About This Home

The 2-2 condo is move in ready and well maintained. The kitchen is open to living area with fireplace. Two reserved parking spaces included. Space #221, closest to condo, is covered and extra wide. Space #220 is an extra long drive thru spot on the Mopac side of Bldg 2 near sport court. All of the above, plus the condo is located in a gated, quiet, well-maintained, and small (<90 units) complex with amenities including a private pool with a large deck and grills, a two story clubhouse with fitness center and game room, and an outdoor sport court.

At $207/sqft, this home is 47% 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 #2109, Austin, TX 78759

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Property Details

Price $189,900

Status Active Listing

Beds 2

Full Baths 2

Half Baths ,

Living Area 916 sqft

Lot Size 0.05 acres (1,973.27 sqft)

Year Built 1982

Garage ,

Stories ,

Type Residential · Condominium

Subdivision 8888 Tallwood Condo Amd

County Travis

Zip Code 78759

$/sqft $207/sqft

Days on Market ,

HOA $423/Monthly

Annual Tax Est. $6,145.45

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT221619744

List Date March 7, 2026

Elementary School Hill

Middle School Murchison

High School Anderson

School District ,

Have Questions About This Property?

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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 · March 7, 2026 $234,500

Previous ask $199,000

Current ask $189,900

▼ Reduced $44,600 (-19.0%) 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

9100 Mountain Ridge Dr #105
Summerhouse Condo $195,000 $288 1 bd / 1 ba 676 sqft , 2026-07-22

8210 Bent Tree Rd #231
ARBORS THE $182,000 $288 1 bd / 1 ba 633 sqft , 2026-09-08

2600 Penny Ln #118
Victoria Square Condo $199,000 $239 2 bd / 2 ba 831 sqft , 2026-09-18

2600 Penny Lane Ln #211
Victoria Square Condo $180,000 $217 2 bd / 2 ba 828 sqft , 2026-06-29

8210 Bent Tree Rd #235
Arbors $169,500 $265 1 bd / 1 ba 640 sqft , 2026-06-02

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

$912/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

$37,980

20% conventional investment loan

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

Estimated Gross Rent+$912

Principal + Interest−$1,036

Property Tax (~2.1% TX avg)−$332

Insurance (~0.5%)−$79

Est. Monthly Cash Flow $-535

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 August 26, 2026.

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

8888 Tallwood Dr #2109