Active Listing  ·  79 days on market

2425 Ashdale Dr #78

Austin, TX 78757
$169,000
1 Bed 1 Bath 651 sqft $260/sqft Built 1969 0.02 acres Pool Summit Condo Amd

Tucked away in the North Shoal Creek neighborhood of Midtown Austin, this beautifully updated one-bedroom condo offers the perfect blend of convenience and comfort. Situated in The Summit Condominiums, the community features charming low-rise buildings, central gardens, and a wealth of amenities, including a resort-style swimming pool, barbecue area, laundry facilities, and an elevator. Recently refreshed, the condo boasts a modern look with recent new windows, paint and vinyl plank flooring throughout except for the bathroom which features charming penny-round tile. Move-in ready and designed for easy living, it includes an open layout that maximizes space. The HOA covers gas, water, and building insurance, making homeownership hassle-free. Beyond the property, a vibrant lifestyle awaits. Enjoy the convenience of nearby parks, including Beverly S. Sheffield Northwest District Park and the Bull Creek Greenbelt, as well as a variety of dining, retail, and entertainment options just moments away. With quick access to Loop 1 (Mopac) and Highway 183, commuting is effortless, whether you're heading to UT, area hospitals, or downtown Austin. Walkable to the Metro bus line, this home is an ideal choice for students, traveling professionals, or anyone looking for a well-connected Austin retreat. With ample unassigned parking for residents and guests, plus easy access to everything the city has to offer, this condo presents an excellent opportunity to enjoy Austin living at its finest.

At $260/sqft, this home is 34% below the Austin active market average of $393/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

2425 Ashdale Dr #78, Austin, TX 78757

Property Details

Price $169,000
Status Active Listing
Beds 1
Full Baths 1
Half Baths ,
Living Area 651 sqft
Lot Size 0.02 acres (888.62 sqft)
Year Built 1969
Garage ,
Stories ,
Type Residential · Condominium
Subdivision Summit Condo Amd
County Travis
Zip Code 78757
$/sqft $260/sqft
Days on Market ,
HOA $322/Monthly
Annual Tax Est. $3,167.16
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT237743677
List Date July 6, 2026
Elementary School Pillow
Middle School Burnet (Austin ISD)
High School Anderson
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
8888 Tallwood Dr #1107
8888 Tallwood Condo Amd
$169,000 $283 1 bd / 1 ba 598 sqft , 2026-04-29
8210 Bent Tree Rd #235
Arbors
$169,500 $265 1 bd / 1 ba 640 sqft , 2026-06-02
7920 Rockwood Ln #216
Royal Orleans North Condo Amd
$167,000 $249 1 bd / 1 ba 672 sqft , 2026-07-24
7920 Rockwood Ln #203
Royal Orleans North Condo Amd
$165,990 $248 1 bd / 1 ba 668 sqft , 2026-03-06
2600 Penny Ln #303
Victoria Square Condo
$159,000 $252 1 bd / 1 ba 632 sqft , 2026-08-16

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
$811/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
$33,800
20% conventional investment loan

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

Estimated Gross Rent+$811
Principal + Interest−$922
Property Tax (~2.1% TX avg)−$296
Insurance (~0.5%)−$70
Est. Monthly Cash Flow $-477

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 July 28, 2026.

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