Active Listing  ·  49 days on market

2101 Polaris Ave #7

Austin, TX 78757
$239,900
2 Bed 2 Bath 1,020 sqft $235/sqft Built 1968 0.04 acres Pool Polaris 02 Condo Amd

Extensively upgraded Polaris II condo offering a private, peaceful setting in an incredibly convenient North Central Austin location. These condos were completely renovated in 2010. This modern townhouse-style floor plan features high-end wood flooring throughout, travertine tile in the kitchen and bathrooms, and thoughtfully updated finishes throughout.

The spacious kitchen is finished with granite countertops, a custom tile backsplash, and high-end stainless steel Bosch appliances. Two separate living areas provide flexibility for entertaining, relaxing, working from home, or creating a media space. Upstairs, the spacious bedrooms include walk-in closets, with an especially large primary closet. A convenient half bath serves the main level.

Outside, enjoy a private fenced yard and patio with a Trex composite deck—an inviting extension of the living space and a feature not often found in a condo setting. Additional details include crown molding and abundant storage throughout.

The gated community offers a quiet atmosphere and quaint courtyard-style entry, along with two reserved parking spaces. Ideally located with quick access to Burnet Road, US-183, MoPac, and I-35, and just minutes from The Domain, dining, shopping, entertainment, and many of Central and North Austin’s most desirable destinations. A unique combination of privacy, space, modern finishes, and urban convenience.

At $235/sqft, this home is 40% 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

2101 Polaris Ave #7, Austin, TX 78757

Property Details

Price $239,900
Status Active Listing
Beds 2
Full Baths 1
Half Baths 1
Living Area 1,020 sqft
Lot Size 0.04 acres (1,938.42 sqft)
Year Built 1968
Garage ,
Stories ,
Type Residential · Condominium
Subdivision Polaris 02 Condo Amd
County Travis
Zip Code 78757
$/sqft $235/sqft
Days on Market ,
HOA $400/Monthly
Annual Tax Est. $1,131.43
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT247717951
List Date September 24, 2026
Elementary School Wooten
Middle School Burnet (Austin ISD)
High School Navarro Early College
School District Austin ISD

Austin ISD

Wooten · Burnet (Austin ISD) · Navarro 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.

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Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · September 24, 2026 $260,000
Previous ask $250,000
Current ask $239,900
▼ Reduced $20,100 (-7.7%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

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
2425 Ashdale Dr #81
Summit Condo Amd
$225,000 $229 2 bd / 2 ba 984 sqft , 2026-03-27
2425 Ashdale Dr #92
The Summit Condos
$225,000 $229 2 bd / 2 ba 983 sqft , 2026-07-17
2500 Steck Ave #6
Palm Condo The
$224,900 $240 2 bd / 1 ba 938 sqft , 2026-06-25
9217 Singing Quail Dr #8E
Quail Run Condo Amd
$254,900 $197 2 bd / 2 ba 1,296 sqft , 2026-06-16
1748 Ohlen Rd #68
Brandywine Condo Amd
$260,000 $218 2 bd / 2 ba 1,194 sqft , 2026-08-07

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
$1,152/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
$47,980
20% conventional investment loan

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

Estimated Gross Rent+$1,152
Principal + Interest−$1,309
Property Tax (assumed ~2.1%)−$420
Insurance (assumed ~0.5%)−$100
Est. Monthly Cash Flow $-677

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 5, 2026.

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

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