Active Listing  ·  98 days on market

2401 Manor Rd #132A

Austin, TX 78722
$138,800
1 Bed 1 Bath 465 sqft $298/sqft Built 1963 0.01 acres Pool EAST UNIVERSITY PLACE CONDOMINIUMS

Presenting 2401 Manor Rd #132A in Austin, TX 78722, this charming condominium offers a comfortable and inviting living experience with a thoughtful blend of character and modern functionality. The property is currently leased through August 2027.

The kitchen serves as the heart of the home, featuring stainless steel appliances and an open-concept connection to the living area, making the space ideal for everyday living and entertaining. The spacious one-bedroom layout is complemented by a well-appointed bathroom, creating a comfortable and private living space.

Residents also enjoy access to a community pool, adding to the convenience and enjoyment of condo living.

Conveniently located near East Austin, The University of Texas at Austin, and downtown Austin, the property offers easy access to some of the city's major employment, dining, entertainment, and cultural destinations. Its central location makes it a convenient option for those looking to be close to the energy and amenities of East Austin and the surrounding areas.

The property is currently leased through August 2027, offering an opportunity for an investor seeking an income-producing property with an existing tenant in place.

Schedule a showing to learn more about this property and its current lease.

Residents also enjoy access to a community pool, adding to the ease and enjoyment of condo living.

Experience the charm and convenience of this well-located Austin home—schedule a showing to fully appreciate all it has to offer.

At $298/sqft, this home is 24% 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

2401 Manor Rd #132A, Austin, TX 78722

Property Details

Price $138,800
Status Active Listing
Beds 1
Full Baths 1
Half Baths ,
Living Area 465 sqft
Lot Size 0.01 acres (640.33 sqft)
Year Built 1963
Garage ,
Stories ,
Type Residential · Condominium
Subdivision EAST UNIVERSITY PLACE CONDOMINIUMS
County Travis
Zip Code 78722
$/sqft $298/sqft
Days on Market ,
HOA $250/Monthly
Annual Tax Est. $3,254.38
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT227461687
List Date May 8, 2026
Elementary School Maplewood
Middle School Kealing
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.

Schedule a Call →

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 · May 8, 2026 $149,000
Previous ask $139,000
Current ask $138,800
Reduced $10,200 (-6.8%) 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
923 E 41st St #101
Dure Len C
$179,900 $400 1 bd / 1 ba 450 sqft , 2026-05-05

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
$666/mo
0.48% rule · conservative Austin est.
Gross Yield
5.76%
Annual rent ÷ purchase price
Cap Rate (est.)
3.45%
NOI after 40% vacancy + expenses
Down Payment
$27,760
20% conventional investment loan

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

Estimated Gross Rent+$666
Principal + Interest−$757
Property Tax (~2.1% TX avg)−$243
Insurance (~0.5%)−$58
Est. Monthly Cash Flow $-392

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 · 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 August 13, 2026.

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