Active Listing  ·  104 days on market

8009 Mellencamp Dr #212

Austin, TX 78744
$299,000
2 Bed 3 Bath 1,231 sqft $243/sqft Built 2022 0.02 acres 2-Car Garage Pool Easton Park

Beautifully appointed and thoughtfully designed, this free-standing condo in Easton Park offers stylish, low-maintenance living in one of Austin’s most sought-after master-planned communities. The 2-bedroom, 2.5-bath home features 1,231 square feet of inviting living space, timeless stucco-and-brick architecture, a rear-entry 2-car garage, and an enviable location just steps from guest parking and a short stroll to the community’s amenity center. Inside, an airy open-concept floor plan is enhanced by updated luxury vinyl plank flooring, custom built-ins, a wine fridge, and a beautifully appointed kitchen featuring modern finishes and a striking waterfall island, perfect for everyday living and entertaining. Upstairs, both bedrooms offer private en-suite baths, while the secondary bedroom includes a partitioned layout that can easily function as a home office, guest retreat, or flexible living space. A dedicated upstairs utility room adds everyday convenience.

Step outside to your private patio and xeriscaped yard, designed for effortless, low-maintenance outdoor living. As an Easton Park resident, enjoy an impressive array of amenities including a resort-style pool, fitness center, parks and trails, playgrounds, pickleball courts, dog parks, food trucks, retail, and dining. Conveniently located just minutes from downtown Austin, major employers, and Austin-Bergstrom International Airport, this home offers the perfect blend of comfort, style, and location.

Buyer Incentives: $3,000 toward closing costs and a temporary rate buy-down when using the seller’s preferred lender. Bonus: Complimentary removal of the partition wall with an executed contract.

At $243/sqft, this home is 38% below the Austin active market average of $393/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

8009 Mellencamp Dr #212, Austin, TX 78744

Property Details

Price $299,000
Status Active Listing
Beds 2
Full Baths 2
Half Baths 1
Living Area 1,231 sqft
Lot Size 0.02 acres (967.03 sqft)
Year Built 2022
Garage 2 spaces
Stories ,
Type Residential · Condominium
Subdivision Easton Park
County Travis
Zip Code 78744
$/sqft $243/sqft
Days on Market ,
HOA $115/Monthly
Annual Tax Est. $8,369.58
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT235968556
List Date June 11, 2026
Elementary School Newton Collins
Middle School Ojeda
High School Del Valle
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
7903 Sutcliffe Dr
Ep Residential Condos
$299,900 $195 3 bd / 3 ba 1,541 sqft , 2026-07-10
7712 Frida Bnd
Ep Residential Condos
$299,900 $191 3 bd / 3 ba 1,567 sqft , 2026-09-18
8211 Springsteen Dr
Ep Residential Condos
$299,990 $271 2 bd / 3 ba 1,108 sqft , 2026-03-09
8113 Springsteen Dr
Eston Park
$297,990 $271 2 bd / 3 ba 1,098 sqft , 2026-03-09
7407 Grand Linden Way
Easton Park
$295,000 $197 2 bd / 3 ba 1,495 sqft , 2026-07-09

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
$1,435/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
$59,800
20% conventional investment loan

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

Estimated Gross Rent+$1,435
Principal + Interest−$1,632
Property Tax (~2.1% TX avg)−$523
Insurance (~0.5%)−$125
Est. Monthly Cash Flow $-845

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 15, 2026.

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