Active Listing  ·  18 days on market

8000 Forest Mesa Dr #B

Austin, TX 78759
$525,000
2 Bed 2 Bath 1,298 sqft $404/sqft Built 1981 0.11 acres 2-Car Garage Pool Morningwood Condo Amd

Welcome to 8000 Forest Mesa Drive Unit B – a beautifully updated 2-bedroom, 2-bathroom townhome with a versatile upstairs loft, perfect for a home office, guest space, or creative retreat. Nestled in the heart of Northwest Austin, this home blends comfort, functionality, and style in one of the city’s most desirable locations. Updated in 2019 and 2026 , the interior features a modern kitchen with sleek stainless steel appliances, energy-efficient LED lighting throughout, double-paned windows, and remodeled bathrooms. New Garage door and opener. A new roof adds peace of mind, while the open layout and vaulted ceilings enhance the home’s light and airy feel. Step outside to your own private, fenced backyard shaded by tall trees—ideal for quiet mornings on the patio or relaxing evenings under the stars. Enjoy unbeatable convenience with quick access to major highways, top-rated schools, and some of Austin’s best shopping and dining, including local favorites like The Arboretum, Jack Allen’s Kitchen, and Alamo Drafthouse. Whether you're looking for a quiet retreat, a smart investment, or your next home base in Austin, this townhome checks all the boxes.

At $404/sqft, this home is priced 3% above the Austin active market average of $392/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

8000 Forest Mesa Dr #B, Austin, TX 78759

Property Details

Price $525,000
Status Active Listing
Beds 2
Full Baths 2
Half Baths ,
Living Area 1,298 sqft
Lot Size 0.11 acres (4,835.16 sqft)
Year Built 1981
Garage 2 spaces
Stories ,
Type Residential · Condominium
Subdivision Morningwood Condo Amd
County Travis
Zip Code 78759
$/sqft $404/sqft
Days on Market ,
HOA $400/Monthly
Annual Tax Est. $7,919
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT247414806
List Date September 20, 2026
Elementary School Hill
Middle School Murchison
High School Anderson
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
4323 Spicewood Springs Rd #10
Live Oak
$535,000 $322 2 bd / 3 ba 1,661 sqft , 2026-10-02
8005 Northforest Dr
Balcones West
$499,900 $357 3 bd / 2 ba 1,402 sqft , 2026-08-31
8302 Bradford Edward Cv #B
Bradford Condo 02
$499,000 $392 2 bd / 3 ba 1,273 sqft , 2026-09-23
3966 Far West Blvd
Chimney Oaks Twnhs
$495,000 $295 2 bd / 3 ba 1,680 sqft , 2026-06-19
8304 Millway Dr
Allandale Estates Sec 01
$569,000 $471 3 bd / 2 ba 1,208 sqft , 2026-08-27

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
$2,520/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
$105,000
20% conventional investment loan

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

Estimated Gross Rent+$2,520
Principal + Interest−$2,865
Property Tax (~2.1% TX avg)−$919
Insurance (~0.5%)−$219
Est. Monthly Cash Flow $-1,483

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 →