Active Listing  ·  107 days on market

6324 N Lamar Blvd #424

Austin, TX 78752
$189,900
1 Bed 1 Bath 562 sqft $338/sqft Built 2021 0.01 acres Pool Ellis Highline Condos

Built in 2021, Ellis Highline Condos offers one of the best bang for your buck deals in the city. Featuring complete modern finishes inside and out, you will struggle to find any other condo in Austin that is as nice for the price. This unit is leased to a tenant until 2027 at $1,200 per month and holds a limited leasing permit for the building that will transfer with the sale. The building is capped on the number of units that can be leased at any given time, so this permit is valuable. This condo is ideal for investors looking for a low maintenance property that is in a growing area of Austin. Contact the Gill Cave Group to schedule a viewing.

At $338/sqft, this home is 14% 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

6324 N Lamar Blvd #424, Austin, TX 78752

Property Details

Price $189,900
Status Active Listing
Beds 1
Full Baths 1
Half Baths ,
Living Area 562 sqft
Lot Size 0.01 acres (426.89 sqft)
Year Built 2021
Garage ,
Stories ,
Type Residential · Condominium
Subdivision Ellis Highline Condos
County Travis
Zip Code 78752
$/sqft $338/sqft
Days on Market ,
HOA $295/Monthly
Annual Tax Est. $4,144.14
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT228139164
List Date April 29, 2026
Elementary School Brentwood
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.

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
5300 Guadalupe St #6206
Northfeild
$195,000 $476 1 bd / 1 ba 410 sqft , 2026-05-31
6324 N Lamar Blvd #404
Ellis Highline Condos
$195,000 $347 1 bd / 1 ba 562 sqft , 2026-06-25
909 Reinli St #221
Verandas At Uptown Condo
$184,000 $316 1 bd / 1 ba 582 sqft , 2026-05-08
5601 Woodrow Ave #3-113
Woodrow Place Twnhms
$200,000 $323 1 bd / 1 ba 620 sqft , 2026-07-09
6324 N Lamar Blvd #212
Ellis Highline Condominium
$215,000 $302 1 bd / 1 ba 713 sqft , 2026-05-30

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
$912/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
$37,980
20% conventional investment loan

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

Estimated Gross Rent+$912
Principal + Interest−$1,036
Property Tax (~2.1% TX avg)−$332
Insurance (~0.5%)−$79
Est. Monthly Cash Flow $-535

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 July 28, 2026.

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