Active Listing  ·  270 days on market

8518 Fathom Cir #107

Austin, TX 78750
$317,000
3 Bed 3 Bath 1,781 sqft $178/sqft Built 1978 0.07 acres 2-Car Garage Pool Oak Shadows Condo

This Northwest Austin condo is within a half mile from US-183, 3 minutes to H-E-B, 4.5 miles to Trader Joe's and the Arboretum, 5 miles to MoPac (TX 1 Loop), 5.5 miles to The Domain, and 6 miles to St. David's North Austin Medical Center. Nearby amenities include the Austin Aquarium and Balcones Country Club and Golf Course. Inside this welcoming condo with 1781 square feet, you'll find a two-story living space with skylights that pour in natural light; a well-designed galley kitchen with immaculate appliances including fridge and washer and dryer, under cabinet lighting, and plenty of storage; and a welcoming dining area that’s perfect for gathering. There are also three bedrooms (Primary is down) plus a two-story flex space (includes remote control shaded skylight) that can shift with whatever season of life you’re in...office, media room, playroom, you name it. You’ve also got 2 baths down (one half and one full) plus one jack-and-jill full bath upstairs. Bonus, there's also an attached two-car garage, which, let’s be honest, is basically gold in this price point.

Out back, the patio and small garden-friendly yard create the sweetest little retreat for morning coffee, fresh herbs, or just a quiet moment to yourself. The monthly HOA fee covers water, plus exterior maintenance and yard care.

And the location? Perfection! You’re in North Austin, right near the golf course, zoned to the highly desirable Westwood High School and Canyon Vista Middle School. A 3D tour is available on Zillow and a Walkthrough Tour and will be soon available on Homes website.

At $178/sqft, this home is 54% 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 Fathom Cir #107, Austin, TX 78750

Property Details

Price $317,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,781 sqft
Lot Size 0.07 acres (3,162.46 sqft)
Year Built 1978
Garage 2 spaces
Stories ,
Type Residential · Condominium
Subdivision Oak Shadows Condo
County Travis
Zip Code 78750
$/sqft $178/sqft
Days on Market ,
HOA $350/Monthly
Annual Tax Est. $6,442.34
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT212155651
List Date November 17, 2025
Elementary School Caraway
Middle School Canyon Vista
High School Westwood
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
8518 Cahill Dr #43
Proposed Courtyard Homes Ph 4
$293,000 $199 3 bd / 3 ba 1,476 sqft , 2026-03-03
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
7708 NW San Felipe Blvd
San Felipe Twnhms
$359,900 $216 2 bd / 3 ba 1,663 sqft , 2026-07-31

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
$1,522/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
$63,400
20% conventional investment loan

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

Estimated Gross Rent+$1,522
Principal + Interest−$1,730
Property Tax (~2.1% TX avg)−$555
Insurance (~0.5%)−$132
Est. Monthly Cash Flow $-895

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 July 28, 2026.

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