Active Listing  ·  61 days on market

900 Karen Ave #A

Austin, TX 78757
$725,000
3 Bed 3 Bath 1,889 sqft $384/sqft Built 2016 0.12 acres Pool 900 Karen Ave Condos

Modern Brentwood standalone condo showcasing an open-concept floor plan, 3-bedrooms, 3-baths and nearly 1,900 square feet of architectural design and high-end finishes throughout. The open-concept living spaces are filled with natural light and anchored by a beautifully appointed kitchen featuring custom cabinetry, quartz countertops, and premium appliances, including an impressive 5-foot-wide refrigerator/freezer combination. High-end finishes continue throughout the home with hardwood flooring upstairs, stained concrete floors on the main level, and designer tile throughout all wet areas. Energy-efficient features such as foam insulation and tankless water heaters add both comfort and efficiency. The spacious primary suite is conveniently located on the main floor featuring an outdoor courtyard retreat! Outside, enjoy a gated and fully fenced yard surrounded by mature trees.

At $384/sqft, this home is 2% 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

900 Karen Ave #A, Austin, TX 78757

Property Details

Price $725,000
Status Active Listing
Beds 3
Full Baths 3
Half Baths ,
Living Area 1,889 sqft
Lot Size 0.12 acres (5,061.67 sqft)
Year Built 2016
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision 900 Karen Ave Condos
County Travis
Zip Code 78757
$/sqft $384/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $15,473.6
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT231576624
List Date June 4, 2026
Elementary School Brentwood
Middle School Lamar (Austin ISD)
High School McCallum
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 · June 4, 2026 $740,000
Current ask $725,000
Reduced $15,000 (-2.0%) 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
4413 Banister Ln #BLDG 1 - UNIT 101
Banister Acres
$725,000 $502 3 bd / 4 ba 1,443 sqft , 2025-10-29
8110 Ranch Road 2222 Rd #33
The Hillside
$725,000 $340 4 bd / 4 ba 2,133 sqft , 2026-04-23
2300 S 5th St #E
5th A Condo
$725,000 $390 2 bd / 3 ba 1,859 sqft , 2026-05-01
3604 Wilson St
Cherry Hills
$725,000 $539 3 bd / 2 ba 1,344 sqft , 2026-05-31
4604 Banister Ln #A
Moore-Tate 4604 Banister Condo
$725,000 $408 3 bd / 3 ba 1,778 sqft , 2026-06-03

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
$3,480/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
$145,000
20% conventional investment loan

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

Estimated Gross Rent+$3,480
Principal + Interest−$3,957
Property Tax (~2.1% TX avg)−$1,269
Insurance (~0.5%)−$302
Est. Monthly Cash Flow $-2,048

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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