Active Listing  ·  67 days on market

2605 Witsome Loop #40 C

Austin, TX 78741
$325,000
2 Bed 3 Bath 1,490 sqft $218/sqft Built 2013 1-Car Garage Pool Edgewick Condo

3 story, 2 bed, 2.5 bath Free standing Condo. Located in the highly sought after gated Edgewick Community. Modern open floor plan with tons of natural lighting. Spacious primary bedroom features high ceilings, walking closet., and a large bathroom with, an ample walk in shower. Secondary bed features a closet organization system, a dedicated bath with a tub and shower. This condo offers 2 balconies, a small fenced yard maintained by the HOA, an open space on the 3rd floor ideal for a reading nook or work from home area. Owners will have 1 garage parking space, 1 driveway, and access to 6 shared spaces on the same street. Garage has a walking storage closet. It includes a high efficiency stacked washer/dryer and upgraded appliances.Hardwood flooring throughout open area, tile in bathrooms, & carpet in bedrooms and stairs. Ecobee smart thermostats already installed, and the space is ready for Google Fiber or other high speed internet providers. Pre-wired security sensors on all doors and openable windows with optional professional monitoring available through Austin Central Security. This unit is pet friendly, steps away from the community dog park. Conveniently located a Only .5 miles from Mabel Davis Park and a short drive to SoCo, Downtown, Zilker Park, and Lady Bird Lake. Easy access to I-35 and 71. Public bus stops are located within a walking distance. The HOA covers the yard maintenance, sprinkler, exterior insurance, and common grounds maintenance. The grass has been enhanced.

At $218/sqft, this home is 44% 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

2605 Witsome Loop #40 C, Austin, TX 78741

Property Details

Price $325,000
Status Active Listing
Beds 2
Full Baths 2
Half Baths 1
Living Area 1,490 sqft
Lot Size ,
Year Built 2013
Garage 1 spaces
Stories ,
Type Residential · Condominium
Subdivision Edgewick Condo
County Travis
Zip Code 78741
$/sqft $218/sqft
Days on Market ,
HOA $366/Monthly
Annual Tax Est. $5,352.19
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT240191827
List Date July 18, 2026
Elementary School Linder
Middle School Lively
High School Travis
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 · July 18, 2026 $330,000
Current ask $325,000
Reduced $5,000 (-1.5%) 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
2009 Iroquois Ln #B
East Riverside - Oltorf
$325,000 $224 2 bd / 3 ba 1,450 sqft , 2026-03-17
909 E Oltorf St #201
Council Ridge Condominia Amd
$325,000 $252 3 bd / 2 ba 1,288 sqft , 2026-09-17
2001 Tramson Dr
Edgewick
$319,000 $215 3 bd / 3 ba 1,483 sqft , 2026-07-31
1904 Cleese Dr
Edgewick Condo
$315,000 $259 2 bd / 2 ba 1,216 sqft , 2026-07-29
2215 Post Rd #2076
Travis Oaks Condo Amd
$349,000 $357 2 bd / 2 ba 977 sqft , 2026-07-09

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
$1,560/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
$65,000
20% conventional investment loan

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

Estimated Gross Rent+$1,560
Principal + Interest−$1,774
Property Tax (~2.1% TX avg)−$569
Insurance (~0.5%)−$135
Est. Monthly Cash Flow $-918

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 September 18, 2026.

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