About This Home

Darling 2 bedroom/2 bath single story condo with 2 car garage is move in ready. Tile and hardwood floors in living and high traffic areas. Built in office area, utility room, walk in closets, built in bookcases and cabinets. Two car garage with opener. Private location within complex. Backs to secluded, woody area. Easy access to Loop 360 and Hwy 183.

At $284/sqft, this home is 27% 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

8917 Old Lampasas Trl #12, Austin, TX 78750

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Property Details

Price $449,900

Status Active Listing

Beds 2

Full Baths 2

Half Baths ,

Living Area 1,584 sqft

Lot Size ,

Year Built 2003

Garage 2 spaces

Stories ,

Type Residential · Condominium

Subdivision Bull Creek Ranch Condo Amd

County Travis

Zip Code 78750

$/sqft $284/sqft

Days on Market ,

HOA $245/Monthly

Annual Tax Est. $9,191.36

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT225983825

List Date April 21, 2026

Elementary School Laurel Mountain

Middle School Canyon Vista

High School Westwood

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 · April 21, 2026 $499,900

Previous ask $459,900

Current ask $449,900

▼ Reduced $50,000 (-10.0%) 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

8917 Old Lampasas Trl #8
Bull Creek Ranch Condo Amd $475,000 $256 3 bd / 3 ba 1,854 sqft , 2026-07-27

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

$2,160/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

$89,980

20% conventional investment loan

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

Estimated Gross Rent+$2,160

Principal + Interest−$2,455

Property Tax (~2.1% TX avg)−$787

Insurance (~0.5%)−$187

Est. Monthly Cash Flow $-1,269

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 13, 2026.

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

8917 Old Lampasas Trl #12