avg)−$963
Insurance (~0.5%)−$229
Est. Monthly Cash Flow $-1,554

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

More Luxury Homes in Austin

Loading…
View All Luxury Homes →