Active Listing  ·  20 days on market

512 Eberhart Ln #1905

Austin, TX 78745
$320,000
2 Bed 3 Bath 1,372 sqft $233/sqft Built 2009 0.11 acres 1-Car Garage Pool Sweetbriar Garden Homes Condominium

Charming South Austin condo that lives like a townhome. This well-maintained 2-story, 2-bedroom, 2.5-bath home offers 1,372 square feet of comfortable, easy living. Stained concrete floors flow throughout the main level, creating a sleek, low-maintenance foundation for the open floor plan. The kitchen features durable granite countertops, adding both style and everyday practicality. Upstairs, the spacious primary suite impresses with high ceilings and a generous walk-in closet.

Step outside to your own private backyard—an ideal spot for morning coffee, letting the pets roam, or entertaining friends as the sun goes down. A one-car garage adds extra convenience and storage. Tucked into an established community, you'll enjoy low-maintenance living with easy access to South Austin's best shopping, dining, and entertainment.

At $233/sqft, this home is 41% 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

512 Eberhart Ln #1905, Austin, TX 78745

Property Details

Price $320,000
Status Active Listing
Beds 2
Full Baths 2
Half Baths 1
Living Area 1,372 sqft
Lot Size 0.11 acres (4,843.87 sqft)
Year Built 2009
Garage 1 spaces
Stories ,
Type Residential · Condominium
Subdivision Sweetbriar Garden Homes Condominium
County Travis
Zip Code 78745
$/sqft $233/sqft
Days on Market ,
HOA $466.85/Monthly
Annual Tax Est. $6,655.54
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT245380020
List Date September 3, 2026
Elementary School Pleasant Hill
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.

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
8002 Persimmon Trl
Greenleaf Estates Sec 02
$320,000 $193 2 bd / 2 ba 1,654 sqft , 2026-09-03
6001 Leisure Run Rd
Turtle Creek Estates Sec 01
$315,000 $245 3 bd / 2 ba 1,287 sqft , 2026-02-12
604 North Bluff Dr #144
Skybridge Lofts
$325,000 $182 3 bd / 3 ba 1,785 sqft , 2026-07-09
6101 IDLEWOOD Cv
FLOURNOYS SWEETBRIAR SEC X
$329,900 $350 3 bd / 1 ba 943 sqft , 2026-07-09
604 N Bluff Dr #205
Skybridge Lofts Amd
$330,000 $239 2 bd / 3 ba 1,383 sqft , 2026-04-15

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
$1,536/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
$64,000
20% conventional investment loan

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

Estimated Gross Rent+$1,536
Principal + Interest−$1,746
Property Tax (~2.1% TX avg)−$560
Insurance (~0.5%)−$133
Est. Monthly Cash Flow $-903

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 September 22, 2026.

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