Active Listing  ·  123 days on market

8200 Southwest Pkwy #321

Austin, TX 78735
$699,000
3 Bed 2 Bath 2,376 sqft $294/sqft Built 2015 0.40 acres 2-Car Garage Pool Escondera Condominium

Indulge in elevated living with this exquisite Austin condominium, where sophistication meets effortless comfort just minutes from downtown. From the private rooftop, take in sweeping panoramic views of the Austin skyline, or entertain in style on the expansive third-floor terrace, an ideal setting for sunset gatherings and refined outdoor living.

Inside, every detail has been thoughtfully curated, with designer finishes and timeless materials that create an atmosphere of understated luxury. The chefs kitchen is a true showpiece, featuring top-tier appliances, custom cabinetry, and generous workspace perfectly suited for both intimate dinners and grand entertaining.

The home offers spacious, well-appointed bedrooms designed for comfort and versatility, while the expansive primary suite serves as a serene, spa-inspired retreat with luxurious proportions and a tranquil ambiance for ultimate relaxation. Additional highlights include updated marble in the secondary upstairs bathroom, a spacious two-car garage and a pet-friendly environment, making it an ideal home for animal lovers.

Situated within an exclusive gated community, residents enjoy access to exceptional complex amenities, including a resort-style pool, fitness center, clubhouse, and scenic walking trails.

For added peace of mind, the A/C unit is backed by a comprehensive 34 year manufacturer warranty, including coverage by Carrier. Located in a highly acclaimed school district and just moments from Barton Creek, this residence combines elegance, privacy, and premier Austin living.

At $294/sqft, this home is 25% 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

8200 Southwest Pkwy #321, Austin, TX 78735

Property Details

Price $699,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 2,376 sqft
Lot Size 0.40 acres (17,606.95 sqft)
Year Built 2015
Garage 2 spaces
Stories ,
Type Residential · Condominium
Subdivision Escondera Condominium
County Travis
Zip Code 78735
$/sqft $294/sqft
Days on Market ,
HOA $760/Monthly
Annual Tax Est. $13,937
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT224602232
List Date April 3, 2026
Elementary School Oak Hill
Middle School O Henry
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.

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
700 Corral Ln
Circle S Ridge Sec 01
$699,000 $322 3 bd / 2 ba 2,171 sqft , 2026-04-03
8115 Rockwood Ln #B
Northtowne West Sec 01
$699,000 $342 3 bd / 3 ba 2,045 sqft , 2026-03-19
6129 Sendero Hills Pkwy
Meadows At Trinity Crossing Ph
$699,000 $241 4 bd / 3 ba 2,902 sqft , 2025-11-22
10004 Scull Creek Dr
River Place Sec 07B
$699,000 $260 4 bd / 3 ba 2,687 sqft , 2026-06-09
6805 Tulane Dr
University Hills Sec 03 Ph 01
$699,000 $426 4 bd / 2 ba 1,639 sqft , 2026-06-17

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
$3,355/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
$139,800
20% conventional investment loan

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

Estimated Gross Rent+$3,355
Principal + Interest−$3,815
Property Tax (~2.1% TX avg)−$1,223
Insurance (~0.5%)−$291
Est. Monthly Cash Flow $-1,974

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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