Active Listing  ·  25 days on market

401 N Bluff Dr #10101

Austin, TX 78745
$425,000
2 Bed 3 Bath 1,343 sqft $316/sqft Built 2026 2.82 acres Pool New Construction Cannon West

*Additional units available! Reach out for full inventory. 33 unit community, only 14 units remaining.* Located within a thoughtfully designed South Austin community, North Bluff Residences, this home offers a blend of modern design, efficient living, and close-in convenience just minutes from South Congress and some of Austin’s most iconic dining, shopping, and entertainment. Inside, the home features a bright, open floorplan with an abundance of windows - including 8-foot windows in the living area - that bring in natural light throughout the day. The kitchen is equipped with Energy Star appliances and flows seamlessly into the main living area, creating a functional layout ideal for both everyday living and entertaining. A second living area on the second floor provides added flexibility, while a smart thermostat adds an extra layer of comfort and efficiency. A Ring security doorbell is included at the front entrance for added convenience and peace of mind. The primary features soaring vaulted ceilings with views of greenery, more bright picture windows, double closets, and an en-suite bath featuring a walk-in tile shower. The home includes a private wood-fenced yard - maintained by the HOA - offering outdoor space without the upkeep, as well as an attached carport for added convenience. With its clean design, low-maintenance features, and unbeatable access to South Congress and central Austin, this model home is a representation of easy, modern living in one of the city’s most desirable areas.

At $316/sqft, this home is 19% 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

401 N Bluff Dr #10101, Austin, TX 78745

Property Details

Price $425,000
Status Active Listing
Beds 2
Full Baths 2
Half Baths 1
Living Area 1,343 sqft
Lot Size 2.82 acres (122,795.64 sqft)
Year Built 2026
Garage ,
Stories ,
Type Residential · Condominium
Subdivision Cannon West
County Travis
Zip Code 78745
$/sqft $316/sqft
Days on Market ,
HOA $220/Monthly
Annual Tax Est. $8,653.56
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT241730284
List Date July 30, 2026
Elementary School Pleasant Hill
Middle School Bedichek
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.

Schedule a Call →

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
6300 Merriwood Dr
Flournoys Sweetbriar Sec 11
$425,000 $287 3 bd / 2 ba 1,481 sqft , 2025-12-28
5924 S Congress Ave #11S
Villages on Congress
$424,599 $264 3 bd / 4 ba 1,608 sqft , 2026-01-13
6509 Starstreak Dr
Buckingham Ridge Sec 01
$435,000 $343 3 bd / 2 ba 1,268 sqft , 2026-07-16
6716 Skynook Dr
Buckingham Ridge Sec 05
$440,000 $319 3 bd / 2 ba 1,380 sqft , 2026-08-07
509 Ramble Ln
Community Fairview Sec 01
$409,900 $342 3 bd / 2 ba 1,198 sqft , 2026-08-17

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
$2,040/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
$85,000
20% conventional investment loan

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

Estimated Gross Rent+$2,040
Principal + Interest−$2,319
Property Tax (~2.1% TX avg)−$744
Insurance (~0.5%)−$177
Est. Monthly Cash Flow $-1,200

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

More Luxury Homes in Austin

Loading…
View All Luxury Homes →
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 1, 2026.

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