Active Listing  ·  109 days on market

2520 Bluebonnet Ln #52

Austin, TX 78704
$624,995
4 Bed 3 Bath 1,950 sqft $321/sqft Built 2012 0.05 acres 2-Car Garage Pool Sola City Homes

Located in the heart of Austin’s vibrant 78704 corridor, 2520 Bluebonnet Ln #52 offers the ideal blend of modern comfort, functional design, and unbeatable walkability. Set within a well-maintained community just moments from South Lamar’s acclaimed restaurants, coffee shops, boutiques, and outdoor destinations, this residence delivers an effortless lock-and-leave lifestyle in one of the city’s most sought-after neighborhoods.

Inside, natural light fills the open-concept living spaces, where clean architectural lines, warm finishes, and thoughtfully designed interiors create a welcoming and refined atmosphere. The kitchen anchors the main living area with generous prep space, abundant cabinetry, and seamless flow for both daily living and entertaining.

The flexible floor plan offers well-separated bedrooms and multiple living spaces suited for guests, remote work, or everyday functionality. A spacious primary suite provides a quiet retreat, complemented by a well-appointed bath and generous closet space.

Enjoy the convenience of a private garage, low-maintenance living, and close proximity to some of Austin’s most iconic destinations, including South Lamar, Zilker Park, Barton Springs, and downtown Austin. With a highly walkable location and easy access to the city’s best dining, shopping, and recreation, this is 78704 living at its best.

At $321/sqft, this home is 18% 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

2520 Bluebonnet Ln #52, Austin, TX 78704

Property Details

Price $624,995
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 1,950 sqft
Lot Size 0.05 acres (2,387.09 sqft)
Year Built 2012
Garage 2 spaces
Stories ,
Type Residential · Condominium
Subdivision Sola City Homes
County Travis
Zip Code 78704
$/sqft $321/sqft
Days on Market ,
HOA $550/Monthly
Annual Tax Est. $12,837.45
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT229179818
List Date May 7, 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.

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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 · May 7, 2026 $649,000
Previous ask $625,000
Current ask $624,995
Reduced $24,005 (-3.7%) 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
2911 Corbin Ln
Crossing At Bouldin Creek The
$625,000 $325 3 bd / 4 ba 1,925 sqft , 2026-03-27
4008 Valley View Rd #A
Valley View Enclave Condominiu
$650,000 $405 3 bd / 3 ba 1,604 sqft , 2026-04-15
1011 Brodie St #8
BOULDIN CREEK COTTAGES AMEND
$650,000 $427 3 bd / 3 ba 1,521 sqft , 2026-06-25
4200 Valley View Rd #B
Valley View Condos
$599,000 $364 3 bd / 3 ba 1,644 sqft , 2026-07-09
2714 Stacy Ln #B
2714 Stacy Condos
$665,000 $422 3 bd / 3 ba 1,576 sqft , 2026-06-23

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
$3,000/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
$124,999
20% conventional investment loan

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

Estimated Gross Rent+$3,000
Principal + Interest−$3,411
Property Tax (~2.1% TX avg)−$1,094
Insurance (~0.5%)−$260
Est. Monthly Cash Flow $-1,765

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 13, 2026.

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