Active Listing  ·  112 days on market

6718 Silvermine Dr #302

Austin, TX 78736
$209,000
2 Bed 2 Bath 1,072 sqft $195/sqft Built 1973 0.05 acres Pool Valley View Village Condo

Welcome to 6718 Silvermine Drive #302, a beautifully updated 2-bedroom, 1.5-bath condo ideally situated in one of Austin’s most convenient and growing areas.

Location is everything, and this property delivers—just minutes from major highways, making commuting to Downtown Austin, The Domain, and major employers quick and easy. Enjoy close proximity to a variety of shopping, dining, and entertainment options, along with nearby parks and everyday essentials.

Inside, this move-in-ready home features modern updates throughout, offering a clean and inviting living space perfect for homeowners or investors. The functional layout flows seamlessly, while the in-unit washer and dryer provide everyday convenience.

Step outside to your private porch—an ideal spot to relax and enjoy the Texas evenings.

An added bonus: potential for move-in prior to closing, offering flexibility that’s hard to find in today’s market.

Whether you're looking for a primary residence or a smart investment in a high-demand Austin location, this condo is a must-see.

At $195/sqft, this home is 50% 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

6718 Silvermine Dr #302, Austin, TX 78736

Property Details

Price $209,000
Status Active Listing
Beds 2
Full Baths 1
Half Baths 1
Living Area 1,072 sqft
Lot Size 0.05 acres (2,269.48 sqft)
Year Built 1973
Garage ,
Stories ,
Type Residential · Condominium
Subdivision Valley View Village Condo
County Travis
Zip Code 78736
$/sqft $195/sqft
Days on Market ,
HOA $481/Monthly
Annual Tax Est. $5,348.16
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT226023301
List Date April 14, 2026
Elementary School Patton
Middle School Small
High School Bowie
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
909 Reinli St #118
Verandas At Uptown Condo
$209,000 $239 2 bd / 2 ba 876 sqft , 2026-04-18
4361 S Congress Ave #402
Public Condos
$209,000 $253 1 bd / 1 ba 825 sqft , 2026-05-01
4415 Jackson Ave #4306
Grove Residential Development
$209,000 $238 1 bd / 1 ba 878 sqft , 2026-07-31
6409 Burns St #304
Quatro Add
$209,900 $254 2 bd / 2 ba 828 sqft , 2026-04-25
2425 Ashdale Dr #89
Summit Condo Amd
$209,900 $216 2 bd / 2 ba 974 sqft , 2026-06-02

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
$1,003/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
$41,800
20% conventional investment loan

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

Estimated Gross Rent+$1,003
Principal + Interest−$1,141
Property Tax (~2.1% TX avg)−$366
Insurance (~0.5%)−$87
Est. Monthly Cash Flow $-591

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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