Active Listing  ·  84 days on market

208 Aria Rdg #602

Austin, TX 78738
$449,500
3 Bed 3 Bath 2,098 sqft $214/sqft Built 2005 0.18 acres 2-Car Garage Pool Enclave At Alta Vista Amd

Enjoy stunning Hill Country views from this well-maintained condominium in a prime location across from Lake Travis High School and Baylor Scott & White Lakeway Hospital. This updated 3-bedroom, 2.5-bath home features two living areas, a dedicated office, and a two-car garage. All bedrooms are located upstairs, including a spacious primary suite with breathtaking Hill Country views.

The HOA fee includes access to a community clubhouse, pool, tennis courts, playscape, and fitness center, as well as landscaping, irrigation, and fertilization. Exterior maintenance and repairs for the roof, walls, and foundation are also covered, along with water, wastewater, trash collection, exterior pest control, and liability and property insurance (walls outward).

This true lock-and-leave property offers easy access to Lake Travis, golf courses, healthcare, shopping, restaurants, downtown Austin, the airport, and the Texas Hill Country. Low tax rate of 1.8%! Ideal for owner-occupancy, a 1031 exchange, or an investment property.

At $214/sqft, this home is 46% below the Austin active market average of $393/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

208 Aria Rdg #602, Austin, TX 78738

Property Details

Price $449,500
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 2,098 sqft
Lot Size 0.18 acres (7,927.92 sqft)
Year Built 2005
Garage 2 spaces
Stories ,
Type Residential · Condominium
Subdivision Enclave At Alta Vista Amd
County Travis
Zip Code 78738
$/sqft $214/sqft
Days on Market ,
HOA $465/Monthly
Annual Tax Est. $8,079.12
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT237536772
List Date July 1, 2026
Elementary School Lakeway
Middle School Hudson Bend
High School Lake 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.

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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
15315 Origins Ln
Vistas At Lakeway Condo
$450,000 $210 3 bd / 3 ba 2,146 sqft , 2026-04-25
112 Aria Rdg
Enclave at Alta Vista
$469,500 $211 3 bd / 3 ba 2,220 sqft , 2026-04-17
14501 Falcon Head Blvd #20
Cottages At Spillman Ridge Con
$475,000 $325 3 bd / 2 ba 1,462 sqft , 2026-04-17
106 Bella Toscana Ave #3101
Lofts At Tuscan Village The
$399,900 $290 2 bd / 2 ba 1,377 sqft , 2026-08-01
114 Aria Rdg #802
Enclave At Alta Vista Amd
$394,500 $175 3 bd / 3 ba 2,255 sqft , 2026-04-30

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
$2,158/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
$89,900
20% conventional investment loan

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

Estimated Gross Rent+$2,158
Principal + Interest−$2,453
Property Tax (~2.1% TX avg)−$787
Insurance (~0.5%)−$187
Est. Monthly Cash Flow $-1,269

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 September 12, 2026.

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