Active Listing  ·  20 days on market

7337 Menchaca Rd #32

Austin, TX 78745
$500,000
4 Bed 3 Bath 2,268 sqft $220/sqft Built 2014 0.15 acres 2-Car Garage Pool Southbridge Villas Ph Ii Amd

Beautiful 4-bedroom condo in a wonderful South Austin location! Thoughtfully designed with the primary suite on the main level plus three spacious bedrooms upstairs and a huge game room/second living area. The open floorplan offers abundant natural light and a comfortable flow for everyday living and entertaining. Enjoy granite countertops, tile flooring, stainless steel appliances including refrigerator, and a 2-car garage. Step outside to a cozy fenced backyard shaded by mature trees—an inviting space to relax and enjoy the outdoors, with yard maintenance provided by the HOA. Conveniently located just off William Cannon with easy access to IH-35, MoPac and Hwy 290, plus an abundance of shopping, dining and entertainment nearby. Approximately 20 minutes to Downtown Austin, 15 minutes to Austin-Bergstrom International Airport and McKinney Falls State Park. A spacious and versatile home in a convenient South Austin setting!

At $220/sqft, this home is 44% 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

7337 Menchaca Rd #32, Austin, TX 78745

Property Details

Price $500,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths 1
Living Area 2,268 sqft
Lot Size 0.15 acres (6,490.44 sqft)
Year Built 2014
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Southbridge Villas Ph Ii Amd
County Travis
Zip Code 78745
$/sqft $220/sqft
Days on Market ,
HOA $140/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT246972849
List Date September 18, 2026
Elementary School Cunningham
Middle School Covington
High School Crockett
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
2717 Charlesworth Dr
Cherry Creek Ph Iv Sec 1 Resu
$499,995 $322 3 bd / 2 ba 1,553 sqft , 2026-08-22
708 Marc Taylor Dr
Taylor Estates Sec 01
$499,000 $174 4 bd / 3 ba 2,875 sqft , 2026-07-16
716 Bernstein St #5
Cooper Lane Condo
$515,000 $248 4 bd / 3 ba 2,080 sqft , 2026-09-18
6605 Woodhue Dr
Cooper Oaks Sec 02-A
$525,000 $322 4 bd / 3 ba 1,632 sqft , 2026-09-03
8107 Ermis Farm Rd
Novel
$462,990 $273 3 bd / 3 ba 1,698 sqft , 2026-09-10

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
$2,400/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
$100,000
20% conventional investment loan

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

Estimated Gross Rent+$2,400
Principal + Interest−$2,729
Property Tax (~2.1% TX avg)−$875
Insurance (~0.5%)−$208
Est. Monthly Cash Flow $-1,412

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 19, 2026.

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