Active Listing  ·  90 days on market

1701 Simond Ave #615

Austin, TX 78723
$359,950
1 Bed 1 Bath 614 sqft $586/sqft Built 2023 1-Car Garage Pool Muller

Modern living with all the walkability, restaurants ( VERDAD True Mexican modern, Dish Society, Kerbey Lane cafe, Veracruz Fonda bar and more) coffee shops( Merit coffee, Terrible Love Bottega and more ) , and neighborhood energy that make Mueller one of Austin's most loved communities. This stylish fully furnished 1 bedroom condo blends clean lines, polished finishes, and an easy lock and leave lifestyle with a layout that feels effortlessly elevated.

Located across from Mueller Lake Park , you're steps from trails, green space, shopping, dining, and everyday convenience. Building amenities include a community pool, fitness center, clubhouse, plus the ease of a parking garage. Low maintenance , high style, and right in the middle of the action-this is Mueller living done right.

At $586/sqft, this home is priced 50% 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 #615, Austin, TX 78723

Property Details

Price $359,950
Status Active Listing
Beds 1
Full Baths 1
Half Baths ,
Living Area 614 sqft
Lot Size ,
Year Built 2023
Garage 1 spaces
Stories ,
Type Residential · Condominium
Subdivision Muller
County Travis
Zip Code 78723
$/sqft $586/sqft
Days on Market ,
HOA $437/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT227133390
List Date May 6, 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
4004 Banister Ln #309
MESA Condominiums
$360,000 $533 1 bd / 1 ba 675 sqft , 2026-05-26
715 22 1/2 St #101
Georgian Condo
$360,000 $450 2 bd / 2 ba 800 sqft , 2026-06-04
2519 E 4th St #2
M. E. CHERNOSKY SUBD
$359,000 $748 1 bd / 1 ba 480 sqft , 2026-06-23
54 Rainey St #415
Milago Condo Amd
$359,000 $475 1 bd / 1 ba 756 sqft , 2026-06-01
1701 Simond Ave #516
Parkside/Mueller Condos
$355,950 $580 1 bd / 1 ba 614 sqft , 2026-07-31

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
$1,728/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
$71,990
20% conventional investment loan

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

Estimated Gross Rent+$1,728
Principal + Interest−$1,964
Property Tax (~2.1% TX avg)−$630
Insurance (~0.5%)−$150
Est. Monthly Cash Flow $-1,016

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 →

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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