Active Listing  ·  273 days on market

7122 Wood Hollow Dr #47

Austin, TX 78731
$285,000
2 Bed 2 Bath 1,158 sqft $246/sqft Built 1979 0.06 acres Pool Edgecliff NW Condo Amd

Discover stylish, comfortable living in this beautifully updated 2-bedroom, 1.5 bath condo ideally located in the gated Edgecliff NW community in Northwest Austin. Surrounded by mature oak trees and lush landscaping, this residence offers a peaceful setting just minutes from HEB, restaurants, The Domain, The Arboretum, major employers, and easy access to Mopac and Hwy 183. Step inside to a light-filled open floor plan featuring an updated kitchen designed for both style and function. Thoughtful improvements include refreshed cabinetry, modern countertops, updated fixtures, and stainless appliances — creating a clean, contemporary space that flows seamlessly into the dining and living areas. The inviting living room centers around a cozy updated fireplace and opens to the outdoors through updated sliding glass doors, enhancing natural light, energy efficiency and indoor-outdoor living. Both bathrooms have been tastefully updated, offering modern finishes, upgraded vanities, walk-in shower, and refreshed tile work that elevate the home’s overall feel. The spacious primary suite features vaulted ceilings, generous closet space, and an en-suite bath designed for comfort and convenience. A second bedroom provides flexibility for guests, a home office, or additional living space. Unit includes one covered parking spot and open parking for additional vehicles. Enjoy morning coffee or evening relaxation on your private patio or balcony, surrounded by peaceful greenery. Community amenities include a resort-style pool, and beautifully maintained grounds, with HOA coverage that simplifies ownership. The UT shuttle and City of Austin bus stops are located near the community gate. With thoughtful updates, prime location, and move-in ready appeal, this Northwest Austin condo offers the perfect blend of convenience, comfort, and modern style.

At $246/sqft, this home is 37% below the Austin active market average of $390/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

7122 Wood Hollow Dr #47, Austin, TX 78731

Property Details

Price $285,000
Status Active Listing
Beds 2
Full Baths 1
Half Baths 1
Living Area 1,158 sqft
Lot Size 0.06 acres (2,452.43 sqft)
Year Built 1979
Garage ,
Stories ,
Type Residential · Condominium
Subdivision Edgecliff NW Condo Amd
County Travis
Zip Code 78731
$/sqft $246/sqft
Days on Market ,
HOA $450/Monthly
Annual Tax Est. $6,134.32
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT219064501
List Date February 12, 2026
Elementary School Doss (Austin ISD)
Middle School Murchison
High School Anderson
School District Austin ISD

Austin ISD

Doss (Austin ISD) · Murchison · Anderson

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 · February 12, 2026 $324,000
Previous ask $300,000
Current ask $285,000
▼ Reduced $39,000 (-12.0%) 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
6501 E Hill Dr #111
Imperial Condo
$261,900 $243 2 bd / 2 ba 1,080 sqft , 2026-07-23
7122 Wood Hollow Dr #86
Edgecliff Nw Condo Amd
$260,000 $225 2 bd / 2 ba 1,158 sqft , 2026-09-21
7122 Wood Hollow Dr #73
Edgecliff NW Condo Amd
$258,000 $223 2 bd / 2 ba 1,158 sqft , 2026-10-23
7122 Wood Hollow Dr #14
Edgecliff NW Condo Amd
$244,000 $211 2 bd / 2 ba 1,158 sqft , 2026-10-20
3840 Far West Blvd #101
Far West Skyline Condo
$240,000 $283 2 bd / 2 ba 849 sqft , 2026-03-18

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
$1,368/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
$57,000
20% conventional investment loan

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

Estimated Gross Rent+$1,368
Principal + Interest−$1,555
Property Tax (assumed ~2.1%)−$499
Insurance (assumed ~0.5%)−$119
Est. Monthly Cash Flow $-805

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 · 41 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. The written content was last updated on October 24, 2026.

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

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