About This Home

Fantastic opportunity for buyers who want to be in desirable Tarrytown. There are only 13 units in this mid-century gated complex. This condominium has a great layout with new carpet and paint. Kitchen/dining/and living are all open to one another giving this home an open and airy feel. In-unit washer and dryer. All units back to a serene pool, and grassy fenced common area. Refrigerator, washer and dryer all convey with sale. Reserved spot with guest parking available. Fantastic location only minutes from downtown!

At $452/sqft, this home is priced 16% above the Austin active market average of $390/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

2308 Enfield Rd #204, Austin, TX 78703

Open in Google Maps ↗ Get Directions ↗

Property Details

Price $284,000

Status Active Listing

Beds 1

Full Baths 1

Half Baths ,

Living Area 628 sqft

Lot Size 0.03 acres (1,219.68 sqft)

Year Built 1962

Garage ,

Stories ,

Type Residential · Condominium

Subdivision Tarrytown Terrace Condo

County Travis

Zip Code 78703

$/sqft $452/sqft

Days on Market ,

HOA $225/Monthly

Annual Tax Est. $4,655

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT225790823

List Date April 11, 2026

Elementary School Casis

Middle School O Henry

High School Austin

School District ,

Have Questions About This Property?

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.

Schedule a Call →

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

2409 Leon St #307
Stoneleigh Condo $285,000 $375 2 bd / 2 ba 761 sqft , 2026-02-13

2815 Rio Grande St #204
Gazebo Condo $285,000 $560 2 bd / 1 ba 509 sqft , 2026-05-13

4510 Terry O Ln #112
The Station at St. Elmo $285,000 $379 1 bd / 1 ba 752 sqft , 2026-08-06

306 E 30th St #3
Park Avenue Condominiums $280,000 $525 2 bd / 1 ba 533 sqft , 2024-02-20

4802 S Congress Ave #213
The Bend Condominiums $280,000 $340 1 bd / 1 ba 824 sqft , 2026-03-13

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

$1,363/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

$56,800

20% conventional investment loan

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

Estimated Gross Rent+$1,363

Principal + Interest−$1,550

Property Tax (~2.1% TX avg)−$497

Insurance (~0.5%)−$118

Est. Monthly Cash Flow $-802

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 →

Neighborhood Context

About Tarrytown

Tarrytown is the gold standard for Austin real estate - a neighborhood that's been desirable for over a century and shows no signs of changing. Situated between Lake Austin and MoPac, it combines exceptional location with the kind of neighborhood maturity that takes generations to build.

Mature live oaks canopy streets lined with everything from Tudor revivals and craftsman bungalows to sleek modern rebuilds. Homes here rarely sit on the market - buyers who've been watching Tarrytown move fast when something hits.

🏡

Architecture

Tudor revivals, craftsman bungalows, limestone ranches, and high-end new construction - more architectural variety than almost any Austin neighborhood.

🌊

Lake Austin Access

Direct access to Lake Austin via multiple public access points. Many homes have private docks and lake frontage.

🌳

Tree Canopy

Some of the densest live oak coverage in Austin. The neighborhood feels noticeably cooler and quieter than most of the city.

📍

Location

Minutes from downtown, Clarksville, and West 6th. Everything without the traffic noise.

Full Tarrytown Guide →

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

About the Author

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 June 22, 2026.

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

2308 Enfield Rd #204