Active Listing  ·  11 days on market

8601 W Gate Blvd #8204

Austin, TX 78745
$219,900
2 Bed 2 Bath 869 sqft $253/sqft Built 2022 0.08 acres Pool Canopy/Westgate Grove Condos

Affordable Housing Opportunity: This unit is designated as an affordable housing residence. All prospective buyers must meet HUD income limits of the Median Family Income (MFI) to qualify. Income requirements and Affordable Housing Agreement covenants are available in the Documents section.

This 2-bedroom, 2-bathroom condo offering modern style, comfort, and convenience. Built in 2022, this thoughtfully designed home features luxury vinyl plank flooring throughout the main living areas, creating a contemporary and inviting living space, while the carpeted bedrooms provide a warm and comfortable retreat.

The spacious kitchen is ideal for both everyday living and entertaining, complete with sleek stainless steel appliances and ample workspace for the home chef. A conveniently located laundry closet is ready for a stackable washer and dryer, adding to the home's functionality.

Enjoy abundant natural light throughout the home and step outside to your private balcony, the perfect spot to sip your morning coffee, relax after a long day, or enjoy fresh air in your own outdoor living space.

Combining modern finishes, low-maintenance living, and a desirable floor plan, this meticulously maintained condo is a wonderful opportunity to own a stylish home in a sought-after community. Don't miss your chance to make this exceptional property your own!

At $253/sqft, this home is 35% 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 #8204, Austin, TX 78745

Property Details

Price $219,900
Status Active Listing
Beds 2
Full Baths 2
Half Baths ,
Living Area 869 sqft
Lot Size 0.08 acres (3,354.12 sqft)
Year Built 2022
Garage ,
Stories ,
Type Residential · Condominium
Subdivision Canopy/Westgate Grove Condos
County Travis
Zip Code 78745
$/sqft $253/sqft
Days on Market ,
HOA $159.02/Monthly
Annual Tax Est. $3,958.67
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT246653611
List Date September 12, 2026
Elementary School Cowan
Middle School Covington
High School Bowie
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
8601 W Gate Blvd #9104
Canopy/Westgate Grove Condos
$229,000 $276 2 bd / 2 ba 831 sqft , 2026-03-27
3205 Burley Cv
Southampton Hills 03
$199,900 $197 2 bd / 1 ba 1,016 sqft , 2026-09-10
6810 Deatonhill Dr #217
Victory Hill Condo
$199,500 $228 2 bd / 1 ba 876 sqft , 2026-08-29
3101 Davis Ln #9101
BRODIE HEIGHTS CONDOMINIUMS
$199,000 $183 2 bd / 2 ba 1,090 sqft , 2026-09-09
8601 W Gate Blvd #2104
Canopy of Westgate Grove Condominium
$185,000 $214 2 bd / 2 ba 866 sqft , 2026-09-15

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
$1,056/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
$43,980
20% conventional investment loan

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

Estimated Gross Rent+$1,056
Principal + Interest−$1,200
Property Tax (~2.1% TX avg)−$385
Insurance (~0.5%)−$92
Est. Monthly Cash Flow $-621

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 September 16, 2026.

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