Active Listing  ·  175 days on market

2425 Ashdale Dr #32

Austin, TX 78757
$199,900
2 Bed 2 Bath 967 sqft $207/sqft Built 1969 0.03 acres Pool Summit Condo Amd

NEW PRICE! JUST REDUCED $5,000 + OVER $11,000 IN NEW ELECTRICAL UPGRADES! The seller just completed $11,058 in major electrical improvements addressing aluminum wiring concerns identified by multiple insurance carriers as obstacles to obtaining new coverage. October 2026 work by Mr. Electric includes code-compliant AlumiConn copper-connection remediation, a new electrical subpanel and breakers, replacement switches and outlets throughout, and added GFCI protection. A significant improvement and expense already handled for the next owner!

HARD TO BEAT UNDER $200K! This GROUND-FLOOR CORNER condo has just ONE shared wall, close-in parking, a private patio, and an ideal 2-bedroom, 2-bath roommate-friendly floor plan. The Primary Bedroom has an ensuite Bath, while the second Bedroom and full Bath are perfect for roommates, guests, or a home office. Potential for your own in-unit washer/dryer hookups! See agent for details.

Inside, you'll find NO CARPET, wood flooring throughout, updated Bathrooms, recently replaced double-pane windows, Nest thermostat, Ring doorbell camera, and Google Fiber. The Living and Dining areas connect to a Kitchen featuring quartz countertops, stainless steel appliances, a Breakfast Area, and access to the private patio. French-door refrigerator conveys!

Community improvements include a new roof (2023), new gutters (2026), and recent sidewalk, patio, and pergola upgrades. Enjoy the pool, clubhouse, and landscaped central courtyard. HOA dues include water, sewer, gas, trash, pool, and exterior maintenance.

All in the heart of Crestview, convenient to neighborhood restaurants, shops, Downtown Austin, UT, The Domain, and Q2 Stadium. An extensively updated, ground-floor corner condo offering exceptional value under $200K in Central Austin.

At $207/sqft, this home is 47% 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

2425 Ashdale Dr #32, Austin, TX 78757

Property Details

Price $199,900
Status Active Listing
Beds 2
Full Baths 2
Half Baths ,
Living Area 967 sqft
Lot Size 0.03 acres (1,306.8 sqft)
Year Built 1969
Garage ,
Stories ,
Type Residential · Condominium
Subdivision Summit Condo Amd
County Travis
Zip Code 78757
$/sqft $207/sqft
Days on Market ,
HOA $480/Monthly
Annual Tax Est. $4,320.03
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT230981257
List Date May 21, 2026
Elementary School Pillow
Middle School Burnet (Austin ISD)
High School Anderson
School District Austin ISD

Austin ISD

Pillow · Burnet (Austin ISD) · Anderson

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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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 21, 2026 $212,500
Previous ask $204,900
Current ask $199,900
▼ Reduced $12,600 (-5.9%) 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
7685 Northcross Dr #628
Allandale The
$199,000 $234 2 bd / 2 ba 850 sqft , 2026-08-03
7920 Rockwood Ln #249
Royal Orleans North Condo Amd
$195,699 $263 1 bd / 1 ba 743 sqft , 2026-05-29
7801 Shoal Creek Blvd #203
Tiffany Condo
$195,000 $248 2 bd / 1 ba 786 sqft , 2026-05-08
2425 Ashdale Dr #89
Summit Condo Amd
$209,900 $216 2 bd / 2 ba 974 sqft , 2026-06-02
2425 Ashdale Dr #41
Summit Condo Amd
$210,000 $216 2 bd / 2 ba 973 sqft , 2026-01-12

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
$960/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
$39,980
20% conventional investment loan

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

Estimated Gross Rent+$960
Principal + Interest−$1,091
Property Tax (assumed ~2.1%)−$350
Insurance (assumed ~0.5%)−$83
Est. Monthly Cash Flow $-564

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 6, 2026.

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

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