Active Listing  ·  164 days on market

8518 Cahill Dr #43

Austin, TX 78729
$293,000
3 Bed 3 Bath 1,476 sqft $199/sqft Built 2001 2-Car Garage Pool Proposed Courtyard Homes Ph 4

Nestled in the highly sought-after Northwest Austin area, this well-maintained three-bedroom, two-and-a-half-bath condominium home offers a perfect blend of comfort and style. With an abundance of natural light, the attractively designed open floor plan features a spacious living area complemented by a cozy gas fireplace and a built-in entertainment center, ideal for both relaxing evenings and effortless entertaining. The primary bedroom includes a large private bath area and two walk-in closets as an added convenience. Located within a peaceful gated community, this residence suits a variety of living alternatives—from young families to busy professionals, or those just looking for an easy lock-and-leave lifestyle. With close proximity to the Arboretum, The Domain, Lakeline Mall, Apple Campus, and just a short drive to UT Austin and Downtown, you will enjoy convenient access to premier shopping, dining, and major employers. Amenities include an indoor laundry, 1st floor ceramic tile, a nook for a home office or reading space, an attached two-car garage with generous storage or workshop space, a large walk-in attic with additional storage space, full room surround sound speaker hookups, wired alarm system, private courtyard, gated entry with remote access, community swimming pool and a fully fenced off-leash dog park. Recent updates include HVAC (2017), hot water heater (2021), all plumbing valves replaced (2021), new upstairs carpet (2025), refrigerator (2018) included with purchase.

At $199/sqft, this home is 49% 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

8518 Cahill Dr #43, Austin, TX 78729

Property Details

Price $293,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,476 sqft
Lot Size ,
Year Built 2001
Garage 2 spaces
Stories ,
Type Residential · Condominium
Subdivision Proposed Courtyard Homes Ph 4
County Williamson
Zip Code 78729
$/sqft $199/sqft
Days on Market ,
HOA $450/Monthly
Annual Tax Est. $4,840
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT220542851
List Date March 3, 2026
Elementary School Live Oak
Middle School Deerpark
High School McNeil
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 →

Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · March 3, 2026 $310,000
Previous ask $295,000
Current ask $293,000
Reduced $17,000 (-5.5%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

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
8518 W Cahill Dr #29
Courtyard Homes At Cobblestone Condo Ph 05
$290,000 $187 3 bd / 3 ba 1,550 sqft , 2026-03-22
8330 Fathom Cir #701
Concord Village Condo Sonesta West Sec 01A B
$279,500 $195 2 bd / 2 ba 1,432 sqft , 2026-05-15
8518 Cahill Dr #19
COURTYARD HOMES AT COBBLESTONE CONDO
$276,000 $189 3 bd / 3 ba 1,457 sqft , 2026-07-29
8330 Fathom Cir #505
Concord Village Condo Sonesta West Sec 01a B
$269,000 $188 2 bd / 2 ba 1,432 sqft , 2026-05-28
8518 Fathom Cir #107
Oak Shadows Condo
$317,000 $178 3 bd / 3 ba 1,781 sqft , 2025-11-17

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
$1,406/mo
0.48% rule · conservative Austin est.
Gross Yield
5.76%
Annual rent ÷ purchase price
Cap Rate (est.)
3.45%
NOI after 40% vacancy + expenses
Down Payment
$58,600
20% conventional investment loan

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

Estimated Gross Rent+$1,406
Principal + Interest−$1,599
Property Tax (~2.1% TX avg)−$513
Insurance (~0.5%)−$122
Est. Monthly Cash Flow $-828

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

More Luxury Homes in Austin

Loading…
View All Luxury Homes →
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 August 5, 2026.

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