About This Home

Beautifully updated 2 BR, 2.5 BA condo in Crestview offering gated, covered parking and a quiet, well-kept community in the heart of North Central Austin. This bright, spacious home delivers a true lock-and-leave lifestyle for the busy professional, paired with the comfort of a peaceful retreat.

Enjoy easy access to the Domain, Downtown, the airport, I-35, and Hwy 183, making daily commuting and weekend plans effortless. The community welcomes up to two pets and features a dedicated dog run, shaded picnic areas, and private locked storage within the gated parking area—perfect for bikes, gear, or seasonal items.

Inside, natural light fills the open living spaces, creating a warm, inviting atmosphere. With its secure setting, thoughtful amenities, and unbeatable location, this Crestview condo offers convenience, comfort, and a lifestyle that’s hard to match.

At $195/sqft, this home is 50% 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

503 Swanee Dr #19, Austin, TX 78752

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Property Details

Price $299,500

Status Active Listing

Beds 2

Full Baths 2

Half Baths 1

Living Area 1,538 sqft

Lot Size 0.04 acres (1,716.26 sqft)

Year Built 2010

Garage 2 spaces

Stories ,

Type Residential · Condominium

Subdivision Crestview Amd

County Travis

Zip Code 78752

$/sqft $195/sqft

Days on Market ,

HOA $497.33/Monthly

Annual Tax Est. $7,928.82

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT245185721

List Date August 30, 2026

Elementary School Reilly

Middle School Webb

High School McCallum

School District ,

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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

935 La Posada Dr #212
La Costa $299,900 $286 2 bd / 2 ba 1,050 sqft , 2024-02-09

935 La Posada Dr #145
Flats/935 Condos Bldg 4 $300,000 $291 3 bd / 2 ba 1,030 sqft , 2026-02-03

206 E Wonsley Dr #2
St Anthony Village $300,000 $279 2 bd / 2 ba 1,074 sqft , 2026-03-20

312 Blackson Ave
St Johns Home Add $308,900 $248 3 bd / 2 ba 1,248 sqft , 2026-06-02

403 Blackson Ave
St Johns Home Add $279,000 $191 3 bd / 2 ba 1,458 sqft , 2026-08-31

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

$1,438/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

$59,900

20% conventional investment loan

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

Estimated Gross Rent+$1,438

Principal + Interest−$1,634

Property Tax (~2.1% TX avg)−$524

Insurance (~0.5%)−$125

Est. Monthly Cash Flow $-845

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 →

Neighborhood Context

About Crestview

Crestview has emerged over the past decade as one of Central Austin's best value stories - a neighborhood of genuine mid-century character that offers more home for the money than adjacent Hyde Park or Rosedale, while sharing many of the same location advantages. The neighborhood sits north of 45th Street between Lamar and Burnet Road, placing it equidistant between downtown Austin and the Domain tech corridor.

The commercial corridors bordering Crestview are some of North Austin's most interesting. Burnet Road to the west has become one of Austin's hippest streets - Epoch Coffee, the Violet Crown Social Club, 24 Diner, and dozens of bars and restaurants that have transformed the strip over the past decade. The neighborhood attracts a mix of young families, professionals in their 30s and 40s, and buyers who want mid-century architecture without the premium of Hyde Park or Rosedale.

🏠

Mid-Century Architecture

A high concentration of intact 1950s ranch homes and mid-century modern designs. Original details - terrazzo floors, clerestory windows, open beams - are common in well-preserved examples.

🍺

Burnet Road Corridor

One of Austin's most dynamic commercial strips runs along the neighborhood's western edge. Epoch Coffee, Violet Crown Social Club, 24 Diner, and dozens more restaurants and bars within easy walking or biking distance.

💰

Best Value in Central Austin

Crestview consistently offers lower prices per square foot than Hyde Park, Rosedale, or Tarrytown for comparable central location and school quality. The gap has been closing - buyers who moved in early have seen exactly this play out.

🎓

McCallum High School

McCallum's Fine Arts Academy is one of AISD's most distinctive programs - a magnet school known for music, theater, and visual arts that draws students from across the district. A genuine asset for families with creative kids.

Full Crestview Guide →

About the Author

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 September 1, 2026.

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

503 Swanee Dr #19

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

About Crestview

Major Employers Near Austin, TX

More Luxury Homes in Austin

503 Swanee Dr #19

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

About Crestview

Major Employers Near Austin, TX

More Luxury Homes in Austin

Explore Austin Real Estate