Active Listing  ·  95 days on market

6205 Caddie St #1 & 2

Austin, TX 78741
$1,000,000
5 Bed 4 Bath 2,494 sqft $401/sqft Built 2021 0.09 acres 1-Car Garage Pool Addie Condo

Rare opportunity to own a versatile property just minutes from downtown Austin featuring two separate single-family residences on one lot. The front home offers 3 bedrooms and 2.5 bathrooms with a functional, open layout connecting the kitchen to the living area. Interior finishes include white cabinetry, polished concrete floors, and stainless steel appliances, creating a clean, modern feel. The front unit also features a fenced yard with a large covered patio at the rear—ideal for outdoor living and entertaining—along with a one-car garage.

The second residence, located at the rear of the property, is a fully independent 2 bedroom, 1 bathroom home with its own private setting. It includes two covered parking spaces within a fenced and gated area, offering privacy and flexibility for occupants or guests.

This property presents an excellent opportunity for an owner to have a single family residence plus guest house on the same property or buyers looking for a multi-generational living setup.

Located in a prime Austin location near downtown, the property offers easy access to hike and bike trails, Colorado River Park, and major employers including Oracle. Dining, entertainment, and everyday conveniences are all nearby, making this an attractive option for both residents and guests.

At $401/sqft, this home is priced 3% above the Austin active market average of $391/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

6205 Caddie St #1 & 2, Austin, TX 78741

Property Details

Price $1,000,000
Status Active Listing
Beds 5
Full Baths 3
Half Baths 1
Living Area 2,494 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 $401/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $17,619
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT227808804
List Date May 1, 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
15108 General Williamson Dr
Cardinal Hills Estates Unit 16
$1,000,000 $361 4 bd / 4 ba 2,768 sqft , 2026-03-04
1701 Stanley Ave
Manchaca Estates
$1,000,000 $611 4 bd / 2 ba 1,638 sqft , 2026-05-15
2611 East Side Dr
Sherwood Oaks Sec 03
$1,000,000 $502 4 bd / 3 ba 1,993 sqft , 2026-06-19
2302 E 9th St
Grandview Place
$999,990 $422 4 bd / 3 ba 2,369 sqft , 2026-06-18
1912 Madison Ave
Crestview Add Sec 03
$999,900 $422 4 bd / 5 ba 2,368 sqft , 2026-07-31

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
$4,800/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
$200,000
20% conventional investment loan

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

Estimated Gross Rent+$4,800
Principal + Interest−$5,457
Property Tax (~2.1% TX avg)−$1,750
Insurance (~0.5%)−$417
Est. Monthly Cash Flow $-2,824

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 →