Active Listing  ·  145 days on market

8518 W Cahill Dr #29

Austin, TX 78729
$290,000
3 Bed 3 Bath 1,550 sqft $187/sqft Built 2002 2-Car Garage Pool Courtyard Homes At Cobblestone Condo Ph 05

Welcome to this inviting condo nestled in a small, quiet community. This desirable corner unit offers extra privacy and a lovely yard—perfect for relaxing, gardening, or enjoying time outdoors.

Inside, you’ll find a comfortable and functional layout featuring 3 spacious bedrooms and 2 bathrooms upstairs, along with a versatile bonus room—ideal for a home office, playroom, or hobby space.

The main level includes a cozy family room with a fireplace, a bright breakfast area, and a convenient breakfast bar for casual dining or entertaining. Tile flooring adds durability and style downstairs, while brand-new carpet provides comfort upstairs.

Enjoy community amenities like a refreshing swimming pool, plus easy access to a nearby dog park—perfect for pet lovers!

This home offers comfort, convenience, and a great location—ready for its next owner to move in and enjoy.

At $187/sqft, this home is 52% 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 W Cahill Dr #29, Austin, TX 78729

Property Details

Price $290,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,550 sqft
Lot Size ,
Year Built 2002
Garage 2 spaces
Stories ,
Type Residential · Condominium
Subdivision Courtyard Homes At Cobblestone Condo Ph 05
County Williamson
Zip Code 78729
$/sqft $187/sqft
Days on Market ,
HOA $435/Monthly
Annual Tax Est. $6,437.43
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT221959564
List Date March 22, 2026
Elementary School Pond Springs
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 →

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
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
$1,392/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
$58,000
20% conventional investment loan

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

Estimated Gross Rent+$1,392
Principal + Interest−$1,583
Property Tax (~2.1% TX avg)−$508
Insurance (~0.5%)−$121
Est. Monthly Cash Flow $-820

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 June 28, 2026.

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