About This Home

Welcome to this beautifully updated one-bedroom, one-bathroom condo, featuring a brand-new kitchen and bathroom with modern finishes throughout. Enjoy elegant wood flooring, fresh paint, granite countertops, and stylish new fixtures that give the home a fresh, contemporary feel. Thoughtfully updated and move-in ready, this condo offers a perfect blend of comfort, style, and convenience. A wonderful opportunity for homeowners or investors alike!

At $261/sqft, this home is 33% 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

7685 Northcross Dr #306, Austin, TX 78757

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Property Details

Price $169,900

Status Active Listing

Beds 1

Full Baths 1

Half Baths ,

Living Area 650 sqft

Lot Size 0.03 acres (1,219.68 sqft)

Year Built 1986

Garage ,

Stories ,

Type Residential · Condominium

Subdivision Allandale The

County Travis

Zip Code 78757

$/sqft $261/sqft

Days on Market ,

HOA $329.24/Monthly

Annual Tax Est. $4,003.33

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT251247949

List Date October 29, 2026

Elementary School Gullett

Middle School Lamar (Austin ISD)

High School McCallum

School District Austin ISD

School District

Austin ISD

Gullett · Lamar (Austin ISD) · McCallum

Have Questions About This Property?

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

7920 Rockwood Ln #216
Royal Orleans North Condo Amd $167,000 $249 1 bd / 1 ba 672 sqft , 2026-07-24

6444 Burnet Rd #207
Burnet 64 Condominiums $174,900 $226 1 bd / 1 ba 775 sqft , 2026-04-13

2600 Penny Lane Ln #211
Victoria Square Condo $175,000 $211 2 bd / 2 ba 828 sqft , 2026-06-29

7685 Northcross Dr #1009
Allandale The $159,900 $246 1 bd / 1 ba 650 sqft , 2026-11-09

7685 Northcross Dr #908
The Allendale $179,900 $277 1 bd / 1 ba 650 sqft , 2026-09-13

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

$816/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

$33,980

20% conventional investment loan

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

Estimated Gross Rent+$816

Principal + Interest−$927

Property Tax (assumed ~2.1%)−$297

Insurance (assumed ~0.5%)−$71

Est. Monthly Cash Flow $-479

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 →

Neighborhood Context

About Allandale

Allandale is North Central Austin's original family neighborhood - platted in the 1950s and shaped by decades of homeowners who chose it for its tree-lined streets, strong schools, and community identity. Bounded roughly by 45th Street to the south, Koenig Lane to the north, MoPac to the west, and Burnet Road to the east, it occupies one of Austin's most convenient locations.

The housing stock is predominantly 1950s to 60s brick ranch homes - modest footprints on generous lots, many with mature live oaks that took 60 years to grow. Renovated Allandale homes command significant premiums, while original-condition homes represent some of the last attainable entry points in North Central Austin. New custom construction is an increasing presence as teardown economics make sense at these lot values.

🍽️

Burnet Road Corridor

Allandale's eastern edge is lined with some of Austin's best independent restaurants, coffee shops, and bars. Uchi, Violet Crown Cinema, Foreign & Domestic, Epoch Coffee - all within walking distance of many Allandale addresses.

🌳

Mature Tree Canopy

Sixty years of live oak growth creates a canopy that makes Allandale feel noticeably cooler and quieter than newer Austin neighborhoods. The trees are a defining asset - and an Austin Heritage Tree protection means they're here to stay.

🏫

McCallum High School

McCallum is one of Austin ISD's most respected high schools - known for its Fine Arts Academy (one of the top performing arts magnet programs in Texas) and strong academics. It's a major draw for families with high school-age children.

🚶

Walkable Errands

Allandale residents walk to coffee, restaurants, a hardware store, and neighborhood shops on a regular basis. It's not a walk-everywhere neighborhood, but the Burnet Road corridor makes daily errands genuinely walkable from the eastern half of the neighborhood.

Full Allandale Guide →

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

About the Author

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 4, 2026.

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

7685 Northcross Dr #306

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

About Allandale

Major Employers Near Austin, TX

More Luxury Homes in Austin

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