Active Listing  ·  2 days on market

7122 Wood Hollow Dr #86

Austin, TX 78731
$260,000
2 Bed 2 Bath 1,158 sqft $225/sqft Built 1979 0.06 acres 1-Car Garage Pool Edgecliff Nw Condo Amd

Experience the ease of condo living without sacrificing style, comfort, or convenience in this beautifully updated residence nestled within a secure gated community. From the moment you step inside, you'll be welcomed by soaring vaulted ceilings, abundant natural light, and an inviting open-concept floor plan designed for both everyday living and effortless entertaining. A cozy fireplace anchors the spacious living area, creating the perfect setting for relaxing evenings at home. The thoughtfully designed kitchen is sure to impress, featuring premium granite countertops, extensive cabinetry for exceptional storage, and a generous breakfast bar ideal for casual dining, meal prep, or gathering with family and friends. Upstairs, spacious bedrooms provide a peaceful retreat, complemented by a well-appointed full bathroom with a desirable double vanity that adds both style and functionality. Outside is your own private fenced courtyard, a tranquil outdoor sanctuary perfect for enjoying morning coffee, unwinding after a long day, or dining under the stars. Additional conveniences include an in-unit washer and dryer, a highly sought-after assigned covered parking space, and ample guest parking located just steps from your front door. Ideally situated between Downtown Austin and The Domain, you'll enjoy quick access to major tech employers, premier shopping, dining, and entertainment destinations. Everyday errands are effortless with H-E-B, CVS, and local favorites just across the street. Residents enjoy resort-style amenities including a sparkling pool and relaxing hot tub, while nearby UT Shuttle and CapMetro stops make commuting simple. Adding even more value, the property is zoned to highly acclaimed Doss Elementary, Murchison Middle School, and Anderson High School. Combining a prime location, exceptional amenities, and low-maintenance living, this move-in-ready condo is the perfect place to call home.

At $225/sqft, this home is 43% below the Austin active market average of $393/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

7122 Wood Hollow Dr #86, Austin, TX 78731

Property Details

Price $260,000
Status Active Listing
Beds 2
Full Baths 1
Half Baths 1
Living Area 1,158 sqft
Lot Size 0.06 acres (2,439.36 sqft)
Year Built 1979
Garage 1 spaces
Stories ,
Type Residential · Condominium
Subdivision Edgecliff Nw Condo Amd
County Travis
Zip Code 78731
$/sqft $225/sqft
Days on Market ,
HOA $450/Monthly
Annual Tax Est. $7,073.7
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT229946224
List Date September 21, 2026
Elementary School Doss (Austin ISD)
Middle School Murchison
High School Anderson
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.

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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
6501 E Hill Dr #111
Imperial Condo
$265,000 $245 2 bd / 2 ba 1,080 sqft , 2026-07-23
3840 Far West Blvd #101
Far West Skyline Condo
$250,000 $294 2 bd / 2 ba 849 sqft , 2026-03-18
3809 Spicewood Springs Rd #150
Spicewood Point Twnhms Amd
$247,000 $312 1 bd / 1 ba 792 sqft , 2026-01-21
7122 Wood Hollow Dr #71
Edgecliff NW Condo Amd
$279,500 $241 2 bd / 2 ba 1,158 sqft , 2026-08-26
3431 North Hills Dr #321
Balcones Towers Condo
$239,000 $189 3 bd / 2 ba 1,265 sqft , 2026-06-10

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
$1,248/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
$52,000
20% conventional investment loan

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

Estimated Gross Rent+$1,248
Principal + Interest−$1,419
Property Tax (~2.1% TX avg)−$455
Insurance (~0.5%)−$108
Est. Monthly Cash Flow $-734

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 September 22, 2026.

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