Active Listing  ·  735 days on market

2450 Wickersham Ln #501

Austin, TX 78741
$225,000
2 Bed 1 Bath 935 sqft $241/sqft Built 1985 0.06 acres Pool Chamonix Condo Amd

Welcome to this stunning, light-filled condo featuring an open-concept living area that flows seamlessly to an extended back patio with views of private green space. This first-floor unit boasts two spacious bedrooms, including a primary bedroom with a brand new en-suite bathroom complete with a new bathtub, shower, and updated tile, as well as a dual vanity with ample counter space.

The spacious living room, perfect for entertaining, features an updated fireplace, creating a warm and inviting atmosphere while maintaining privacy. Located in a 4-unit building with convenient first-floor access and ample parking.

Chamonix Condos offers a gated entry, two pools, multiple green spaces, and proximity to all the best Central Austin has to offer!

At $241/sqft, this home is 38% 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

2450 Wickersham Ln #501, Austin, TX 78741

Property Details

Price $225,000
Status Active Listing
Beds 2
Full Baths 1
Half Baths ,
Living Area 935 sqft
Lot Size 0.06 acres (2,731.21 sqft)
Year Built 1985
Garage ,
Stories ,
Type Residential · Condominium
Subdivision Chamonix Condo Amd
County Travis
Zip Code 78741
$/sqft $241/sqft
Days on Market ,
HOA $506/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT123264866
List Date July 30, 2024
Elementary School Smith
Middle School Ojeda
High School Del Valle
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 →

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
6804 N Capital Of Texas Hwy #226
Pointe 360 Condos
$225,000 $210 2 bd / 2 ba 1,072 sqft , 2026-01-10
2425 Ashdale Dr #81
Summit Condo Amd
$225,000 $229 2 bd / 2 ba 984 sqft , 2026-03-27
4361 S Congress Ave #427
Public Condos Bldg 2
$225,000 $300 1 bd / 1 ba 749 sqft , 2025-05-02
3204 Menchaca Rd #105
Ivy 78704 Condo Amd The
$225,000 $245 2 bd / 2 ba 920 sqft , 2026-04-18
910 Duncan Ln #50
Pointe Condominiums Amended The
$225,000 $359 1 bd / 1 ba 626 sqft , 2026-03-08

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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