Active Listing  ·  13 days on market

6000 Shepherd Mountain Cv #1501

Austin, TX 78730
$299,900
2 Bed 2 Bath 999 sqft $300/sqft Built 1992 0.19 acres Pool Montevista Condo Ph 03 Amd

FIRST-FLOOR UPDATED CORNER UNIT + PRIVATE GREENBELT VIEWS + WRAP-AROUND PATIO. Enjoy low-maintenance living in this updated Northwest Austin condo, where privacy, outdoor space & everyday convenience come together. First-floor corner unit w/no stairs, only one shared wall, two reserved parking spaces & visitor spaces steps from the front door, plus a private covered wraparound patio overlooking the greenbelt. Step inside to a bright open floor plan with high ceilings, abundant natural light, LVP flooring throughout (no carpet) and cozy fireplace anchoring a spacious living/dining area. The kitchen keeps everyone connected with granite counters, breakfast bar, ample cabinetry & pantry storage. Bedrooms & baths are ideally located on opposite sides of the condo creating privacy for owners, guests or a home office. Storage is a standout, with walk-in primary closet, 2nd bedroom closet, coat, linen & outdoor storage closets. In-unit laundry closet adds convenience. Fridge, washer & dryer convey. A standout feature is the large, private covered wraparound patio - an extension of the living space w/room for seating & dining outside. Enjoy morning coffee surrounded by trees, dinner outdoors with friends, or simply unwind at the end of the day. Recent improvements include new flooring, fresh paint, a new air handler, water heater, and dishwasher, plus additional updates detailed in the attached list. HOA dues include water, trash, exterior and common-area maintenance, fence maintenance & landscaping + access to resort style amenities including 2 pools, spa/hot tub, 24-hour fitness center, clubhouse & BBQ areas. When it’s time to get outside: hike at Bull Creek Park, spend the day boating on Lake Austin, explore Emma Long Park, or simply relax poolside. Located off Loop 360 near 2222 and MoPac, with easy access to The Domain, downtown Austin & Austin Airport. Minutes to HEB, Costco, Target, the Arboretum, St. David’s Medical Center plus plenty of dining & shopping options.

At $300/sqft, this home is 24% 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

6000 Shepherd Mountain Cv #1501, Austin, TX 78730

Property Details

Price $299,900
Status Active Listing
Beds 2
Full Baths 2
Half Baths ,
Living Area 999 sqft
Lot Size 0.19 acres (8,450.64 sqft)
Year Built 1992
Garage ,
Stories ,
Type Residential · Condominium
Subdivision Montevista Condo Ph 03 Amd
County Travis
Zip Code 78730
$/sqft $300/sqft
Days on Market ,
HOA $472.94/Monthly
Annual Tax Est. $5,458.28
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT246293385
List Date September 10, 2026
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 · September 10, 2026 $315,000
Current ask $299,900
Reduced $15,100 (-4.8%) 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 Shepherd Mountain Cv #604
Montevista Condo Ph 02 Amd
$294,500 $321 2 bd / 2 ba 918 sqft , 2026-03-12
6804 N Capital Of Texas Hwy #311
Pointe 360 Condominiums
$270,000 $226 2 bd / 2 ba 1,197 sqft , 2026-08-24
6000 Shepherd Mountain Cv #1312
Montevista Condo Ph 02 Amd
$338,500 $339 2 bd / 2 ba 999 sqft , 2026-06-10
7211 Lakewood Dr #C111
Lakewood Condo Amd
$339,900 $298 2 bd / 2 ba 1,141 sqft , 2026-03-05
6000 Shepherd Mountain Cv #917
Montevista
$339,900 $370 2 bd / 2 ba 918 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
$1,440/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
$59,980
20% conventional investment loan

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

Estimated Gross Rent+$1,440
Principal + Interest−$1,637
Property Tax (~2.1% TX avg)−$525
Insurance (~0.5%)−$125
Est. Monthly Cash Flow $-847

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

More Luxury Homes in Austin

Loading…
View All Luxury Homes →
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 →