Active Listing  ·  19 days on market

6006 Palm Cir

Austin, TX 78741
$200,000
3 Bed 2 Bath 1,135 sqft $176/sqft Built 1970 0.14 acres Pool Country Club Gardens Sec 04

Opportunity knocks in one of East Austin's most sought-after locations! This 3-bedroom, 1.5-bath home sits on a level, private lot shaded by mature trees and offers an open floor plan with great natural light and unique built-in shelving that adds both charm and functionality. Ceiling fans throughout provide added comfort, while the spacious backyard offers plenty of room to entertain, garden, or create your own outdoor retreat. Located just minutes from Downtown Austin, Mueller, the MLK corridor, local coffee shops, breweries, restaurants, parks, and all the vibrant amenities that make East Austin one of the city's most desirable neighborhoods. Whether you're looking for a primary residence, investment property, or renovation opportunity, this home offers outstanding potential in an unbeatable location. Don't miss your chance to make it your own!

At $176/sqft, this home is 55% 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

6006 Palm Cir, Austin, TX 78741

Property Details

Price $200,000
Status Active Listing
Beds 3
Full Baths 1
Half Baths 1
Living Area 1,135 sqft
Lot Size 0.14 acres (5,954.65 sqft)
Year Built 1970
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Country Club Gardens Sec 04
County Travis
Zip Code 78741
$/sqft $176/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $4,227.11
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT240157970
List Date July 16, 2026
Elementary School Baty
Middle School Ojeda
High School Del Valle
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
4500 E Oltorf St #D410
Monaco Condo Amd
$199,999 $199 2 bd / 2 ba 1,004 sqft , 2026-04-06
1411 N Gracy Farms Ln N #100
Reflections Of Walnut Creek Ii
$199,990 $192 2 bd / 3 ba 1,042 sqft , 2025-10-28
4507 E Martin Luther King Jr Blvd #133
Eagle View Place
$199,990 $165 2 bd / 2 ba 1,210 sqft , 2026-04-02
4306 Avenue A Ave #114
Park Place Condo
$199,900 $251 2 bd / 1 ba 798 sqft , 2026-06-14
11901 Swearingen Dr #110
Reflections Of Walnut Creek III
$199,900 $241 2 bd / 2 ba 829 sqft , 2026-08-02

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
$960/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
$40,000
20% conventional investment loan

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

Estimated Gross Rent+$960
Principal + Interest−$1,091
Property Tax (~2.1% TX avg)−$350
Insurance (~0.5%)−$83
Est. Monthly Cash Flow $-564

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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