Active Listing  ·  16 days on market

2720 Bristol Dr #2

Austin, TX 78723
$510,000
3 Bed 3 Bath 1,400 sqft $364/sqft Built 2025 0.13 acres 1-Car Garage Pool Highlands/University Hills Sec

This one is a rare find. A stand-alone condo with no HOA, backing straight to the greenbelt, and there is nothing else like it on the market right now.

Built in 2025, finished this past November, this home comes with the 1-2-10 warranty still fully intact. That means you get everything a brand new build offers and additional upgrades like the tankless water heater, smart lighting throughout, Design Within Reach fixtures, custom window treatments, without the wait or the uncertainty of building from the ground up.

The layout is 3 bedrooms, 2.5 baths, 1,400 square feet, with a large yard that most condos in this price range simply don't have. The enclosed 1-car garage is rare on its own, but the real feature is the slider off the back that opens straight onto the new hardiplank deck. This is where the greenbelt view actually does its job, morning coffee, evening wind-down, whatever you need it for.

Designer finishes run throughout, not just in the kitchen. This is a home built with intention, and it shows the moment you walk in.

No HOA. No wait. No compromise. Move in and start living in it like it's already yours.

At $364/sqft, this home is 7% 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

2720 Bristol Dr #2, Austin, TX 78723

Property Details

Price $510,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,400 sqft
Lot Size 0.13 acres (5,749.92 sqft)
Year Built 2025
Garage 1 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Highlands/University Hills Sec
County Travis
Zip Code 78723
$/sqft $364/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $4,782.49
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT242456589
List Date August 6, 2026
Elementary School Harris
Middle School Webb
High School Northeast Early College
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 →

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 · August 6, 2026 $524,999
Current ask $510,000
Reduced $14,999 (-2.9%) 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
1610 Larkwood Dr
DELWOOD
$515,000 $444 3 bd / 1 ba 1,159 sqft , 2026-07-10
7402 Bucknell Dr
University Hills Sec 04 Ph 03
$499,500 $301 4 bd / 2 ba 1,660 sqft , 2026-02-27
6905 Tulane Dr
Riverbend Sec 03c At University Hills
$499,000 $322 3 bd / 2 ba 1,548 sqft , 2026-07-01
6713 Haney Dr
University Hills Sec 01
$495,000 $399 3 bd / 2 ba 1,242 sqft , 2026-08-05
1602 Ashberry Dr
Colonial Hills Sec 02
$525,000 $409 3 bd / 2 ba 1,283 sqft , 2026-08-14

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
$2,448/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
$102,000
20% conventional investment loan

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

Estimated Gross Rent+$2,448
Principal + Interest−$2,783
Property Tax (~2.1% TX avg)−$893
Insurance (~0.5%)−$213
Est. Monthly Cash Flow $-1,441

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 →