Active Listing  ·  98 days on market

909 Reinli St #221

Austin, TX 78751
$184,000
1 Bed 1 Bath 582 sqft $316/sqft Built 1975 0.03 acres Pool Verandas At Uptown Condo

Upstairs corner unit with covered balcony in a quiet community with gated parking and pool access. Great option for a first-time buyer, part-time Austin home, or investment property with STR potential allowed by HOA. Features include wood floors, granite counters, stainless appliances, recessed lighting, and an open layout with tons of natural light. Conveniently located near ACC, major hospitals, the UT Medical Center, Mueller, Downtown Austin, and The Domain. Furniture and appliances are negotiable, making this an easy move-in or turnkey opportunity. Hard to find this kind of flexibility, location, and amenities in Austin under $200K.

At $316/sqft, this home is 19% 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

909 Reinli St #221, Austin, TX 78751

Property Details

Price $184,000
Status Active Listing
Beds 1
Full Baths 1
Half Baths ,
Living Area 582 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 $316/sqft
Days on Market ,
HOA $298/Monthly
Annual Tax Est. $3,399.83
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT229201639
List Date May 8, 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
1200 E 52nd St #204
52 MUELLER CONDOMINIUMS
$180,500 $314 1 bd / 1 ba 575 sqft , 2026-01-27
6324 N Lamar Blvd #424
Ellis Highline Condos
$189,900 $338 1 bd / 1 ba 562 sqft , 2026-04-29
407 E 45th St #116
Spanish Oaks Condo Amd
$190,000 $380 1 bd / 1 ba 500 sqft , 2026-03-25
6919 Carver Ave
St Johns College Add
$190,000 $371 1 bd / 1 ba 512 sqft , 2026-07-10
6324 N Lamar Blvd #404
Ellis Highline Condos
$195,000 $347 1 bd / 1 ba 562 sqft , 2026-06-25

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
$883/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
$36,800
20% conventional investment loan

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

Estimated Gross Rent+$883
Principal + Interest−$1,004
Property Tax (~2.1% TX avg)−$322
Insurance (~0.5%)−$77
Est. Monthly Cash Flow $-520

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 July 21, 2026.

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