Active Listing  ·  159 days on market

2500 Longview St #300

Austin, TX 78705
$499,999
2 Bed 2 Bath 1,229 sqft $407/sqft Built 2021 0.01 acres 2-Car Garage Pool Cascade Condominiums

Premier Cascade Condominiums unit offering one of the largest floor plans in the community at 1,229 SF. Currently vacant - ready for immediate occupancy. Positioned as an end unit on the highly desirable west side of the building, the unit features a private balcony overlooking Shoal Creek Trail and is filled with an abundance of natural light. Interior features include hard surface flooring throughout, quartz countertops, stainless steel appliances, and a spacious primary suite with walk-in shower, double vanity, and large walk-in closet. The unit is also fully equipped with smart home features throughout. Community amenities include two gated reserved parking spaces, a pool with courtyard kitchen, rooftop terrace, cardio studio, and resident lounge with WiFi. Conveniently located within walking distance to Pease Park, UT, and The Drag, with quick access to Downtown Austin, the Capitol, and Dell Medical Center.

At $407/sqft, this home is priced 4% above the Austin active market average of $393/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

2500 Longview St #300, Austin, TX 78705

Property Details

Price $499,999
Status Active Listing
Beds 2
Full Baths 2
Half Baths ,
Living Area 1,229 sqft
Lot Size 0.01 acres (505.3 sqft)
Year Built 2021
Garage 2 spaces
Stories ,
Type Residential · Condominium
Subdivision Cascade Condominiums
County Travis
Zip Code 78705
$/sqft $407/sqft
Days on Market ,
HOA $605/Monthly
Annual Tax Est. $12,022.01
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT226443095
List Date April 16, 2026
Elementary School Bryker Woods
Middle School O Henry
High School Austin
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 · April 16, 2026 $589,000
Previous ask $519,000
Current ask $499,999
Reduced $89,001 (-15.1%) 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
910 W 25th St #403
Galileo At 25 Condo
$499,999 $400 3 bd / 3 ba 1,250 sqft , 2025-06-16
910 W 25th St #503
Galileo At 25 Condo
$499,900 $400 3 bd / 3 ba 1,250 sqft , 2026-04-02
3307 Helms St
34th & Helms Condo
$499,000 $588 2 bd / 1 ba 848 sqft , 2026-09-10
2500 Longview St #302
Cascade Condominiums
$494,900 $426 2 bd / 2 ba 1,161 sqft , 2026-07-02
510 W 18TH St #113
CHESTNUT SQUARE CONDOMINIUM
$489,999 $499 1 bd / 2 ba 981 sqft , 2026-03-25

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
$2,400/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
$100,000
20% conventional investment loan

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

Estimated Gross Rent+$2,400
Principal + Interest−$2,729
Property Tax (~2.1% TX avg)−$875
Insurance (~0.5%)−$208
Est. Monthly Cash Flow $-1,412

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 August 21, 2026.

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