Active Listing  ·  20 days on market

7122 Wood Hollow Dr #73

Austin, TX 78731
$258,000
2 Bed 2 Bath 1,158 sqft $223/sqft Built 1979 0.06 acres 2-Car Garage Pool Edgecliff NW Condo Amd

This spacious, light-filled condominium offers a combination of comfortable living, thoughtful updates, and an unbeatable location.

Surrounded by mature trees and lush landscaping, this inviting home offers generous living spaces and a peaceful setting. Downstairs, the spacious living room features a cozy fireplace and opens to a private, fenced patio—perfect for relaxing or entertaining. The remodeled kitchen features upgraded appliances, and the refrigerator and washer/dryer are included.

Upstairs, the primary suite offers a private balcony. The beautifully renovated primary bath features dual sinks and generous closet space. A second bedroom provides flexibility for guests, a home office, or both.

Edge Cliff is located in one of Austin's most desirable neighborhoods, with easy access to MoPac, Highway 360, and US 183. The Domain, Arboretum, UT campus, and downtown Austin are all just a short drive away. Enjoy the convenience of nearby H-E-B, neighborhood restaurants, shops, salons, and more. Northwest Hills is also home to well-regarded schools, including Doss Elementary, Murchison Middle School, Anderson High School, and several private school options.

Even more value for buyers: Sellers have prepaid regular HOA assessments through December 2026, as well as the $5,000 special assessment for roof repairs. And this is one of the few units at Edge Cliff with two parking spaces.

Beautiful surroundings, generous living spaces, two parking spaces, and an exceptional Northwest Hills location—make yourself at home!

At $223/sqft, this home is 43% 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 #73, Austin, TX 78731

Property Details

Price $258,000
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 2 spaces
Stories ,
Type Residential · Condominium
Subdivision Edgecliff NW Condo Amd
County Travis
Zip Code 78731
$/sqft $223/sqft
Days on Market ,
HOA $450/Monthly
Annual Tax Est. $6,140
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT250733189
List Date October 23, 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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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
7122 Wood Hollow Dr #86
Edgecliff Nw Condo Amd
$260,000 $225 2 bd / 2 ba 1,158 sqft , 2026-09-21
6501 E Hill Dr #111
Imperial Condo
$261,900 $243 2 bd / 2 ba 1,080 sqft , 2026-07-23
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
8210 Bent Tree Rd #104
Arbors
$235,000 $292 2 bd / 1 ba 805 sqft , 2026-04-06

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
$1,238/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
$51,600
20% conventional investment loan

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

Estimated Gross Rent+$1,238
Principal + Interest−$1,408
Property Tax (assumed ~2.1%)−$452
Insurance (assumed ~0.5%)−$108
Est. Monthly Cash Flow $-730

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 November 3, 2026.

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

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