About This Home

Enjoy the convenience of a ground-floor, single-story condominium featuring a newly updated kitchen with new appliances and a functional, open layout. Both bathrooms have been fully remodeled, offering a refreshed. A closed-in back porch provides a versatile outdoor space suitable for relaxation or for your pets

Located near The Domain and within a short drive to Downtown Austin, this residence offers access to major employment centers, retail, dining, and entertainment.

Call today to schedule your private viewing of this condominium.

At $242/sqft, this home is 38% below the Austin active market average of $393/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

8888 Tallwood Dr #1106, Austin, TX 78759

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Property Details

Price $290,000

Status Active Listing

Beds 2

Full Baths 2

Half Baths ,

Living Area 1,196 sqft

Lot Size 0.06 acres (2,561.33 sqft)

Year Built 1982

Garage ,

Stories ,

Type Residential · Condominium

Subdivision 8888 Tallwood Condo Amd

County Travis

Zip Code 78759

$/sqft $242/sqft

Days on Market ,

HOA $598/Monthly

Annual Tax Est. ,

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT246072540

List Date September 12, 2026

Elementary School Hill

Middle School Murchison

High School Anderson

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

9525 N Capital of Tx Hwy None #636
Loop Condo $275,999 $233 2 bd / 2 ba 1,183 sqft , 2026-05-14

9226 Jollyville Rd #122
Arcadia Condo Amd $265,000 $231 1 bd / 2 ba 1,148 sqft , 2026-02-25

3809 Spicewood Springs Rd #150
Spicewood Point Twnhms Amd $247,000 $312 1 bd / 1 ba 792 sqft , 2026-01-21

9525 N Capital Of Texas Hwy #414
Loop Condo $239,000 $246 2 bd / 1 ba 972 sqft , 2026-06-05

8210 Bent Tree Rd #104
Arbors $238,500 $296 2 bd / 1 ba 805 sqft , 2026-04-06

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

$1,392/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

$58,000

20% conventional investment loan

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

Estimated Gross Rent+$1,392

Principal + Interest−$1,583

Property Tax (~2.1% TX avg)−$508

Insurance (~0.5%)−$121

Est. Monthly Cash Flow $-820

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 13, 2026.

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

8888 Tallwood Dr #1106

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Austin, TX

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