Active Listing  ·  42 days on market

2822 Wooldridge Dr #B

Austin, TX 78703
$825,000
2 Bed 3 Bath 1,460 sqft $565/sqft Built 2012 0.08 acres 1-Car Garage Pool Pemberton Heights

Nestled in the highly sought-after Pemberton Heights neighborhood, this contemporary townhome offers the perfect blend of modern design, comfort, and convenience. Built in 2012, this thoughtfully designed residence features 2 spacious bedroom suites on the upper level, creating a private retreat away from the main living spaces.

The striking modern exterior welcomes you inside to light-filled interiors highlighted by soaring ceilings, expansive windows, and seamless indoor-outdoor living. Handsome cabinetry anchors the main living spaces, lending itself to flexible living and smart storage. The inviting dining area opens directly to a private courtyard patio through oversized sliding glass doors, making it ideal for entertaining, al fresco dining, or enjoying a quiet morning coffee.

Outside, the fenced courtyard provides a low-maintenance outdoor oasis with ample space for gathering with friends and family. The home's clean architectural lines, contemporary finishes, and functional layout offer both style and practicality.

Additional features include a one-car garage, modern construction, and an exceptional location just minutes from downtown Austin, neighborhood parks, restaurants, and shopping. Enjoy the charm of Pemberton Heights with the convenience of lock-and-leave living in one of Austin's most desirable communities.

At $565/sqft, this home is priced 45% 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

2822 Wooldridge Dr #B, Austin, TX 78703

Property Details

Price $825,000
Status Active Listing
Beds 2
Full Baths 2
Half Baths 1
Living Area 1,460 sqft
Lot Size 0.08 acres (3,354.12 sqft)
Year Built 2012
Garage 1 spaces
Stories ,
Type Residential · Condominium
Subdivision Pemberton Heights
County Travis
Zip Code 78703
$/sqft $565/sqft
Days on Market ,
HOA $1,455/Annually
Annual Tax Est. $7,095
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT236946427
List Date June 23, 2026
Elementary School Casis
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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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
11622 Doyle Rd
RURAL
$825,000 $546 3 bd / 2 ba 1,512 sqft , 2026-05-13
2009 Payne Ave #2
Bellaire
$825,000 $530 3 bd / 3 ba 1,557 sqft , 2026-05-20
1208 Fairwood Rd
Delwood Sec 02
$825,000 $480 3 bd / 2 ba 1,719 sqft , 2026-06-11
44 East Ave #1407
44 East
$825,000 $676 2 bd / 2 ba 1,221 sqft , 2026-07-23
2007 Canterbury St #2
Driving Park Add
$829,500 $593 3 bd / 3 ba 1,400 sqft , 2026-04-17

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
$3,960/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
$165,000
20% conventional investment loan

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

Estimated Gross Rent+$3,960
Principal + Interest−$4,502
Property Tax (~2.1% TX avg)−$1,444
Insurance (~0.5%)−$344
Est. Monthly Cash Flow $-2,330

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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