Active Listing  ·  39 days on market

8813 Mountain Shadows Cv #A

Austin, TX 78735
$379,900
2 Bed 3 Bath 1,564 sqft $243/sqft Built 2003 0.17 acres 1-Car Garage Pool Mountain Shadows Cove Condomin

Completely updated two-story residence, offering a serene private entrance and a welcoming covered front porch. This fully remodeled property features low HOA dues of $185 per month, an attached garage, a concrete driveway, and key infrastructure updates including a roof and water heater replaced in 2021, followed by an AC replaced in 2025.

Inside, an open floorplan seamlessly combines the living and dining spaces, highlighting high ceilings, crown molding, and luxury vinyl plank flooring with absolutely no carpet. New interior paint, new light fixtures, and ceiling fans run throughout the home. The kitchen is fully equipped with quartz counters, stone counters, a breakfast bar, and stainless-steel appliances including a microwave, oven, range, gas range, gas cooktop, dishwasher, and refrigerator.

The home offers three full bathrooms and comfortable bedrooms featuring ceiling fans and wood-look flooring. The primary bath is finished with a double vanity, stone counters, and a soaking tub. Built-in features add storage to the bathrooms, while a dedicated laundry closet or laundry room includes space for a washer and dryer.

Outdoor living functions beautifully with a private covered balcony finished with wood flooring. The private yard features a lawn, patio, and pavers, all enclosed by a wood privacy fence. Rain gutters and a satellite dish are installed on the exterior.

Conveniently located near the 290/71 Y at Oak Hill, this turn-key residence is move-in ready. Contact us today to arrange your private showing.

At $243/sqft, this home is 38% 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

8813 Mountain Shadows Cv #A, Austin, TX 78735

Property Details

Price $379,900
Status Active Listing
Beds 2
Full Baths 2
Half Baths 1
Living Area 1,564 sqft
Lot Size 0.17 acres (7,252.74 sqft)
Year Built 2003
Garage 1 spaces
Stories ,
Type Residential · Condominium
Subdivision Mountain Shadows Cove Condomin
County Travis
Zip Code 78735
$/sqft $243/sqft
Days on Market ,
HOA $185/Monthly
Annual Tax Est. $6,777.98
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT245023531
List Date August 30, 2026
Elementary School Oak Hill
Middle School Small
High School Austin
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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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 30, 2026 $395,000
Current ask $379,900
▼ Reduced $15,100 (-3.8%) 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
6705 Covered Bridge Dr #24
Gardens At Covered Bridge Condo
$365,000 $244 2 bd / 2 ba 1,497 sqft , 2026-04-01
8909 Mountain Shadows Cv #B
Mountain Shadows Cove Condo
$355,000 $253 3 bd / 3 ba 1,404 sqft , 2026-09-16
6705 Covered Bridge Dr #2
Gardens At Covered Bridge
$410,000 $207 3 bd / 3 ba 1,982 sqft , 2026-07-10
8400 Spring Valley Dr
Windmill Run Sec 02-A
$415,000 $266 3 bd / 3 ba 1,559 sqft , 2026-07-13
8501 Selway Dr
Windmill Run Sec 02-A
$449,900 $284 3 bd / 3 ba 1,582 sqft , 2026-08-07

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
$1,824/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
$75,980
20% conventional investment loan

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

Estimated Gross Rent+$1,824
Principal + Interest−$2,073
Property Tax (~2.1% TX avg)−$665
Insurance (~0.5%)−$158
Est. Monthly Cash Flow $-1,072

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 October 5, 2026.

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