Active Listing  ·  84 days on market

909 Reinli St #101

Austin, TX 78751
$260,000
3 Bed 3 Bath 1,235 sqft $211/sqft Built 1975 0.03 acres Pool Verandas At Uptown Condo

A rare 3-bedroom, 2.5-bath updated condo in Central Austin, perfect for first-time buyers, investors, or anyone ready to stop renting and start building equity. Move-in Ready with Fridge/Washer/Dryer included! This stylish two-story layout includes a modern kitchen with granite counters, updated appliances, and fresh paint throughout. The flexible design offers three spacious bedrooms upstairs—ideal for remote workers, roommates, or buyers needing a guest room or home office. Enjoy gated access, a sparkling community pool, dog park, and quick proximity to Highland Station, UT, Dell Medical, The Domain, Mueller, and ACC Highland. Whether you’re buying for yourself, your college student, or as a long-term investment in one of Austin’s most central ZIP codes—this condo offers value, flexibility, and location without the downtown price tag. Ask about low-down payment options and fast close incentives.

At $211/sqft, this home is 46% below the Austin active market average of $392/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

909 Reinli St #101, Austin, TX 78751

Property Details

Price $260,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,235 sqft
Lot Size 0.03 acres (1,350.36 sqft)
Year Built 1975
Garage ,
Stories ,
Type Residential · Condominium
Subdivision Verandas At Uptown Condo
County Travis
Zip Code 78751
$/sqft $211/sqft
Days on Market ,
HOA $258/Monthly
Annual Tax Est. $6,210.31
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT231569763
List Date June 1, 2026
Elementary School Ridgetop
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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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
935 La Posada Dr #158
Flats 935 Condos Bldg 5
$259,000 $251 2 bd / 2 ba 1,030 sqft , 2026-08-17
935 La Posada Dr #148
Flats/935 Condos Bldg 4
$256,000 $249 2 bd / 2 ba 1,030 sqft , 2026-01-21
7306 Bethune Ave
St Johns College Add
$250,000 $227 3 bd / 1 ba 1,102 sqft , 2026-06-12
909 Reinli St #136
Ridgetop
$245,000 $268 2 bd / 2 ba 915 sqft , 2026-04-02
6901 Blessing Ave
Black A K 01
$275,000 $243 3 bd / 2 ba 1,131 sqft , 2026-07-28

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
$1,248/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
$52,000
20% conventional investment loan

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

Estimated Gross Rent+$1,248
Principal + Interest−$1,419
Property Tax (~2.1% TX avg)−$455
Insurance (~0.5%)−$108
Est. Monthly Cash Flow $-734

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 25, 2026.

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