Active Listing  ·  94 days on market

6205 Caddie St #1

Austin, TX 78741
$600,000
3 Bed 3 Bath 1,801 sqft $333/sqft Built 2021 0.09 acres 1-Car Garage Pool Addie Condo

Located in the heart of Montopolis, this well-appointed 3-bedroom, 2.5-bath home offers a functional layout, comfortable living spaces, and an ideal location just minutes from Downtown Austin, the Colorado River, and major employers. The main level features an open-concept design that seamlessly connects the kitchen, dining, and living areas, creating an inviting space for both everyday living and entertaining. Upstairs, the spacious bedrooms provide privacy and flexibility, including a primary suite with its own ensuite bath.

Step outside to enjoy a large covered patio, perfect for outdoor dining, relaxing, or hosting gatherings year-round. The fenced backyard offers plenty of space for pets, play, or gardening. An attached 1-car garage adds convenience and additional storage.

With close proximity to shopping, dining, coffee shops, and the Oracle Corporation campus, along with easy access to major highways and local hotspots. The additional unit in the back is also available for sale.

At $333/sqft, this home is 15% 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

6205 Caddie St #1, Austin, TX 78741

Property Details

Price $600,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,801 sqft
Lot Size 0.09 acres (3,859.42 sqft)
Year Built 2021
Garage 1 spaces
Stories ,
Type Residential · Condominium
Subdivision Addie Condo
County Travis
Zip Code 78741
$/sqft $333/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $11,699.67
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT228610496
List Date May 2, 2026
Elementary School Allison
Middle School Lively
High School Eastside 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.

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
8409 Nairn Dr
Deer Park At Maple Run Sec 10
$600,000 $268 4 bd / 3 ba 2,238 sqft , 2026-02-25
2818 E 22nd St #2
Austin Heights
$600,000 $311 3 bd / 3 ba 1,930 sqft , 2026-01-07
6216 Toscana Ave
Sendero Hills Ph 03 Amd Of
$600,000 $251 3 bd / 3 ba 2,388 sqft , 2026-04-16
6108 Bridlington Cir
Cherry Creek Ph 06 Sec 02 Amd
$600,000 $387 3 bd / 2 ba 1,552 sqft , 2026-04-10
1931 E 38th 1/2 St #62
Avion Park Condos
$600,000 $364 3 bd / 3 ba 1,650 sqft , 2026-06-09

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
$2,880/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
$120,000
20% conventional investment loan

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

Estimated Gross Rent+$2,880
Principal + Interest−$3,274
Property Tax (~2.1% TX avg)−$1,050
Insurance (~0.5%)−$250
Est. Monthly Cash Flow $-1,694

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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