Active Listing  ·  2 days on market

7708 San Felipe Blvd #4

Austin, TX 78729
$327,000
2 Bed 2 Bath 1,501 sqft $218/sqft Built 2002 2-Car Garage Pool San Felipe Twnhms

North Austin one-story condo with 2 bedrooms, 2 full baths, a dedicated home office, 2-car garage and private fenced yard in the gated San Felipe community.

Inside, you'll find a spacious kitchen and living room with fireplace, plus a separate office that lets you work from home without giving up a bedroom. The private patio and fenced yard offer outdoor space without a lot of upkeep, and the community includes a pool.

Convenient to 183 and Parmer Lane, with H-E-B, major medical centers, The Domain, shopping, dining and entertainment nearby. Local spots along McNeil Drive include Pink Flamingo Food Court and longtime neighborhood favorite The Water Tank Bar & Grill.

Single-story living, a 2-car garage, private outdoor space and a central North Austin location—all with the convenience of condo living.

At $218/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

7708 San Felipe Blvd #4, Austin, TX 78729

Property Details

Price $327,000
Status Active Listing
Beds 2
Full Baths 2
Half Baths ,
Living Area 1,501 sqft
Lot Size ,
Year Built 2002
Garage 2 spaces
Stories ,
Type Residential · Condominium
Subdivision San Felipe Twnhms
County Williamson
Zip Code 78729
$/sqft $218/sqft
Days on Market ,
HOA $400/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT247000690
List Date October 6, 2026
Elementary School Pond Springs
Middle School Deerpark
High School McNeil
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.

Schedule a Call →

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
12902 Modena Trl
Milwood
$335,000 $247 3 bd / 3 ba 1,358 sqft , 2026-07-24
8518 Fathom Cir #107
Oak Shadows Condo
$317,000 $178 3 bd / 3 ba 1,781 sqft , 2025-11-17
7708 NW San Felipe Blvd
San Felipe Twnhms
$344,900 $207 2 bd / 3 ba 1,663 sqft , 2026-07-31
12918 Humphrey Dr
Milwood Sec 28
$345,000 $254 3 bd / 3 ba 1,358 sqft , 2026-06-13
6501 Columbia Oaks Ct #10
Columbia Square Condo
$345,000 $338 2 bd / 2 ba 1,021 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
$1,570/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
$65,400
20% conventional investment loan

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

Estimated Gross Rent+$1,570
Principal + Interest−$1,785
Property Tax (~2.1% TX avg)−$572
Insurance (~0.5%)−$136
Est. Monthly Cash Flow $-923

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 October 7, 2026.

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