Active Listing  ·  16 days on market

7901 Southwest Pkwy #40

Austin, TX 78735
$570,000
3 Bed 3 Bath 2,119 sqft $269/sqft Built 2006 0.30 acres 2-Car Garage Pool Sierra Vista Amd

Welcome to Sierra Vista, an exclusive gated community conveniently located a short drive from downtown Austin, the international airport, and the outdoor splendor of Texas Hill Country. This remarkable property seamlessly blends modern living with the beauty of nature. Twenty-six-foot ceilings, oversized windows, and views of the surrounding greenspace flood the main living area with light. Open and spacious, this 2,119-square-foot home offers three bedrooms, two-and-a-half bathrooms, and plenty of room for hosting gatherings and creating special moments.

The gourmet kitchen offers ample counter space, complete with an island with seating for two, a gas cooktop, and a modern stainless vent hood. Upstairs, an open-air loft offers flexible space for a home office or relaxation area, just off the secondary bedrooms.

Retreat to the primary suite, where an oversized window frames the greenspace beyond. The primary bathroom offers a soaking tub, freestanding shower, dual vanities, and a generous walk-in closet. Two additional, oversized bedrooms share a second bathroom, providing enough space and privacy for everyone.

Outside, your private outdoor sanctuary provides a spacious patio overlooking lush greenspace, the perfect atmosphere for relaxation after a long day. Enjoy easy access to an array of shops, restaurants, and entertainment nearby. Coupled with a two-car garage and ample storage, this home truly embodies the modern Austin lifestyle.

At $269/sqft, this home is 31% below the Austin active market average of $391/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

7901 Southwest Pkwy #40, Austin, TX 78735

Property Details

Price $570,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 2,119 sqft
Lot Size 0.30 acres (13,128.98 sqft)
Year Built 2006
Garage 2 spaces
Stories ,
Type Residential · Condominium
Subdivision Sierra Vista Amd
County Travis
Zip Code 78735
$/sqft $269/sqft
Days on Market ,
HOA $345/Monthly
Annual Tax Est. $11,194.91
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT242949590
List Date September 22, 2026
Elementary School Oak Hill
Middle School Small
High School Austin
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
6227 Aviara Dr #E3
Aviara Condo
$544,900 $212 4 bd / 3 ba 2,574 sqft , 2026-04-23
8505 Moccasin Path
The Enclave at Covered Bridge
$607,000 $376 3 bd / 2 ba 1,615 sqft , 2026-10-02
8200 Southwest Pkwy #302
Escondera Condo Bldg 3
$529,900 $281 2 bd / 3 ba 1,887 sqft , 2026-05-01
7913 Floracita Ln
Cayena
$650,000 $363 3 bd / 3 ba 1,791 sqft , 2026-06-29
8200 Southwest Pkwy #321
Escondera Condominium
$668,000 $281 3 bd / 2 ba 2,376 sqft , 2026-04-03

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
$2,736/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
$114,000
20% conventional investment loan

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

Estimated Gross Rent+$2,736
Principal + Interest−$3,111
Property Tax (~2.1% TX avg)−$998
Insurance (~0.5%)−$238
Est. Monthly Cash Flow $-1,611

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 23, 2026.

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