Active Listing  ·  24 days on market

8306 Mandela Bnd

Austin, TX 78744
$299,900
2 Bed 2 Bath 1,422 sqft $211/sqft Built 2021 0.02 acres 2-Car Garage Pool Ep Residential Condos

Where modern comfort meets a community full of life. This inviting Easton Park home blends bright, open living spaces with thoughtful touches and two outdoor spots to make your own. White cabinetry, stainless steel appliances, a contrasting tile backsplash, and a generous kitchen island anchor the main living area. Blue accents and an urban floor plan bring warmth and personality, while the connected layout makes it easy to cook, gather, and unwind. Step onto the covered balcony with your morning coffee, or enjoy the fenced side yard with its deck and minimal lawn care, offering a little outdoor escape without the maintenance. Best of all, you're steps away from the main heartbeat of the community.

Life here extends well beyond your front door. Easton Park’s abundance of amenities includes parks, trails, playgrounds, a dog park, and The Union, where a resort-style pool, fitness center, and gathering spaces bring the neighborhood together. Community events, live music, and Food Truck Fridays give you plenty to look forward to close to home. With convenient access to Tesla’s Gigafactory and Austin-Bergstrom International Airport, this home pairs everyday convenience with a neighborhood that invites you to get out and enjoy it. There is a lease in place until September 2027.

At $211/sqft, this home is 46% below the Austin active market average of $390/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

8306 Mandela Bnd, Austin, TX 78744

Property Details

Price $299,900
Status Active Listing
Beds 2
Full Baths 2
Half Baths ,
Living Area 1,422 sqft
Lot Size 0.02 acres (967.03 sqft)
Year Built 2021
Garage 2 spaces
Stories ,
Type Residential · Condominium
Subdivision Ep Residential Condos
County Travis
Zip Code 78744
$/sqft $211/sqft
Days on Market ,
HOA $115/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT250225617
List Date October 19, 2026
Elementary School Newton Collins
Middle School Ojeda
High School Del Valle
School District Del Valle ISD

Del Valle ISD

Newton Collins · Ojeda · Del Valle

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
7915 Mellencamp Dr
Easton Park
$300,000 $209 2 bd / 2 ba 1,437 sqft , 2026-04-24
8113 Springsteen Dr
Eston Park
$297,990 $271 2 bd / 3 ba 1,098 sqft , 2026-03-09
8009 Mellencamp Dr #212
Easton Park
$297,000 $241 2 bd / 3 ba 1,231 sqft , 2026-10-02
8509 Escovedo Dr #410
Ep Residential Condos
$309,000 $195 3 bd / 2 ba 1,583 sqft , 2026-05-04

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
$1,440/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
$59,980
20% conventional investment loan

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

Estimated Gross Rent+$1,440
Principal + Interest−$1,637
Property Tax (assumed ~2.1%)−$525
Insurance (assumed ~0.5%)−$125
Est. Monthly Cash Flow $-847

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 · 41 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. The written content was last updated on October 25, 2026.

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

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