Active Listing  ·  130 days on market

8601 W Gate Blvd #9104

Austin, TX 78745
$229,000
2 Bed 2 Bath 831 sqft $276/sqft Built 2022 0.07 acres Pool Canopy/Westgate Grove Condos

Charming and move-in ready, this 2-bedroom, 2-bath home offers efficient and modern living in 831 sq ft. Built in 2022, the home features an open-concept layout with a well-designed kitchen showcasing shaker-style cabinetry and ample storage. The functional floor plan provides comfortable living spaces and privacy between bedrooms. One bathroom includes a walk-in shower for added convenience. Enjoy a private porch, perfect for relaxing outdoors. The property includes two assigned parking spaces. Ideal for low-maintenance living in a convenient Austin location.**PLEASE READ CAREFULLY **This condo is part of the Affordable Housing Program and MUST be sold to an income-qualified buyer who has applied and been APPROVED for the program. Gross household income must not exceed 100% of the Median Family Income. Please review the attached documents for the application process before texting or calling!! **

At $276/sqft, this home is 29% below the Austin active market average of $391/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

8601 W Gate Blvd #9104, Austin, TX 78745

Property Details

Price $229,000
Status Active Listing
Beds 2
Full Baths 2
Half Baths ,
Living Area 831 sqft
Lot Size 0.07 acres (3,223.44 sqft)
Year Built 2022
Garage ,
Stories ,
Type Residential · Condominium
Subdivision Canopy/Westgate Grove Condos
County Travis
Zip Code 78745
$/sqft $276/sqft
Days on Market ,
HOA $260/Monthly
Annual Tax Est. $4,621.27
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT223257884
List Date March 27, 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.

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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
4306 Avenue A None #105
Park Place Condo
$229,000 $305 2 bd / 1 ba 750 sqft , 2025-05-23
12310 Furrow Cv #A
Copperfield Twnhms Ph 02
$229,000 $240 2 bd / 2 ba 955 sqft , 2026-07-28
923 E 41st St #102
Dure Len C
$229,900 $255 2 bd / 1 ba 900 sqft , 2026-05-04
1200 E 52nd St #209
52 MUELLER CONDOMINIUMS
$229,999 $317 2 bd / 1 ba 725 sqft , 2026-04-30
4204 HUDSON BEND Rd #A
Vista Grande Condo
$230,000 $214 2 bd / 2 ba 1,074 sqft , 2024-12-31

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
$1,099/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
$45,800
20% conventional investment loan

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

Estimated Gross Rent+$1,099
Principal + Interest−$1,250
Property Tax (~2.1% TX avg)−$401
Insurance (~0.5%)−$95
Est. Monthly Cash Flow $-647

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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