About This Home

Live in the heart of Mueller at Parkside, one of East Austin’s most sought-after communities. Just steps from Mueller Lake Park, enjoy easy walkability to trails, green spaces, H-E-B, the Thinkery, Alamo Drafthouse, and popular dining and retail.

This corner-unit C1 floorplan features 3 bedrooms, 2 bathrooms, and 1,352 sqft with beautiful lake views. The home offers modern cabinetry, quartz countertops, tile backsplash, and stainless-steel appliances.

Community amenities include co-working spaces, a resort-style pool with outdoor kitchen and cabanas, a cardio studio, clubhouse, and a rooftop deck overlooking Mueller Lake Park.

At $554/sqft, this home is priced 42% 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 #327, Austin, TX 78723

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Property Details

Price $749,000

Status Active Listing

Beds 3

Full Baths 2

Half Baths ,

Living Area 1,352 sqft

Lot Size 0.01 acres (470.45 sqft)

Year Built 2023

Garage ,

Stories ,

Type Residential · Condominium

Subdivision Parkside/Mueller Condos

County Travis

Zip Code 78723

$/sqft $554/sqft

Days on Market ,

HOA $927.87/Monthly

Annual Tax Est. $13,221.5

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT228087666

List Date June 29, 2026

Elementary School Maplewood

Middle School Kealing

High School McCallum

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.

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

907 E 53rd St
Ridgetop $749,000 $442 4 bd / 3 ba 1,693 sqft , 2025-12-11

2605 S 2nd St #2
2605 South 2nd Street Condominiums $749,000 $580 3 bd / 4 ba 1,292 sqft , 2026-06-25

1908 Holly St
Driving Park Add $749,000 $489 2 bd / 2 ba 1,531 sqft , 2026-06-27

4616 Sinclair Ave
Rosedale G $749,000 $659 2 bd / 1 ba 1,137 sqft , 2026-07-01

4710 Frontier Trl
Western Trails Sec 01 $748,500 $449 3 bd / 2 ba 1,668 sqft , 2026-04-24

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

$3,595/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

$149,800

20% conventional investment loan

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

Estimated Gross Rent+$3,595

Principal + Interest−$4,088

Property Tax (~2.1% TX avg)−$1,311

Insurance (~0.5%)−$312

Est. Monthly Cash Flow $-2,116

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 #327