Active Listing  ·  81 days on market

2207 Pasadena Dr #1

Austin, TX 78757
$540,000
2 Bed 2 Bath 1,271 sqft $425/sqft Built 2012 0.06 acres Pool Villas At Pasadena Condo

Beautifully updated 2-2 end-unit condo with private outdoor space in a charming gated community. This 17-unit complex features Mediterranean-style architecture, an Italian-inspired courtyard, and a secure gated entrance.

The kitchen, remodeled in 2021, boasts a large island, 3cm quartz countertops, under-cabinet LED lighting, a deep single-bowl sink, a tile backsplash, and a KitchenAid dishwasher. Updates also include 7.5” White Oak wood floors, additional under-stair storage, and refreshed bathrooms. High ceilings and an open floor plan create a bright, airy, light-filled atmosphere.

This unit comes with two reserved parking spaces, one covered, adding convenience to everyday living. Located in a quiet, highly walkable Crestview neighborhood off the Burnet Rd corridor. About a 5 minute walk to Brentwood park. You’ll enjoy easy access to shopping, dining, and entertainment. Some popular restaurants that are within a 5 minute walk include: Ichiban, Taco Deli, El Mercado, Top Notch Burgers, Juiceland, The Aristocrat Lounge, The Violet Crown Wine bar and many more.

Sought-after schools include Brentwood Elementary, Lamar Middle, and McCallum High School. Units in this community rarely come on the market, making this a fantastic opportunity to join The Villas at Pasadena Drive.

At $425/sqft, this home is priced 9% 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

2207 Pasadena Dr #1, Austin, TX 78757

Property Details

Price $540,000
Status Active Listing
Beds 2
Full Baths 2
Half Baths ,
Living Area 1,271 sqft
Lot Size 0.06 acres (2,413.22 sqft)
Year Built 2012
Garage ,
Stories ,
Type Residential · Condominium
Subdivision Villas At Pasadena Condo
County Travis
Zip Code 78757
$/sqft $425/sqft
Days on Market ,
HOA $400/Monthly
Annual Tax Est. $9,925.68
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT229789195
List Date May 15, 2026
Elementary School Brentwood
Middle School Lamar (Austin ISD)
High School McCallum
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
10219 W Rutland Vlg
Rutland Village Sec 01
$540,000 $336 3 bd / 2 ba 1,606 sqft , 2026-05-05
360 Nueces St #3907
Residential Condo Amd 360
$540,000 $634 1 bd / 1 ba 852 sqft , 2026-06-15
1912 Holly St
Driving Park Add
$539,000 $576 3 bd / 2 ba 936 sqft , 2026-05-08
4124 Valley View Rd #4A
Fortview Valley View Condomini
$539,000 $348 3 bd / 3 ba 1,548 sqft , 2026-07-03
507 Sabine St #605
Sabine On 05 Residential Condo
$538,998 $370 2 bd / 2 ba 1,456 sqft , 2024-06-20

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
$2,592/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
$108,000
20% conventional investment loan

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

Estimated Gross Rent+$2,592
Principal + Interest−$2,947
Property Tax (~2.1% TX avg)−$945
Insurance (~0.5%)−$225
Est. Monthly Cash Flow $-1,525

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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