Active Listing  ·  160 days on market

2505 Thornton Rd #2211

Austin, TX 78704
$299,000
1 Bed 1 Bath 745 sqft $401/sqft Built 2017 3.96 acres Pool Thornton Trails

Welcome to Mirador, a condominium community located in the heart of South Austin's vibrant 78704 zip code. This unique property is a blend of sustainability and modern living providing the perfect balance of urban convenience and authentic Austin charm. Residents enjoy easy access to the bustling South Lamar area, with its trendy boutiques, popular dining options, and lively entertainment scene, while being just minutes away from downtown Austin.

Mirador features a variety of thoughtfully designed floor plans, from cozy one-bedroom units to spacious two-bedroom layouts, each crafted with attention to detail and quality finishes. Modern kitchens with stainless steel appliances, quartz countertops, and sleek cabinetry set the stage for culinary adventures, while open-concept living areas provide the perfect space for relaxation and entertaining.

This property stands out with unique amenities that include a brand new pickle ball court along with a community lounge and co-working space. The beautifully landscaped grounds offer peaceful outdoor spaces, such as a dog park, BBQ areas, a yoga lawn, and a community garden perfect for enjoying Austin’s sunny weather.

Living at Mirador means being part of a dynamic and diverse community, with nearby parks like Zilker Park and Barton Springs, live music venues, and a rich cultural tapestry of South Austin to explore.

Whether you’re an outdoor enthusiast, a foodie, or an art lover, Mirador offers endless opportunities for recreation and inspiration. The community prioritizes your peace of mind with secure access, covered parking, and designated parcel delivery areas to ensure a hassle-free living experience.

Don’t miss your chance to be part of this exciting new community; schedule a tour today and discover the lifestyle you’ve been dreaming of; We invite you to elevate your perspective. Option to purchase fully furnished!

At $401/sqft, this home is priced 3% above the Austin active market average of $391/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

2505 Thornton Rd #2211, Austin, TX 78704

Property Details

Price $299,000
Status Active Listing
Beds 1
Full Baths 1
Half Baths ,
Living Area 745 sqft
Lot Size 3.96 acres (172,715.4 sqft)
Year Built 2017
Garage ,
Stories ,
Type Residential · Condominium
Subdivision Thornton Trails
County Travis
Zip Code 78704
$/sqft $401/sqft
Days on Market ,
HOA $145/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT220505096
List Date February 25, 2026
Elementary School Zilker
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.

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
1304 Summit St #101
Sunnyvale Villas A Condo
$299,000 $391 2 bd / 1 ba 764 sqft , 2026-01-26
1910 Robbins Pl #105
Robbins Place Condo Amd
$299,000 $298 2 bd / 2 ba 1,005 sqft , 2026-01-28
2409 Leon St #201
Stoneleigh Condo
$299,000 $393 2 bd / 2 ba 761 sqft , 2026-06-10
800 Embassy Dr #305
The Tyndall at Robertson Hill
$299,000 $534 1 bd / 1 ba 560 sqft , 2026-07-08
2401 Leon St #210
Waterford Condo Amd
$299,000 $312 2 bd / 2 ba 958 sqft , 2026-07-14

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
$1,435/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
$59,800
20% conventional investment loan

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

Estimated Gross Rent+$1,435
Principal + Interest−$1,632
Property Tax (~2.1% TX avg)−$523
Insurance (~0.5%)−$125
Est. Monthly Cash Flow $-845

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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