About This Home

Panoramic hill-country views, soaring vaulted ceilings, and resort-style amenities define this exceptional 2-bedroom, 2-bath condominium. The open living, dining, and kitchen spaces feel bright and expansive, flowing seamlessly to a large covered balcony ideal for enjoying sunrise coffee or evening sunsets. Spacious bedrooms and a peaceful, vacation-like setting create a true retreat while remaining conveniently located near shopping, dining, and major Austin destinations.

At $326/sqft, this home is 17% 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 #618, Austin, TX 78730

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Property Details

Price $375,000

Status Active Listing

Beds 2

Full Baths 2

Half Baths ,

Living Area 1,150 sqft

Lot Size 0.22 acres (9,709.52 sqft)

Year Built 1992

Garage ,

Stories ,

Type Residential · Condominium

Subdivision Montevista Condominium Community

County Travis

Zip Code 78730

$/sqft $326/sqft

Days on Market ,

HOA $544.81/Monthly

Annual Tax Est. ,

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT230869880

List Date May 21, 2026

Elementary School Highland Park

Middle School Lamar (Austin ISD)

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

7211 Lakewood Dr #E118
Lakewood Condo Amd $385,000 $342 2 bd / 2 ba 1,127 sqft , 2025-10-24

6000 Shepherd Mountain Cv #1112
Montevista Condo Ph 01 Amd $350,000 $304 2 bd / 2 ba 1,150 sqft , 2026-07-08

7205 Waldon Dr #N208
Lakewood Condo Amd $349,500 $248 3 bd / 2 ba 1,407 sqft , 2026-09-14

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

$1,800/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

$75,000

20% conventional investment loan

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

Estimated Gross Rent+$1,800

Principal + Interest−$2,047

Property Tax (~2.1% TX avg)−$656

Insurance (~0.5%)−$156

Est. Monthly Cash Flow $-1,059

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 June 20, 2026.

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

6000 Shepherd Mountain Cv #618

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Austin, TX

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