Active Listing  ·  147 days on market

8888 Tallwood Dr #1107

Austin, TX 78759
$169,000
1 Bed 1 Bath 598 sqft $283/sqft Built 1982 0.03 acres Pool 8888 Tallwood Condo Amd

Calling all investors and first-time buyers! It’s rare to find a Northwest Austin condo that checks this many boxes — character, convenience, and real value all in one.

Unit 1107 at 8888 Tallwood Drive welcomes you with rich hardwood floors and a cozy wood-burning fireplace — the kind of details that instantly make it feel like home. The open kitchen flows right into the living space, and your private balcony gives you a quiet spot to unwind just steps away.

Being on the ground floor means easy access — no elevators, no hassle — plus a seamless indoor-outdoor feel. The gated community features a resort-style pool and a sport court, perfect for your fitness goals. The HOA covers water, sewer, trash, and parking, keeping things simple and predictable.

Whether you’re a first-time buyer ready to put down roots, an investor looking for rental potentials, a downsizer wanting low-maintenance living, or a professional who values a great location — this one has the perfect fit. The location is hard to beat. Just 2 minutes to the Arboretum, 5 to the Domain, and about 15 to Downtown via MoPac. Whole Foods, H-E-B, and some of Austin’s best dining spots are all nearby. Zoned to Hill Elementary, Murchison Middle, and Anderson High. This is one you don’t want to miss — Book your tour today!

At $283/sqft, this home is 28% 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 #1107, Austin, TX 78759

Property Details

Price $169,000
Status Active Listing
Beds 1
Full Baths 1
Half Baths ,
Living Area 598 sqft
Lot Size 0.03 acres (1,263.24 sqft)
Year Built 1982
Garage ,
Stories ,
Type Residential · Condominium
Subdivision 8888 Tallwood Condo Amd
County Travis
Zip Code 78759
$/sqft $283/sqft
Days on Market ,
HOA $276.28/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT227897718
List Date April 29, 2026
Elementary School Hill
Middle School Murchison
High School Anderson
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
2425 Ashdale Dr #78
Summit Condo Amd
$169,000 $260 1 bd / 1 ba 651 sqft , 2026-07-06
7406 Shadow Hill Dr #104
Shadow Oaks Twnhms
$168,500 $242 1 bd / 1 ba 696 sqft , 2026-09-11
8210 Bent Tree Rd #235
Arbors
$169,500 $265 1 bd / 1 ba 640 sqft , 2026-06-02
7920 Rockwood Ln #216
Royal Orleans North Condo Amd
$167,000 $249 1 bd / 1 ba 672 sqft , 2026-07-24
7920 Rockwood Ln #203
Royal Orleans North Condo Amd
$165,990 $248 1 bd / 1 ba 668 sqft , 2026-03-06

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
$811/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
$33,800
20% conventional investment loan

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

Estimated Gross Rent+$811
Principal + Interest−$922
Property Tax (~2.1% TX avg)−$296
Insurance (~0.5%)−$70
Est. Monthly Cash Flow $-477

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 June 1, 2026.

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