Active Listing  ·  404 days on market

4116 Creek Ledge None #108

Austin, TX 78731
$499,000
2 Bed 3 Bath 1,922 sqft $260/sqft Built 1981 0.27 acres 2-Car Garage Pool Stoneledge Condo Ph 01-02

Open layout in Convenient Stoneledge – West Austin Living! Don’t miss this rare opportunity to own a stunning condo in the coveted Stoneledge community! Tucked off scenic 2222 near Mt. Bonnell and directly across from the beautiful, tree-filled HOA park and pool, this lock-and-leave gem offers both charm and convenience.

Built in 1981 and thoughtfully redesigned in 2012, this home features soaring ceilings, an open layout, fresh paint, recessed lighting, and recently installed luxury vinyl plank flooring. Updates include a spacious kitchen with a huge center island, granite countertops, custom cabinetry, gas range with stainless steel hood, and added windows for natural light. HVAC was upgraded during the renovation, and the water heater was replaced in 2021.

Inside you will find a spacious entry foyer with a double-sided fireplace providing separation from the living room while also maintaining open connectivity. A few steps lead to an elevated living room with vaulted ceilings, floor-to-ceiling glass doors, and access to a private patio—perfect for relaxing or entertaining.

The main-level primary suite is a peaceful retreat with a walk-in closet featuring custom shelving and an updated ensuite bath with a contemporary vanity and a gorgeous walk-in shower. Upstairs, enjoy engineered hardwood floors, a versatile loft living area, and a private secondary bedroom with its own ensuite bath.

Outside, the private Saltillo-tiled patio is surrounded by mature landscaping, shade trees, and privacy fencing. A two-car garage is included, with guest parking conveniently across the street. The HOA covers the tile roof, pool, and common areas. All just minutes from Downtown, Q2 Stadium, The Domain, and Lake Travis.

Schedule your showing today—this one won’t last!

At $260/sqft, this home is 34% below the Austin active market average of $393/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

4116 Creek Ledge None #108, Austin, TX 78731

Property Details

Price $499,000
Status Active Listing
Beds 2
Full Baths 2
Half Baths 1
Living Area 1,922 sqft
Lot Size 0.27 acres (11,765.56 sqft)
Year Built 1981
Garage 2 spaces
Stories ,
Type Residential · Condominium
Subdivision Stoneledge Condo Ph 01-02
County Travis
Zip Code 78731
$/sqft $260/sqft
Days on Market ,
HOA $592/Monthly
Annual Tax Est. $13,232.08
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT204787183
List Date August 15, 2025
Elementary School Highland Park
Middle School Lamar (Austin ISD)
High School McCallum
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 15, 2025 $585,000
Previous ask $544,000
Current ask $499,000
Reduced $86,000 (-14.7%) 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
5512 Oakwood Cv #162
Oakwood Hollow Condo Amd
$450,000 $260 3 bd / 3 ba 1,729 sqft , 2026-08-28
5701 Westslope Dr #17
Westslope Condo
$575,000 $426 2 bd / 3 ba 1,350 sqft , 2026-08-18
3607 Las Colinas Dr #B
Las Colinas Amd
$399,900 $293 2 bd / 3 ba 1,365 sqft , 2026-04-23
3609 Las Colinas Dr #A
Las Colinas Amended
$374,900 $286 3 bd / 3 ba 1,311 sqft , 2026-08-21

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
$2,395/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
$99,800
20% conventional investment loan

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

Estimated Gross Rent+$2,395
Principal + Interest−$2,723
Property Tax (~2.1% TX avg)−$873
Insurance (~0.5%)−$208
Est. Monthly Cash Flow $-1,409

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 24, 2026.

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