Active Listing  ·  43 days on market

6406 Felix Ave #2

Austin, TX 78741
$319,900
3 Bed 3 Bath 1,088 sqft $294/sqft Built 2023 0.09 acres Pool 6406 Felix Avenue Site Condos

Discover a vibrant urban retreat at this captivating 2-story residence on Felix Ave, offering an exceptional blend of modern design and comfortable living. The home boasts a striking contemporary facade with clean lines and contrasting trim, featuring wood siding and a durable shingle roof. Step inside to an inviting open-concept living space, where a sleek kitchen seamlessly integrates with the comfortable seating area. The kitchen is a chef's delight, equipped with stainless steel appliances, including a dishwasher, microwave, range hood, and refrigerator, all complemented by a spacious kitchen island and breakfast bar, perfect for entertaining. Recessed lighting illuminates the space, creating an inviting ambiance. Ascend to the upper level where two serene bedrooms await. Each bedroom offers a tranquil escape, with some featuring vaulted ceilings and ample natural light. Ceiling fans provide comfort throughout, while a mix of wood and vinyl flooring adds warmth and style. The three full bathrooms are thoughtfully designed, with features such as double vanities and glass-enclosed showers, providing a spa-like experience. Wood fencing encloses the property, and a charming porch invites relaxation. This residence offers a sophisticated lifestyle in a desirable Austin location, providing easy access to local amenities and vibrant city life. To help visualize this home’s layout and showcase its potential, virtual furnishings may have been added to some of the photos included in this listing.

At $294/sqft, this home is 25% below the Austin active market average of $392/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

6406 Felix Ave #2, Austin, TX 78741

Property Details

Price $319,900
Status Active Listing
Beds 3
Full Baths 3
Half Baths ,
Living Area 1,088 sqft
Lot Size 0.09 acres (4,112.06 sqft)
Year Built 2023
Garage ,
Stories ,
Type Residential · Condominium
Subdivision 6406 Felix Avenue Site Condos
County Travis
Zip Code 78741
$/sqft $294/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $6,589.15
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT242974809
List Date August 11, 2026
Elementary School Allison
Middle School Martin
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.

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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 · August 11, 2026 $334,900
Current ask $319,900
Reduced $15,000 (-4.5%) 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
706 Valdez St #2
Valdez Condominiums
$329,900 $303 2 bd / 3 ba 1,087 sqft , 2026-07-10
6014 FAIRWAY St #2
6014 Fairway Street Site Condo
$329,900 $270 3 bd / 3 ba 1,224 sqft , 2026-08-22
1108 Vasquez St
Chernosky 16
$330,000 $258 3 bd / 2 ba 1,280 sqft , 2025-02-26
1101 Grove Blvd #708
Townhomes At Riverside Grove
$299,999 $248 2 bd / 3 ba 1,208 sqft , 2026-07-17
917 Vargas Rd #B
VARGAS ROAD SITE CONDOMINIUMS
$340,000 $330 2 bd / 2 ba 1,031 sqft , 2026-08-21

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
$1,536/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
$63,980
20% conventional investment loan

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

Estimated Gross Rent+$1,536
Principal + Interest−$1,746
Property Tax (~2.1% TX avg)−$560
Insurance (~0.5%)−$133
Est. Monthly Cash Flow $-903

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 September 10, 2026.

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