Active Listing  ·  872 days on market

6823 Wolfcreek Pass #6

Austin, TX 78749
$549,900
3 Bed 4 Bath 2,116 sqft $260/sqft Built 2024 0.10 acres 2-Car Garage Pool New Construction Wedgewood Sec 01

-565 sf Private yard-

Welcome to Alder, where luxury living meets serene landscapes. Nestled atop a tree-lined hill in Southwest Austin, this property offers the perfect blend of urban convenience and natural tranquility. Just minutes away from Bee Cave, Dripping Springs, and Southwest Parkway, Alder provides easy access to both city amenities and the scenic beauty of the Texas Hill Country. As you approach Alder, you'll be greeted by its striking exterior design, featuring warm wood tones, expansive picture windows, modern-cut limestone, and classic smooth stucco. Step inside to discover a thoughtfully designed interior with features that cater to modern living: Expansive covered terraces on the living level invite you to relax and soak in the breathtaking views. The open kitchen/living floor plan with dedicated dining areas provides the perfect space for entertaining guests or enjoying family meals. Large modern windows flood the interiors with natural light, creating an inviting and airy atmosphere. The modern KitchenAid appliances in stainless steel add both style and functionality to the well-appointed kitchen. Indulge in luxury with 5-fixture primary baths featuring floating tubs in select homes, offering a spa-like retreat right at home. Generous walk-in closets with finish-out upgrade options ensure ample storage space for all your belongings. For those in need of a dedicated workspace, convenient study nooks and loft spaces are available in select homes, providing the perfect environment for productivity and creativity. Whether you're seeking a peaceful retreat or a vibrant urban lifestyle, Alder offers the best of both worlds. Don't miss your chance to experience the unparalleled luxury and convenience of Alder living. Schedule a viewing today and make Alder your new home sweet home.

At $260/sqft, this home is 34% 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

6823 Wolfcreek Pass #6, Austin, TX 78749

Property Details

Price $549,900
Status Active Listing
Beds 3
Full Baths 3
Half Baths 1
Living Area 2,116 sqft
Lot Size 0.10 acres (4,356 sqft)
Year Built 2024
Garage 2 spaces
Stories ,
Type Residential · Condominium
Subdivision Wedgewood Sec 01
County Travis
Zip Code 78749
$/sqft $260/sqft
Days on Market ,
HOA $225/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT121458814
List Date March 15, 2024
Elementary School Patton
Middle School Small
High School Austin
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 →

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 · March 15, 2024 $665,000
Previous ask $564,900
Current ask $549,900
Reduced $115,100 (-17.3%) 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
1315 Quail Park Dr
Quail Creek Ph 02 Sec 01
$549,900 $274 4 bd / 3 ba 2,006 sqft , 2026-03-04
8109 Peerless Pass
Skyline 2D Ph 3
$549,900 $228 4 bd / 4 ba 2,407 sqft , 2026-04-28
3604 Carla Dr
Walnut Place Sec 3
$549,900 $239 4 bd / 2 ba 2,300 sqft , 2026-05-08
9911 Woodshire Dr
Tanglewood Forest Sec 02 Ph A
$549,900 $311 4 bd / 2 ba 1,766 sqft , 2026-06-19
12500 Turkey Ridge Ct
Hunters Chase Sec 01
$549,900 $238 4 bd / 2 ba 2,314 sqft , 2026-07-10

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
$2,640/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
$109,980
20% conventional investment loan

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

Estimated Gross Rent+$2,640
Principal + Interest−$3,001
Property Tax (~2.1% TX avg)−$962
Insurance (~0.5%)−$229
Est. Monthly Cash Flow $-1,552

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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