Active Listing  ·  34 days on market

2005 Browning Dr ##74

Austin, TX 78752
$235,000
2 Bed 2 Bath 1,320 sqft $178/sqft Built 1974 0.13 acres Pool Old Town Condo Rev 1998

Discover an opportunity to own in the established Old Town Condominiums community in Austin! This two-story residence offers 2 bedrooms, 1.5 bathrooms, and approximately 1,320 square feet of living space in a convenient Central Austin location.

Enjoy community amenities including a swimming pool and tennis courts, offering opportunities for relaxation, recreation, and an active lifestyle right in your own neighborhood.

Located in the Coronado Hills area, this property provides convenient access to Dell Children's Medical Center, The University of Texas at Austin, downtown Austin, and major commuter routes, including IH-35 and US-290. Shopping, dining, entertainment, and everyday conveniences are all within easy reach.

Whether you're searching for a primary residence or exploring an investment opportunity, 2005 Browning Drive offers a combination of location, community amenities, and potential. Schedule your private showing today and discover what this Austin property has to offer!

At $178/sqft, this home is 54% below the Austin active market average of $390/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

2005 Browning Dr ##74, Austin, TX 78752

Property Details

Price $235,000
Status Active Listing
Beds 2
Full Baths 1
Half Baths 1
Living Area 1,320 sqft
Lot Size 0.13 acres (5,684.58 sqft)
Year Built 1974
Garage ,
Stories ,
Type Residential · Condominium
Subdivision Old Town Condo Rev 1998
County Travis
Zip Code 78752
$/sqft $178/sqft
Days on Market ,
HOA $485/Monthly
Annual Tax Est. $2,375
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT249362017
List Date October 9, 2026
Elementary School Andrews
Middle School Webb
High School Northeast Early College
School District Austin ISD

Austin ISD

Andrews · Webb · Northeast Early College

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
1904 Rosetti Dr #109
Old Town Condo Rev 1998
$250,000 $172 3 bd / 3 ba 1,452 sqft , 2026-06-04
6406 Chimney Creek Cir #B
Chimney Creek Condo
$254,000 $206 3 bd / 3 ba 1,236 sqft , 2026-07-25
7203 Coronado Cir
Villas Coronado Hills Rev 1995
$260,000 $190 3 bd / 2 ba 1,365 sqft , 2026-10-08
6406 Chimney Creek Cir #A
Chimney Creek Condo
$275,000 $222 3 bd / 3 ba 1,239 sqft , 2026-07-02
6901 Blessing Ave
Black A K 01
$275,000 $243 3 bd / 2 ba 1,131 sqft , 2026-07-28

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
$1,128/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
$47,000
20% conventional investment loan

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

Estimated Gross Rent+$1,128
Principal + Interest−$1,282
Property Tax (assumed ~2.1%)−$411
Insurance (assumed ~0.5%)−$98
Est. Monthly Cash Flow $-663

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 · 41 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. The written content was last updated on November 4, 2026.

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

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