Active Listing  ·  62 days on market

7203 Coronado Cir

Austin, TX 78752
$260,000
3 Bed 2 Bath 1,365 sqft $190/sqft Built 1978 0.04 acres 2-Car Garage Pool Villas Coronado Hills Rev 1995

Welcome to Villas of Coronado Hills! This rare 3-bedroom, 2-bath condominium offers a desirable two-story floor plan with vaulted ceilings, abundant natural light, a cozy wood-burning fireplace, and an attached two-car garage. The private fenced yard provides a rare outdoor space for relaxing, gardening, or pets.

Priced to reflect its current condition, this home presents an excellent opportunity for buyers looking to personalize a property and build equity. While updates and improvements are needed, the functional layout, generous living spaces, and outstanding central Austin location provide a strong foundation for your vision.

Conveniently located near major employers, shopping, restaurants, entertainment, and commuter routes, this home offers exceptional value for owner-occupants and investors alike. A rare three-bedroom floor plan, private yard, attached garage, and attractive price point make this an outstanding opportunity in an established Austin community.

At $190/sqft, this home is 52% 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

7203 Coronado Cir, Austin, TX 78752

Property Details

Price $260,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,365 sqft
Lot Size 0.04 acres (1,759.82 sqft)
Year Built 1978
Garage 2 spaces
Stories ,
Type Residential · Condominium
Subdivision Villas Coronado Hills Rev 1995
County Travis
Zip Code 78752
$/sqft $190/sqft
Days on Market ,
HOA $381/Monthly
Annual Tax Est. $3,845.43
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT235701223
List Date June 23, 2026
Elementary School Andrews
Middle School Webb
High School Northeast Early College
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
1904 Rosetti Dr #109
Old Town Condo Rev 1998
$260,000 $179 3 bd / 3 ba 1,452 sqft , 2026-06-04
6406 Chimney Creek Cir #B
Chimney Creek Condo
$259,000 $210 3 bd / 3 ba 1,236 sqft , 2026-07-25
7306 Bethune Ave
St Johns College Add
$250,000 $227 3 bd / 1 ba 1,102 sqft , 2026-06-12
6901 Blessing Ave
Black A K 01
$275,000 $243 3 bd / 2 ba 1,131 sqft , 2026-07-28
2000 Millay Dr
Old Town Condo Rev 1998
$240,000 $132 3 bd / 3 ba 1,822 sqft , 2026-04-22

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 July 14, 2026.

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