Active Listing  ·  80 days on market

3809 Menchaca Rd #C

Austin, TX 78704
$290,000
2 Bed 2 Bath 1,008 sqft $288/sqft Built 1972 0.06 acres Pool Coachlight Square

This home is located close to downtown and right off South Lamar without the hustle and bustle. This beautifully remodeled home offers the best of both worlds: easy access to everything Austin has to offer, tucked into a comfortable, welcoming setting. Remodeled within the last three years with all the major items already taken care of, this home features a stunning kitchen with updated appliances, fresh flooring throughout, a new roof installed in 2026, and a hot water tank just three years young. The spacious, light-filled layout welcomes you the moment you step inside, with a gorgeous downstairs flooded with natural light. Retreat upstairs to the primary bedroom, which opens to a private patio which is the perfect spot for morning coffee, afternoon sunshine, evening cocktails, or a quiet reading nook. A second patio at the back of the unit overlooks lush green space and is ideal for hosting friends and family. Enjoy fantastic HOA amenities including a community pool, ample shared yard space for pets, and inviting outdoor grill and fire pit areas. Parking is never a worry with two assigned spaces plus additional parking off the back patio. With quick access to the highway and major thoroughfares, downtown is just minutes away. You'll be surrounded by beloved local attractions like Radio Coffee, neighborhood restaurants, Pilates studios, thrift stores, convenient bus lines, and so much more. It's the perfect blend of comfort, convenience, and community. Don't miss your chance to call this stunning property home!

At $288/sqft, this home is 26% below the Austin active market average of $390/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

3809 Menchaca Rd #C, Austin, TX 78704

Property Details

Price $290,000
Status Active Listing
Beds 2
Full Baths 1
Half Baths 1
Living Area 1,008 sqft
Lot Size 0.06 acres (2,587.46 sqft)
Year Built 1972
Garage ,
Stories ,
Type Residential · Condominium
Subdivision Coachlight Square
County Travis
Zip Code 78704
$/sqft $288/sqft
Days on Market ,
HOA $374.42/Monthly
Annual Tax Est. $3,766.49
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT231434451
List Date May 26, 2026
Elementary School Joslin
Middle School Covington
High School Crockett
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 26, 2026 $305,000
Current ask $290,000
Reduced $15,000 (-4.9%) 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
2802 Nueces St #303
Wedgewood Condo
$290,000 $401 2 bd / 1 ba 723 sqft , 2026-03-13
4361 S Congress Ave #301
Public Condos Bldg 1
$290,000 $222 2 bd / 2 ba 1,305 sqft , 2026-02-06
3111 Tom Green St #208
Heritage Condo Amend
$290,000 $362 2 bd / 2 ba 802 sqft , 2026-04-04
4520 Graceful Ln #489
Chaparral Crossing Condo Amd
$290,000 $222 3 bd / 3 ba 1,308 sqft , 2026-05-25
5007 Fort Clark Dr
Park At Battle Bend Amd
$290,000 $235 3 bd / 2 ba 1,235 sqft , 2026-05-26

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
$1,392/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
$58,000
20% conventional investment loan

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

Estimated Gross Rent+$1,392
Principal + Interest−$1,583
Property Tax (~2.1% TX avg)−$508
Insurance (~0.5%)−$121
Est. Monthly Cash Flow $-820

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 8, 2026.

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