Active Listing  ·  15 days on market

2008 Meadowridge Dr #B

Austin, TX 78704
$950,000
4 Bed 2 Bath 1,948 sqft $488/sqft Built 2014 0.11 acres Pool 2008 Meadowridge Condo

Rare opportunity to find a 4 bedroom home in the heart of Zilker neighborhood just steps from some of Austin's best parks, restaurants, coffee shops, and music venues. Down to the studs remodel in 2014, open and bright living spaces, large kitchen with great storage, three bedrooms on the main level and a large private primary suite upstairs. The spacious primary is tucked away, offering a private retreat separate from the main-level bedrooms.

Outside you will find a large professionally landscaped backyard with artificial turf and xeriscaping for easy maintenance, great for entertaining. One car carport plus an additional parking spot. Very generous storage throughout including pantry, extra storage closet and main floor laundry. Great opportunity to live on one of Zilker’s best streets walking distance to Zilker Elementary.

At $488/sqft, this home is priced 25% 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

2008 Meadowridge Dr #B, Austin, TX 78704

Property Details

Price $950,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths ,
Living Area 1,948 sqft
Lot Size 0.11 acres (4,822.09 sqft)
Year Built 2014
Garage ,
Stories ,
Type Residential · Townhouse
Subdivision 2008 Meadowridge Condo
County Travis
Zip Code 78704
$/sqft $488/sqft
Days on Market ,
HOA $2,228.5/Annually
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT249306714
List Date October 8, 2026
Elementary School Zilker
Middle School O Henry
High School Austin
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
2804 S 5th St #A
Denizen Condo Amd
$925,000 $479 3 bd / 3 ba 1,931 sqft , 2026-09-29
2608 Del Curto Rd #3
Del Curto Condo
$975,000 $385 3 bd / 4 ba 2,530 sqft , 2026-04-16
1208 W Oltorf St #B
Southwood
$899,000 $472 3 bd / 4 ba 1,904 sqft , 2026-01-20
1208 W Oltorf St #A
Southwood
$899,000 $472 3 bd / 4 ba 1,904 sqft , 2026-01-31
2006 De Verne St
Rabb Inwood Hills
$890,000 $533 3 bd / 2 ba 1,669 sqft , 2023-10-13

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
$4,560/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
$190,000
20% conventional investment loan

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

Estimated Gross Rent+$4,560
Principal + Interest−$5,185
Property Tax (~2.1% TX avg)−$1,663
Insurance (~0.5%)−$396
Est. Monthly Cash Flow $-2,684

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 October 21, 2026.

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