Active Listing  ·  84 days on market

1701 Simond Ave #612

Austin, TX 78723
$399,000
1 Bed 1 Bath 870 sqft $459/sqft Built 2023 0.01 acres 1-Car Garage Pool Parkside/Mueller Condos

Rare top-floor opportunity in Parkside Mueller at 1701 Simond Ave — the largest 1BR/1BA floorplan in the building and one that rarely comes to market. Elevated views, exceptional natural light, and the quiet privacy only a top-floor unit offers. Move-in ready and meticulously maintained.

The open layout lives much larger than a typical one-bedroom, with room for a true work-from-home setup and a generous living area. The kitchen anchors the home with an oversized quartz waterfall island, walnut cabinetry, designer globe pendants, brushed-gold fixtures, and stainless-steel appliances. Wide-plank wood floors throughout. Private balcony, spacious bedroom with a walk-in closet, spa-style bath with a tiled tub-shower, and an in-unit full-size washer/dryer.

Mid-century modern finishes, onsite management, and community events. True walkability to parks, trails, pools, restaurants, and retail. A rare chance to own the top-floor flagship floorplan in sought-after Mueller.

At $459/sqft, this home is priced 17% 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 #612, Austin, TX 78723

Property Details

Price $399,000
Status Active Listing
Beds 1
Full Baths 1
Half Baths ,
Living Area 870 sqft
Lot Size 0.01 acres (300.56 sqft)
Year Built 2023
Garage 1 spaces
Stories ,
Type Residential · Condominium
Subdivision Parkside/Mueller Condos
County Travis
Zip Code 78723
$/sqft $459/sqft
Days on Market ,
HOA $581/Monthly
Annual Tax Est. $9,979.54
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT228718339
List Date May 12, 2026
Elementary School Blanton
Middle School Lamar (Austin ISD)
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
3110 Red River St #C-402
Sterling Crest Condo Am
$399,000 $421 2 bd / 2 ba 947 sqft , 2026-05-05
4704 Sunset Trl #1201
Grange Condominiums
$399,000 $372 2 bd / 2 ba 1,073 sqft , 2026-05-22
1900 Barton Springs Rd #5009
Zilkr on the Park Condos
$399,000 $450 1 bd / 1 ba 887 sqft , 2026-05-29
702 Castle Ridge Rd #C
Westlake Condo
$399,000 $349 2 bd / 2 ba 1,144 sqft , 2026-06-16
2827 Manor Rd #3104
Roseville on Manor
$399,000 $376 1 bd / 2 ba 1,062 sqft , 2026-06-18

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
$1,915/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
$79,800
20% conventional investment loan

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

Estimated Gross Rent+$1,915
Principal + Interest−$2,178
Property Tax (~2.1% TX avg)−$698
Insurance (~0.5%)−$166
Est. Monthly Cash Flow $-1,127

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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