Active Listing  ·  140 days on market

2009 Iroquois Ln #B

Austin, TX 78741
$349,000
2 Bed 3 Bath 1,450 sqft $241/sqft Built 2023 0.09 acres Pool East Riverside - Oltorf

This newly built duplex offers a clean, functional design in a convenient Austin location. The open floor plan creates an easy flow between the living, dining, and kitchen spaces, with large windows bringing in plenty of natural light. The kitchen features quartz countertops, stainless steel appliances, and modern cabinetry, making it both stylish and practical for everyday use. Unit #B includes two well-sized bedrooms with comfortable layouts. The primary suite offers a spacious closet and a private bathroom with updated finishes. The secondary bedroom is ideal for guests, a home office, or additional living space. The home includes a private fenced backyard, providing a great space to relax, entertain, or enjoy outdoor time. Located just minutes from downtown Austin, you'll have quick access to restaurants, entertainment, parks, and major roadways while still enjoying a quiet residential setting.

At $241/sqft, this home is 38% below the Austin active market average of $391/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

2009 Iroquois Ln #B, Austin, TX 78741

Property Details

Price $349,000
Status Active Listing
Beds 2
Full Baths 2
Half Baths 1
Living Area 1,450 sqft
Lot Size 0.09 acres (3,750.52 sqft)
Year Built 2023
Garage ,
Stories ,
Type Residential · Condominium
Subdivision East Riverside - Oltorf
County Travis
Zip Code 78741
$/sqft $241/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $9,392.73
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT222707252
List Date March 17, 2026
Elementary School Linder
Middle School Lively
High School Travis
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
2918 N 620 Ranch Rd #O282
VILLAS ON TRAVIS CONDOMINIUM
$349,000 $250 2 bd / 3 ba 1,395 sqft , 2025-04-18
1312 Hyman Ln
Richland Estates Sec 01
$349,000 $193 3 bd / 2 ba 1,806 sqft , 2026-04-20
11512 Flushwing Dr
Pioneer Crossing West Sec 07
$349,000 $205 3 bd / 2 ba 1,701 sqft , 2026-05-02
12200 Tawny Farms Rd #139
Gabardine Condo
$349,000 $267 3 bd / 2 ba 1,308 sqft , 2026-06-22
8829 Francia Trl
Park Ridge
$349,000 $280 3 bd / 2 ba 1,247 sqft , 2026-07-02

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
$1,675/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
$69,800
20% conventional investment loan

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

Estimated Gross Rent+$1,675
Principal + Interest−$1,905
Property Tax (~2.1% TX avg)−$611
Insurance (~0.5%)−$145
Est. Monthly Cash Flow $-986

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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