Active Listing  ·  79 days on market

6000 Shepherd Mountain Cv #807

Austin, TX 78730
$249,900
2 Bed 1 Bath 814 sqft $307/sqft Built 1992 0.15 acres Pool Montevista Condo Ph 01 Amd

Set among the hills of Austin in the desirable Montevista community, this two bedroom ground-floor condo offers a quiet, elevated retreat just minutes from Lake Austin. With easy entry-level access and no stairs, the home provides everyday convenience along with a private back terrace overlooking the pool and lush community grounds. The unit is ideally positioned near its assigned parking space, clubhouse, and pool, offering a convenient location within the community while still feeling peaceful and private. Inside, the open living and dining areas are filled with natural light and framed by large windows, creating a bright and inviting feel throughout. The kitchen features granite countertops, stainless steel appliances, and a convenient breakfast bar that opens to the living area. Wood-style laminate flooring flows through the main living spaces and bedrooms, while the dining area offers built-in shelving and storage for added charm and function. Seller notes recent updates include A/C replacement in 2019 and water heater replacement in 2023. The HOA covers all utilities other than electric, and the current owner’s summer electric bills average around $70, even with A/C usage, offering added value for low-maintenance living. Montevista offers resort-style amenities including two sparkling pools, a relaxing spa, a well-equipped fitness center, and a clubhouse perfect for gathering with friends or neighbors. Outdoor enthusiasts will appreciate nearby hiking and biking trails, green space for relaxing or dog walking, the iconic Pennybacker Bridge, and convenient access to a boat and paddleboard launch. With quick access to Hwy 360 and 2222, plus an easy drive to the Arboretum, Domain, and downtown Austin, this home offers the perfect blend of nature, convenience, and low-maintenance living in one of Austin’s most scenic settings. Schedule your private showing today and experience the peaceful setting and everyday convenience for yourself.

At $307/sqft, this home is 22% 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 #807, Austin, TX 78730

Property Details

Price $249,900
Status Active Listing
Beds 2
Full Baths 1
Half Baths ,
Living Area 814 sqft
Lot Size 0.15 acres (6,673.39 sqft)
Year Built 1992
Garage ,
Stories ,
Type Residential · Condominium
Subdivision Montevista Condo Ph 01 Amd
County Travis
Zip Code 78730
$/sqft $307/sqft
Days on Market ,
HOA $387/Monthly
Annual Tax Est. $5,419.09
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT238345154
List Date July 6, 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.

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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 6, 2026 $263,000
Previous ask $250,000
Current ask $249,900
Reduced $13,100 (-5.0%) 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
6804 N Capital Of Texas Hwy #226
Pointe 360 Condos
$225,000 $210 2 bd / 2 ba 1,072 sqft , 2026-01-10
6000 Shepherd Mountain Cv #604
Montevista Condo Ph 02 Amd
$294,500 $321 2 bd / 2 ba 918 sqft , 2026-03-12
6000 Shepherd Mountain Cv #1501
Montevista Condo Ph 03 Amd
$299,900 $300 2 bd / 2 ba 999 sqft , 2026-09-10
6804 N Capital Of Texas Hwy #812
Pointe 360 Condominiums
$199,000 $186 2 bd / 2 ba 1,072 sqft , 2025-07-17
6804 N Capital Of Texas Hwy #422
Pointe 360 Condominiums
$180,000 $168 2 bd / 2 ba 1,072 sqft , 2026-09-02

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
$1,200/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
$49,980
20% conventional investment loan

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

Estimated Gross Rent+$1,200
Principal + Interest−$1,364
Property Tax (~2.1% TX avg)−$437
Insurance (~0.5%)−$104
Est. Monthly Cash Flow $-705

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 August 20, 2026.

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