About This Home

Beautifully designed home featuring 2 bedrooms, a dedicated flex space, and 2 full bathrooms. The open-concept layout creates a spacious and inviting living area, while the kitchen offers ample cabinet storage. Enjoy the convenience of an in-unit laundry closet, a private front yard, and 2 reserved parking spaces. This home combines comfort, functionality, and thoughtful features in a welcoming setting.

This home is part of the affordale housing progrm. Buyer must meet the 80% MFI income limits. Please call listing agent for program details.

At $214/sqft, this home is 45% below the Austin active market average of $392/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

8601 W Gate Blvd #2104, Austin, TX 78745

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Property Details

Price $185,000

Status Active Listing

Beds 2

Full Baths 2

Half Baths ,

Living Area 866 sqft

Lot Size 0.09 acres (3,733.09 sqft)

Year Built 2020

Garage ,

Stories ,

Type Residential · Condominium

Subdivision Canopy of Westgate Grove Condominium

County Travis

Zip Code 78745

$/sqft $214/sqft

Days on Market ,

HOA $275.88/Monthly

Annual Tax Est. $3,472.33

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT246735780

List Date September 15, 2026

Elementary School Cowan

Middle School Covington

High School Bowie

School District ,

Have Questions About This Property?

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

3101 Davis Ln #9101
BRODIE HEIGHTS CONDOMINIUMS $199,000 $183 2 bd / 2 ba 1,090 sqft , 2026-09-09

3205 Burley Cv
Southampton Hills 03 $199,900 $197 2 bd / 1 ba 1,016 sqft , 2026-09-10

8601 W Gate Blvd #4203
CANOPY AT WESTGATE GROVE CONDOMINIUMS $159,000 $162 1 bd / 1 ba 982 sqft , 2026-08-28

8601 W Gate Blvd #8204
Canopy/Westgate Grove Condos $219,900 $253 2 bd / 2 ba 869 sqft , 2026-09-12

8601 W Gate Blvd #9104
Canopy/Westgate Grove Condos $229,000 $276 2 bd / 2 ba 831 sqft , 2026-03-27

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

$888/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

$37,000

20% conventional investment loan

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

Estimated Gross Rent+$888

Principal + Interest−$1,010

Property Tax (~2.1% TX avg)−$324

Insurance (~0.5%)−$77

Est. Monthly Cash Flow $-523

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

About the Author

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 September 16, 2026.

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

8601 W Gate Blvd #2104

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Austin, TX

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