Active Listing  ·  122 days on market

909 Reinli St #103

Austin, TX 78751
$280,000
3 Bed 3 Bath 1,176 sqft $238/sqft Built 1975 0.03 acres Pool Verandas At Uptown Condo

INVESTORS: This unit is already leased until April 2027! Get ready to fall in love with this updated, two-story, townhouse-style condo in North Loop! Step inside 1,260 square feet of functional living space, highlighted by LVT flooring on the main level and brand-new carpet upstairs. The modern kitchen features quartz countertops, shaker-style cabinets, and stainless steel appliances. The stackable washer/dryer and refrigerator convey. The versatile downstairs bedroom easily doubles as a home office for remote work. Located in a gated community, you’ll enjoy access to a pool, courtyard, off-leash pet area, and an EV charger. Just minutes from UT, Downtown, Mueller, and The Domain, you’ll have easy access to shopping, dining, bars, public transit, and major employers.

At $238/sqft, this home is 39% below the Austin active market average of $390/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

909 Reinli St #103, Austin, TX 78751

Property Details

Price $280,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,176 sqft
Lot Size 0.03 acres (1,346 sqft)
Year Built 1975
Garage ,
Stories ,
Type Residential · Condominium
Subdivision Verandas At Uptown Condo
County Travis
Zip Code 78751
$/sqft $238/sqft
Days on Market ,
HOA $264/Monthly
Annual Tax Est. $6,265.87
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT226213625
List Date April 14, 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
516 Montopolis Dr
Hutchins Emma
$280,000 $182 2 bd / 2 ba 1,539 sqft , 2026-02-24
13013 Titanium St
Harris Branch Tr E-68 Sec 1
$280,000 $230 3 bd / 2 ba 1,216 sqft , 2026-03-10
1101 Grove Blvd #208
Townhomes At Riverside Grove
$280,000 $267 2 bd / 3 ba 1,048 sqft , 2026-06-04
4815 Quicksilver Blvd
Silverstone Phs 1 Sec 2
$280,000 $260 3 bd / 2 ba 1,078 sqft , 2026-07-07
4501 Whispering Valley Dr #24
Whispering Valley Condo Amd
$280,000 $250 3 bd / 3 ba 1,119 sqft , 2026-07-30

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
$1,344/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
$56,000
20% conventional investment loan

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

Estimated Gross Rent+$1,344
Principal + Interest−$1,528
Property Tax (~2.1% TX avg)−$490
Insurance (~0.5%)−$117
Est. Monthly Cash Flow $-791

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 April 18, 2026.

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