Active Listing  ·  13 days on market

2209 Hancock Dr #8

Austin, TX 78756
$355,000
2 Bed 2 Bath 1,002 sqft $354/sqft Built 2000 0.05 acres Pool Ventana Condo Amd

Beautiful 2-bedroom, 2-full-bath top-floor, corner-unit condo in a gated community just minutes from Downtown Austin, UT, The Triangle, and Seton Hospital! This light-filled retreat features an open floor plan, soaring ceilings, gleaming hardwood floors, and a spacious wraparound balcony perfect for relaxing or entertaining. The kitchen boasts rich wood cabinetry and granite countertops, while generous walk-in closets offer ample storage. Refrigerator, washer, dryer, and covered carport parking included! Enjoy community amenities including a fitness center and beautifully maintained grounds. A fantastic opportunity for convenient Austin living in a prime central location!

At $354/sqft, this home is 9% 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

2209 Hancock Dr #8, Austin, TX 78756

Property Details

Price $355,000
Status Active Listing
Beds 2
Full Baths 2
Half Baths ,
Living Area 1,002 sqft
Lot Size 0.05 acres (2,003.76 sqft)
Year Built 2000
Garage ,
Stories ,
Type Residential · Condominium
Subdivision Ventana Condo Amd
County Travis
Zip Code 78756
$/sqft $354/sqft
Days on Market ,
HOA $200/Monthly
Annual Tax Est. $5,844.64
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT251260139
List Date October 30, 2026
Elementary School Highland Park
Middle School Lamar (Austin ISD)
High School McCallum
School District Austin ISD

Austin ISD

Highland Park · Lamar (Austin ISD) · McCallum

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
700 Nelray Blvd #101
Nelly Condominiums
$350,000 $329 2 bd / 2 ba 1,063 sqft , 2026-06-03
2300 Hancock Dr #5
2300 Hancock Drive Condo
$325,000 $319 2 bd / 2 ba 1,020 sqft , 2026-09-02
202 E 45th St #203
Treehouse Condo
$249,900 $377 1 bd / 1 ba 662 sqft , 2026-04-01
601 Nelray Blvd #6
Nelray Place Condo Amd
$249,000 $358 2 bd / 2 ba 695 sqft , 2026-07-31
4325-1 Jackson Ave #2204
The Grove
$479,000 $424 1 bd / 2 ba 1,130 sqft , 2026-10-20

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
$1,704/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
$71,000
20% conventional investment loan

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

Estimated Gross Rent+$1,704
Principal + Interest−$1,937
Property Tax (assumed ~2.1%)−$621
Insurance (assumed ~0.5%)−$148
Est. Monthly Cash Flow $-1,002

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 3, 2026.

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

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