Active Listing  ·  173 days on market

1741 Spyglass Dr #2-104

Austin, TX 78746
$389,000
2 Bed 2 Bath 938 sqft $415/sqft Built 1993 0.07 acres Pool One Barton Place Condo

Walk to the Greenbelt in the heart of Central Austin! This one-story condo at ground level has two bedrooms, two full baths, and backs to the Spyglass Trailhead at Barton Creek. Located in Eanes ISD, the unit is fully equipped with built-in bookshelves, wet bar, fireplace, a tranquil balcony and washer/dryer combination conveyed with sale. Pet friendly complex! This gated, tree-lined community features google fiber, an onsite pool and hot tub and includes 1 reserved carport space with ample visitor parking. Set against the stunning backdrop of the Barton Creek Greenbelt, with sweeping views of downtown and Zilker Park, this home offers both tranquility and convenience. A cozy double-sided fireplace anchors the living area and the primary suite, adding warmth and charm. The kitchen features composite stone countertops, abundant pantry storage, and a greenhouse window for growing herbs. HOA covers water, wastewater, trash, and exterior maintenance. You're just steps from Metro bus stops and a quick hop to downtown, Zilker Park, and South Lamar. Don't miss this treasure in an unbeatable location!

At $415/sqft, this home is priced 6% above the Austin active market average of $392/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

1741 Spyglass Dr #2-104, Austin, TX 78746

Property Details

Price $389,000
Status Active Listing
Beds 2
Full Baths 2
Half Baths ,
Living Area 938 sqft
Lot Size 0.07 acres (3,005.64 sqft)
Year Built 1993
Garage ,
Stories ,
Type Residential · Condominium
Subdivision One Barton Place Condo
County Travis
Zip Code 78746
$/sqft $415/sqft
Days on Market ,
HOA $575/Monthly
Annual Tax Est. $7,841.39
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT221337115
List Date March 4, 2026
Elementary School Cedar Creek (Eanes ISD)
Middle School Hill Country
High School Westlake
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.

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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
2525 S Lamar Blvd #206
Spaces 2525 Condo
$385,000 $447 1 bd / 1 ba 861 sqft , 2026-08-21
1741 Spyglass Dr #1-127
One Barton Place Condo
$380,000 $425 2 bd / 2 ba 894 sqft , 2026-05-07
1741 Spyglass Dr #1-223
One Barton Place Condo
$350,000 $391 2 bd / 2 ba 894 sqft , 2026-05-01
1208 Hollow Creek None #105
1208 Hollow Creek Condos
$429,900 $437 2 bd / 2 ba 984 sqft , 2026-07-10
1206 Hollow Creek Dr #1
Zilker Flats
$469,900 $445 1 bd / 2 ba 1,056 sqft , 2026-06-01

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
$1,867/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
$77,800
20% conventional investment loan

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

Estimated Gross Rent+$1,867
Principal + Interest−$2,123
Property Tax (~2.1% TX avg)−$681
Insurance (~0.5%)−$162
Est. Monthly Cash Flow $-1,099

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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About the Author
Luke Allen, Austin TX Realtor, TREC #788149
Luke Allen
Licensed Austin TX Realtor · TREC #788149 · Full-time since 2019
★★★★★ 5.0 on Google · 30 Reviews

Luke Allen is a full-time Austin TX Realtor with the Austin Marketing + Development Group brokerage. He works with buyers, sellers, and investors across every Austin ISD and the surrounding neighborhoods, from Downtown and East Austin to Round Rock, Cedar Park, and the Hill Country. Every page on this site is written and maintained by Luke. This page was last updated on June 21, 2026.

📞 (254) 718-2567 [email protected] More about Luke →