Active Listing  ·  21 days on market

6708 Menchaca Rd #2

Austin, TX 78745
$399,000
2 Bed 3 Bath 1,575 sqft $253/sqft Built 2008 0.12 acres 1-Car Garage Pool La Vid Condo Amd

erfectly positioned in the heart of South Austin, this updated home offers the ideal blend of convenience, style, and low maintenance living just minutes from SOCO, South Lamar, Central Market, Whole Foods, Sprouts, Moontower, and Lustre Pearl. Freshly updated with brand new interior paint, new upstairs carpet, refreshed front and back landscaping, and updated appliances, the home is truly move in ready. The open concept floorplan features hardwood floors throughout the main living areas, high ceilings, granite countertops, stainless steel appliances, beautiful wood cabinetry, and abundant natural light. Upstairs, a spacious loft provides the perfect second living area, office, or flex space alongside two generously sized bedrooms and ample storage throughout. Additional features include a side by side washer and dryer, attached one car garage with opener, and a private outdoor space complete with deck and newly landscaped yard. Lawn care is included for easy lock and leave living. Directly across the street, enjoy additional parking and green space that adds to the open feel of the community. An exceptional opportunity to enjoy updated South Austin living in one of the city’s most convenient locations.

At $253/sqft, this home is 35% 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

6708 Menchaca Rd #2, Austin, TX 78745

Property Details

Price $399,000
Status Active Listing
Beds 2
Full Baths 2
Half Baths 1
Living Area 1,575 sqft
Lot Size 0.12 acres (5,083.45 sqft)
Year Built 2008
Garage 1 spaces
Stories ,
Type Residential · Condominium
Subdivision La Vid Condo Amd
County Travis
Zip Code 78745
$/sqft $253/sqft
Days on Market ,
HOA $340/Monthly
Annual Tax Est. $6,679.93
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT242218846
List Date August 3, 2026
Elementary School Cunningham
Middle School Covington
High School Crockett
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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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
6800 Menchaca Rd #13
Soma Village Condos
$399,900 $259 2 bd / 3 ba 1,542 sqft , 2026-04-21
2604 Cockburn Dr
Village Sec 06
$400,000 $326 3 bd / 2 ba 1,226 sqft , 2026-03-13
6407 Cannonleague Dr
Manchaca Estates Amd
$404,900 $309 3 bd / 2 ba 1,312 sqft , 2026-03-16
6800 Menchaca Rd #9
SoMa Village
$415,000 $249 3 bd / 3 ba 1,668 sqft , 2026-07-09
2500 Cockburn Dr
Village Sec 06
$424,000 $287 3 bd / 2 ba 1,476 sqft , 2026-06-05

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
$1,915/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
$79,800
20% conventional investment loan

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

Estimated Gross Rent+$1,915
Principal + Interest−$2,178
Property Tax (~2.1% TX avg)−$698
Insurance (~0.5%)−$166
Est. Monthly Cash Flow $-1,127

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 August 5, 2026.

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