Active Listing  ·  11 days on market

2500 Burleson Rd #215

Austin, TX 78741
$115,000
1 Bed 1 Bath 499 sqft $230/sqft Built 1983 0.02 acres Pool Woodlands 02 Condo

Welcome to Woodlands Condos, a well-maintained gated community conveniently located in Southeast Austin. This efficient 1-bedroom, 1-full-bath condo offers a comfortable layout with all appliances included, plus an in-unit washer and dryer. Community amenities include a beautiful swimming pool and convenient community mailboxes.

Currently tenant occupied; PICTURES shown represent the property prior to Tenant Taking Possession. The owner is offering a reasonable allowance for cleaning and painting after the tenant vacates. this property offers flexibility for both investors and owner-occupants. Investors may purchase with the tenant in place, providing an opportunity for continued rental income, while owner-occupants may purchase subject to the required notice to vacate.

The location is ideal for access to some of Austin’s major employment centers, including Oracle, Austin-Bergstrom International Airport, the Southeast Austin industrial/business corridor, Tesla, AMD and other major technology, manufacturing and logistics employers. Easy access to Hwy 71, US 183 and I-35 connects you to Downtown Austin, East Riverside, major shopping, dining, entertainment and Lady Bird Lake. A convenient opportunity for an investor or owner-occupant seeking an affordable Austin condo close to major employers and transportation corridors.

At $230/sqft, this home is 41% below the Austin active market average of $392/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

2500 Burleson Rd #215, Austin, TX 78741

Property Details

Price $115,000
Status Active Listing
Beds 1
Full Baths 1
Half Baths ,
Living Area 499 sqft
Lot Size 0.02 acres (971.39 sqft)
Year Built 1983
Garage ,
Stories ,
Type Residential · Condominium
Subdivision Woodlands 02 Condo
County Travis
Zip Code 78741
$/sqft $230/sqft
Days on Market ,
HOA $250/Monthly
Annual Tax Est. $2,840.09
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT245531537
List Date September 12, 2026
Elementary School Linder
Middle School Lively
High School Travis
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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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 · September 12, 2026 $118,500
Current ask $115,000
Reduced $3,500 (-3.0%) 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
2500 Burleson Rd #615
Woodlands 02 Condo
$115,000 $230 1 bd / 1 ba 499 sqft , 2026-02-09
1840 Burton Dr #227
Silverado Condo Amd
$115,000 $248 1 bd / 1 ba 464 sqft , 2026-09-10
1840 Burton Dr #144
Silverado Condo Amd Ph 02
$114,900 $222 1 bd / 1 ba 518 sqft , 2026-06-17
2500 Burleson Rd #703
Woodlands 02 Condo
$118,000 $236 1 bd / 1 ba 499 sqft , 2026-08-15
2500 Burleson Rd #506
Woodlands 02 Condo
$118,000 $236 1 bd / 1 ba 499 sqft , 2026-09-04

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
$552/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
$23,000
20% conventional investment loan

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

Estimated Gross Rent+$552
Principal + Interest−$628
Property Tax (~2.1% TX avg)−$201
Insurance (~0.5%)−$48
Est. Monthly Cash Flow $-325

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 September 18, 2026.

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