About This Home

***New Price***LOCATION, LOCATION, LOCATION!!! This house is at ideal location, it is so close and convenient to everything, employment like Apple and other high tech companies, shopping and only minutes to downtown Austin. Why rent when you can own this darling house. It is back to a greenbelt. Apple is only 5 minutes away. You will also enjoy a common pool area with children playscape, low HOA fees.

Realtors bring your clients now before it is taken.

At $257/sqft, this home is 34% 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

8800 White Ibis Dr #130, Austin, TX 78729

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Property Details

Price $355,000

Status Active Listing

Beds 3

Full Baths 2

Half Baths ,

Living Area 1,382 sqft

Lot Size 0.01 acres (392.04 sqft)

Year Built 2009

Garage 2 spaces

Stories ,

Type Residential · Condominium

Subdivision Parmer Village Condo

County Williamson

Zip Code 78729

$/sqft $257/sqft

Days on Market ,

HOA $90/Monthly

Annual Tax Est. $5,843.18

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT243524551

List Date August 14, 2026

Elementary School Live Oak

Middle School Deerpark

High School McNeil

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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Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · August 14, 2026 $365,000

Current ask $355,000

▼ Reduced $10,000 (-2.7%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

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

8509 Slant Oak Dr
Jolly Oaks $365,000 $284 3 bd / 2 ba 1,283 sqft , 2026-08-15

8322 Alvin High None
Milwood Sec 40a $370,000 $232 3 bd / 3 ba 1,593 sqft , 2026-09-22

13700 Sage Grouse Dr #701
Parmer Villas Condo Bldg 7 $385,000 $254 3 bd / 3 ba 1,516 sqft , 2026-08-19

9313 Longvale Dr
Village Oaks Sec 3 $399,000 $326 4 bd / 2 ba 1,223 sqft , 2026-09-24

13201 Briar Hollow Dr
Springwoods Sec 02e $400,000 $255 3 bd / 2 ba 1,567 sqft , 2026-09-09

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

$1,704/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

$71,000

20% conventional investment loan

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

Estimated Gross Rent+$1,704

Principal + Interest−$1,937

Property Tax (~2.1% TX avg)−$621

Insurance (~0.5%)−$148

Est. Monthly Cash Flow $-1,002

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 30, 2026.

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

8800 White Ibis Dr #130