Active Listing  ·  179 days on market

2425 Ashdale Dr #81

Austin, TX 78757
$225,000
2 Bed 2 Bath 984 sqft $229/sqft Built 1969 0.03 acres Pool Summit Condo Amd

Immaculate top-floor, corner two-bedroom, two-bathroom condo at Summit Condos offers the perfect blend of comfort, convenience, and value in North Austin. As one of the largest floorplans in the community, this home features a bright, open-concept living and dining area—ideal for both everyday living and entertaining. The updated galley kitchen offers abundant cabinet space and opens seamlessly to the family room, creating a functional and inviting layout. The spacious primary bedroom serves as a relaxing retreat with a generous closet, while the second bedroom provides flexibility for guests, a home office, or additional living space. A washer and dryer are included for added convenience, along with a private outdoor storage unit located on the same floor. Situated on the third floor, this unit enjoys peaceful views of the lush courtyard and is tucked away at the back of the building, offering both privacy and plenty of available parking. Recent improvements, including a replaced roof, add extra peace of mind. Residents enjoy a variety of community amenities, including a pool, gazebo, grilling area, and clubhouse, as well as elevator access for ease and accessibility. The HOA covers all utilities except electricity, making for simplified living. Ideally located between Burnet Road and Anderson Lane, you’re just minutes from Austin favorites like Alamo Drafthouse, Hopdoddy Burger Bar, and High 5 Bowling, as well as shopping, dining, and entertainment at The Domain.

At $229/sqft, this home is 42% 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 #81, Austin, TX 78757

Property Details

Price $225,000
Status Active Listing
Beds 2
Full Baths 2
Half Baths ,
Living Area 984 sqft
Lot Size 0.03 acres (1,350.36 sqft)
Year Built 1969
Garage ,
Stories ,
Type Residential · Condominium
Subdivision Summit Condo Amd
County Travis
Zip Code 78757
$/sqft $229/sqft
Days on Market ,
HOA $351/Monthly
Annual Tax Est. $4,890.89
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT224071000
List Date March 27, 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
8210 Bent Tree Rd #116
Arbors
$225,000 $280 2 bd / 1 ba 805 sqft , 2026-05-16
2425 Ashdale Dr #92
The Summit Condos
$225,000 $229 2 bd / 2 ba 983 sqft , 2026-07-17
8621 Putnam Dr #A
Putnam Square Condominiums
$225,000 $225 2 bd / 2 ba 1,001 sqft , 2026-08-21
2500 Steck Ave #6
Palm Condo The
$224,900 $240 2 bd / 1 ba 938 sqft , 2026-06-25
2500 Steck Ave #4
Palm Condo The
$229,000 $244 2 bd / 1 ba 938 sqft , 2026-09-09

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
$1,080/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
$45,000
20% conventional investment loan

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

Estimated Gross Rent+$1,080
Principal + Interest−$1,228
Property Tax (~2.1% TX avg)−$394
Insurance (~0.5%)−$94
Est. Monthly Cash Flow $-636

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 March 30, 2026.

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