About This Home

Rare FHA approved condo in fantastic walkable north central area! Welcome to unit #89, a top floor unit that has been tastefully and richly renovated to include a beautiful spacious kitchen, updated baths, updated electrical, recent double pane windows, and recent dishwasher and in-unit washer. Plentiful storage! Community laundry room, Google fiber. Condo fees cover a lot: gas, water, hot water, pool, clubhouse, mailroom, grounds, parking.

At $216/sqft, this home is 45% below the Austin active market average of $391/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

2425 Ashdale Dr #89, Austin, TX 78757

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Property Details

Price $209,900

Status Active Listing

Beds 2

Full Baths 2

Half Baths ,

Living Area 974 sqft

Lot Size 0.03 acres (1,337.29 sqft)

Year Built 1969

Garage ,

Stories ,

Type Residential · Condominium

Subdivision Summit Condo Amd

County Travis

Zip Code 78757

$/sqft $216/sqft

Days on Market ,

HOA $481/Monthly

Annual Tax Est. $4,346.82

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT232137411

List Date June 2, 2026

Elementary School Pillow

Middle School Burnet (Austin ISD)

High School Anderson

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.

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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

6409 Burns St #304
Quatro Add $209,900 $254 2 bd / 2 ba 828 sqft , 2026-04-25

2425 Ashdale Dr #41
Summit Condo Amd $210,000 $216 2 bd / 2 ba 973 sqft , 2026-01-12

4361 S Congress Ave #322
Public Condos Bldg 2 $210,000 $255 1 bd / 1 ba 825 sqft , 2026-03-21

2408 Longview St #211
Star West Condo $210,000 $292 2 bd / 1 ba 720 sqft , 2026-03-25

4204 Hudson Bend Rd #B
Vista Grande Condo $210,000 $193 2 bd / 2 ba 1,086 sqft , 2026-05-15

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

$1,008/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

$41,980

20% conventional investment loan

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

Estimated Gross Rent+$1,008

Principal + Interest−$1,146

Property Tax (~2.1% TX avg)−$367

Insurance (~0.5%)−$87

Est. Monthly Cash Flow $-592

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

2425 Ashdale Dr #89

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Austin, TX

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