About This Home

Lovely, updated townhome style condo with yard that lives like a single family! 2 LARGE bedrooms + large flexible loft room upstairs that has been used as an office, game room, or 2nd living room. Fenced, private backyard with gate to extra parking and easy walk to the community pool. Very few units like this that have been updated in this complex. Located in the established Sweetbriar Garden Homes community, this home offers a low-maintenance lifestyle with convenient access to shopping, dining, entertainment, and major South Austin roadways. A wonderful opportunity to enjoy comfortable living in the heart of 78745!

At $270/sqft, this home is 31% 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

512 Eberhart Ln #1205, Austin, TX 78745

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Property Details

Price $389,000

Status Active Listing

Beds 2

Full Baths 2

Half Baths 1

Living Area 1,442 sqft

Lot Size 0.10 acres (4,530.24 sqft)

Year Built 2009

Garage 1 spaces

Stories ,

Type Residential · Condominium

Subdivision Sweetbriar Garden Homes Condom

County Travis

Zip Code 78745

$/sqft $270/sqft

Days on Market ,

HOA $353/Monthly

Annual Tax Est. $5,950

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT238415658

List Date July 2, 2026

Elementary School Pleasant Hill

Middle School Bedichek

High School Crockett

School District ,

Have Questions About This Property?

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 · July 2, 2026 $395,000

Current ask $389,000

▼ Reduced $6,000 (-1.5%) 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

6000 S Congress Ave #302
Village On Congress Condo Amd $385,000 $260 2 bd / 3 ba 1,479 sqft , 2026-03-19

902 Austin Highlands Blvd
Austin Highlands Sec 01 $384,888 $362 3 bd / 2 ba 1,064 sqft , 2026-07-10

6906 Moonmont Dr
Buckingham Ridge Sec 05 $397,000 $272 3 bd / 2 ba 1,460 sqft , 2026-07-03

604 N Bluff Dr #146
Skybridge Lofts $399,000 $215 3 bd / 3 ba 1,856 sqft , 2025-07-23

408 Blueberry Hl
Flournoys Sweetbriar Sec 11 $399,900 $405 3 bd / 2 ba 988 sqft , 2026-06-05

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

$1,867/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

$77,800

20% conventional investment loan

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

Estimated Gross Rent+$1,867

Principal + Interest−$2,123

Property Tax (~2.1% TX avg)−$681

Insurance (~0.5%)−$162

Est. Monthly Cash Flow $-1,099

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

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 August 1, 2026.

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

512 Eberhart Ln #1205