About This Home

Super cute 1 bedroom 1 bath condo in the heart of Central East Austin! Well maintained gated complex with nice amenities as well. Nicely updated unit with tile floors, granite counters in the kitchen, updated tiled bathroom. Recent HVAC in 2025 & updated water heater. Great location at the rear of the complex & backing to the residential neighborhood. Large private covered patio with a nice view and storage closet with stacked washer and dryer that conveys. Open floorplan feels larger than the SQFT-age. Large refreshing pool for summer lounging. Close to the metro and all that Central East Austin has to offer. Minutes to downtown, dining, shopping and the new HEB on Oltorf. Vacant and easy to show!!

At $334/sqft, this home is 15% 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 #601, Austin, TX 78741

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Property Details

Price $129,900

Status Active Listing

Beds 1

Full Baths 1

Half Baths ,

Living Area 389 sqft

Lot Size 0.02 acres (757.94 sqft)

Year Built 1983

Garage ,

Stories ,

Type Residential · Condominium

Subdivision Woodlands 02 Condo

County Travis

Zip Code 78741

$/sqft $334/sqft

Days on Market ,

HOA $195/Monthly

Annual Tax Est. $2,768.26

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT217045165

List Date January 26, 2026

Elementary School Uphaus Early Childhood

Middle School Lively

High School Travis

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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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 · January 26, 2026 $134,999

Current ask $129,900

▼ Reduced $5,099 (-3.8%) 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

1840 Burton Dr #208
Silverado Condo Amd $125,000 $241 1 bd / 1 ba 518 sqft , 2026-01-20

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

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

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

$624/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

$25,980

20% conventional investment loan

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

Estimated Gross Rent+$624

Principal + Interest−$709

Property Tax (~2.1% TX avg)−$227

Insurance (~0.5%)−$54

Est. Monthly Cash Flow $-366

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 4, 2026.

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

2500 Burleson Rd #601