About This Home

Location, Location, Location! RARE penthouse condo steps from the famed Zilker Park, Barton Springs, and the Lady Bird Lake Hike and Bike Trail. Two bedrooms with two bathrooms and great open plan layout. Condo has been very lightly lived in, yet upgraded far beyond the other units. Two parking spaces + adjacent space on each, meaning space to park 3 cars and store much more. Space to park large truck. Experience Austin at its best. Just steps to Zilker Park, Barton Creek, SoCo, and Barton Springs Pool. Be sure to check out the large gym and rooftop pool adored by residents. Friendly community!

At $662/sqft, this home is priced 69% 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

1900 Barton Springs Rd #5027, Austin, TX 78704

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Property Details

Price $675,000

Status Active Listing

Beds 2

Full Baths 2

Half Baths ,

Living Area 1,019 sqft

Lot Size ,

Year Built 2013

Garage 2 spaces

Stories ,

Type Residential · Condominium

Subdivision ZILKR ON THE PARK CONDOMINIUMS

County Travis

Zip Code 78704

$/sqft $662/sqft

Days on Market ,

HOA $439/Monthly

Annual Tax Est. ,

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT123411456

List Date July 18, 2024

Elementary School Zilker

Middle School O Henry

High School Austin

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.

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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

48 East Ave #2108
Natiivo $675,000 $841 1 bd / 1 ba 803 sqft , 2026-03-25

1604 Haskell St #2
Tobin Resub Riverside $675,000 $627 2 bd / 2 ba 1,077 sqft , 2026-05-26

206 E 43rd St
Hyde Park Add 01 $675,000 $870 2 bd / 1 ba 776 sqft , 2026-06-19

1000 Liberty Park Dr #208
Liberty Park Condo Amd $675,000 $567 2 bd / 2 ba 1,191 sqft , 2026-07-14

2209 S 1st St #237
Bouldin $679,000 $633 2 bd / 2 ba 1,072 sqft , 2026-06-17

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

$3,240/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

$135,000

20% conventional investment loan

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

Estimated Gross Rent+$3,240

Principal + Interest−$3,684

Property Tax (~2.1% TX avg)−$1,181

Insurance (~0.5%)−$281

Est. Monthly Cash Flow $-1,906

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

1900 Barton Springs Rd #5027

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Austin, TX

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