Active Listing  ·  157 days on market

1701 Simond Ave #639

Austin, TX 78723
$545,000
2 Bed 2 Bath 1,091 sqft $500/sqft Built 2024 0.01 acres 2-Car Garage Pool New Construction Parkside/Mueller Condos

Rare top-floor residence with premium upgrades, resort-style amenities, and unmatched Mueller walkability. Unit 639 offers one of the most desirable positions in the building with peaceful pool and courtyard views, abundant natural light, and the privacy that only a top-floor residence can provide with no one above you and direct access to your parking spot conveniently outside the 1A elevators.

Inside, the open-concept floor plan is elevated with custom interior paint, motorized blinds, designer pendant lighting, under-cabinet lighting, recessed lighting throughout, soft-close cabinetry, quartz and stone countertops, custom storage solutions, and smart home technology that allows you to control lighting with Alexa. The kitchen was designed for someone who truly loves to cook and entertain, featuring a built-in KitchenAid mixer cabinet, instant hot water, advanced water filtration, and Samsung appliances that convey with the home.

Whether you're working remotely from the community coworking lounge, spending afternoons by the resort-style pool, taking your Peloton class downstairs, meeting friends for dinner on Aldrich Street, or biking around Mueller Lake Park, your car becomes optional instead of essential. Walk to H-E-B, local coffee shops, Alamo Drafthouse, restaurants, parks, trails, and one of Austin's most beloved weekly farmers markets—all just minutes from your front door

The home also includes two reserved covered parking spaces including a dedicated EV charging station. Combined with gated access, onsite management, bike storage, rooftop terrace, outdoor kitchen, fitness center, and lock-and-leave convenience, this home is ideal for anyone wanting luxury living without sacrificing location

If you've been searching for a luxury condo in Mueller, a top-floor condo in Austin, a walkable Austin neighborhood, or a place near downtown Austin this unit delivers one of the best lifestyles Central Austin has to offer.

At $500/sqft, this home is priced 28% 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 #639, Austin, TX 78723

Property Details

Price $545,000
Status Active Listing
Beds 2
Full Baths 2
Half Baths ,
Living Area 1,091 sqft
Lot Size 0.01 acres (378.97 sqft)
Year Built 2024
Garage 2 spaces
Stories ,
Type Residential · Condominium
Subdivision Parkside/Mueller Condos
County Travis
Zip Code 78723
$/sqft $500/sqft
Days on Market ,
HOA $754/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT220640014
List Date February 28, 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
800 Embassy Dr #236
Tyndall
$545,000 $423 2 bd / 2 ba 1,289 sqft , 2026-05-18
1609 Larkwood Dr
Delwood 04 Sec B
$545,000 $446 3 bd / 1 ba 1,222 sqft , 2026-07-11
5102 Martin Ave #2
North Loop
$545,000 $582 2 bd / 2 ba 936 sqft , 2026-07-17
5304 Basswood Ln
Windsor Park Hills Sec 07
$545,000 $374 3 bd / 2 ba 1,457 sqft , 2026-07-24
15101 DEXLER Dr
Cardinal Hills Estates Unit 12
$549,000 $439 1 bd / 2 ba 1,250 sqft , 2025-09-25

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
$2,616/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
$109,000
20% conventional investment loan

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

Estimated Gross Rent+$2,616
Principal + Interest−$2,974
Property Tax (~2.1% TX avg)−$954
Insurance (~0.5%)−$227
Est. Monthly Cash Flow $-1,539

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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