Active Listing  ·  465 days on market

7051 Meadow Lake Blvd #8203

Austin, TX 78744
$151,470
2 Bed 1 Bath 897 sqft $169/sqft Built 2025 0.03 acres Pool Persimmon Point

Located at 7051 Meadow Lake Blvd #8201, Austin, TX 78744, this modern two-bedroom, one-bathroom condominium offers an excellent opportunity to own a stylish and well-crafted home in one of Austin’s thriving communities. Built in 2025, this residence features thoughtful design and quality finishes that make everyday living both comfortable and convenient.

Step into the modern kitchen, where stone countertops provide a sleek, durable surface, shaker-style cabinets offer generous storage, and a stylish backsplash adds a refined touch. The kitchen peninsula creates additional workspace and serves as a great spot for casual dining or hosting friends.

The open-concept layout promotes easy flow between living areas, enhancing the sense of space and connection throughout the home. Large windows bring in natural light, while the well-planned layout ensures every square foot is used efficiently.

With its blend of contemporary style and functional design, this condo is a smart and inviting choice—perfect for anyone looking to own in Austin’s competitive market.

Estimated completion: May 2025

***Please Note: This home is part of the City of Austin’s Affordable Housing Program and must be sold to an income-qualified buyer who has completed the application and approval process. The household’s gross income must not exceed 80% of the Median Family Income (MFI) to be eligible.***

At $169/sqft, this home is 57% 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

7051 Meadow Lake Blvd #8203, Austin, TX 78744

Property Details

Price $151,470
Status Active Listing
Beds 2
Full Baths 1
Half Baths ,
Living Area 897 sqft
Lot Size 0.03 acres (1,219.68 sqft)
Year Built 2025
Garage ,
Stories ,
Type Residential · Condominium
Subdivision Persimmon Point
County Travis
Zip Code 78744
$/sqft $169/sqft
Days on Market ,
HOA $235/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT197251603
List Date May 16, 2025
Elementary School Perez
Middle School Mendez
High School Akins
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
2102 Blue Meadow Dr
South Creek-South Sec 01
$150,500 $209 2 bd / 2 ba 720 sqft , 2026-08-15
7051 Meadow Lake Blvd #9302
Persimmon Point
$157,080 $153 2 bd / 2 ba 1,024 sqft , 2026-07-31
5922 Little Creek Trl
Village At Pleasant Valley Sec
$195,000 $216 2 bd / 1 ba 901 sqft , 2025-11-13

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
$727/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
$30,294
20% conventional investment loan

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

Estimated Gross Rent+$727
Principal + Interest−$827
Property Tax (~2.1% TX avg)−$265
Insurance (~0.5%)−$63
Est. Monthly Cash Flow $-428

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 31, 2026.

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