Active Listing  ·  62 days on market

5820 Berkman Dr #120

Austin, TX 78723
$170,000
1 Bed 1 Bath 633 sqft $269/sqft Built 1968 0.04 acres Pool Verandas On Berkman Condominiums

Located in a highly convenient central Austin setting near Mueller and Windsor Park, this residence offers easy access to local dining, shops, the farmers market, transit options, and many of the amenities that make Austin such a dynamic place to live. The home features a beautifully landscaped open courtyard that evokes a relaxed New Orleans-inspired ambiance, creating a welcoming and distinctive outdoor living experience. Thoughtful design and greenery enhance both privacy and curb appeal. Additional highlights include private gated parking, providing added convenience and security, along with community amenities such as a dog park and swimming pool. With its blend of location, character, and amenities, this property offers flexibility for a variety of lifestyles—whether as a low-maintenance city residence or a comfortable retreat for time spent in town. HOA Dues include Water, Gas, Sewer and Trash.

At $269/sqft, this home is 31% below the Austin active market average of $391/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

5820 Berkman Dr #120, Austin, TX 78723

Property Details

Price $170,000
Status Active Listing
Beds 1
Full Baths 1
Half Baths ,
Living Area 633 sqft
Lot Size 0.04 acres (1,921 sqft)
Year Built 1968
Garage ,
Stories ,
Type Residential · Condominium
Subdivision Verandas On Berkman Condominiums
County Travis
Zip Code 78723
$/sqft $269/sqft
Days on Market ,
HOA $295/Monthly
Annual Tax Est. $4,540.86
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT236213591
List Date June 13, 2026
Elementary School Harris
Middle School Webb
High School Northeast Early College
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.

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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 · June 13, 2026 $180,000
Current ask $170,000
Reduced $10,000 (-5.6%) 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
2706 Wheless Ln #401
Vista Alegre 02
$179,000 $239 1 bd / 1 ba 750 sqft , 2026-07-07
1200 E 52nd St #204
52 MUELLER CONDOMINIUMS
$180,500 $314 1 bd / 1 ba 575 sqft , 2026-01-27
909 Reinli St #240
Verandas at Uptown
$156,400 $258 1 bd / 1 ba 607 sqft , 2026-05-30
909 Reinli St #221
Verandas At Uptown Condo
$184,000 $316 1 bd / 1 ba 582 sqft , 2026-05-08
935 La Posada Dr #144
Flats at 935 Condos
$150,000 $284 1 bd / 1 ba 528 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
$816/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
$34,000
20% conventional investment loan

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

Estimated Gross Rent+$816
Principal + Interest−$928
Property Tax (~2.1% TX avg)−$298
Insurance (~0.5%)−$71
Est. Monthly Cash Flow $-481

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 July 29, 2026.

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