About This Home

Sought after first level unit is designed with efficiency in mind and great use of square footage with plenty of storage. Newly updated (2020) with new HVAC, fresh paint, trim, wood-look vinyl plank flooring, new tile & backsplash in kitchen, fresh paint, 2” faux wood blinds, ceiling fans, light fixtures, bathroom vanity, tub & flooring.

At $236/sqft, this home is 40% 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 #506, Austin, TX 78741

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Property Details

Price $118,000

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 $236/sqft

Days on Market ,

HOA $250.47/Monthly

Annual Tax Est. $4,156.57

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT245824308

List Date September 4, 2026

Elementary School Linder

Middle School Lively

High School Travis

School District ,

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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

2500 Burleson Rd #703
Woodlands 02 Condo $118,000 $236 1 bd / 1 ba 499 sqft , 2026-08-15

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

2500 Burleson Rd #215
Woodlands 02 Condo $115,000 $230 1 bd / 1 ba 499 sqft , 2026-09-12

1840 Burton Dr #144
Silverado Condo Amd Ph 02 $114,900 $222 1 bd / 1 ba 518 sqft , 2026-06-17

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

$566/mo

0.48% rule · conservative Austin est.

Gross Yield

5.76%

Annual rent ÷ purchase price

Cap Rate (est.)

3.45%

NOI after 40% vacancy + expenses

Down Payment

$23,600

20% conventional investment loan

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

Estimated Gross Rent+$566

Principal + Interest−$644

Property Tax (~2.1% TX avg)−$207

Insurance (~0.5%)−$49

Est. Monthly Cash Flow $-334

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

About the Author

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 5, 2026.

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

2500 Burleson Rd #506

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Austin, TX

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