Active Listing  ·  32 days on market

2124 Burton Dr #263

Austin, TX 78741
$139,900
2 Bed 2 Bath 850 sqft $165/sqft Built 1973 0.04 acres Pool Tollgate Condo Amd
2124 Burton Dr #263, photo 1
2124 Burton Dr #263, photo 2
2124 Burton Dr #263, photo 3
2124 Burton Dr #263, photo 4

About This Home

This 2 bedroom, 2 bathroom condo is within a few miles to all amenities and features an open concept living room, dining room and kitchen. The primary bedroom has its own full bathroom while there is another full bathroom in the hallway. The unit is upstairs and is ready for its new owner!

At $165/sqft, this home is 58% 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

2124 Burton Dr #263, Austin, TX 78741

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Property Details

Price $139,900
Status Active Listing
Beds 2
Full Baths 2
Half Baths ,
Living Area 850 sqft
Lot Size 0.04 acres (1,698.84 sqft)
Year Built 1973
Garage ,
Stories ,
Type Residential · Condominium
Subdivision Tollgate Condo Amd
County Travis
Zip Code 78741
$/sqft $165/sqft
Days on Market ,
HOA $482.86/Monthly
Annual Tax Est. $4,198.38
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT249427436
List Date October 11, 2026
Elementary School Linder
Middle School Lively
High School Travis
School District Austin ISD

School District

Austin ISD

Linder · Lively · Travis

Have Questions About This Property?

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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
2450 Wickersham Ln #1606
Chamonix Condo Amd $139,900 $132 2 bd / 2 ba 1,060 sqft , 2026-09-26
2124 Burton Dr #174
Tollgate Condo Amd $140,000 $196 1 bd / 1 ba 714 sqft , 2026-05-14
2124 Burton Dr #125
Tollgate Condo Amd $143,000 $178 2 bd / 2 ba 802 sqft , 2026-01-20
4500 E Oltorf St #A118
Monaco Condo Amd $149,990 $231 1 bd / 1 ba 650 sqft , 2026-06-04
4500 E Oltorf St #C-306
Monaco Condo Amd $125,000 $147 2 bd / 1 ba 850 sqft , 2026-07-23

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
$672/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
$27,980
20% conventional investment loan

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

Estimated Gross Rent+$672
Principal + Interest−$763
Property Tax (assumed ~2.1%)−$245
Insurance (assumed ~0.5%)−$58
Est. Monthly Cash Flow $-394

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 October 12, 2026.

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

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