Active Listing  ·  182 days on market

909 Reinli St #232

Austin, TX 78751
$139,000
1 Bed 1 Bath 582 sqft $239/sqft Built 1975 0.03 acres Pool Verandas At Uptown Condo

Exceptional value in Central Austin! Welcome to 909 Reinli Street #232, a move-in ready 1 bedroom, 1 bath condo in the gated Verandas at Uptown community. Freshly painted throughout and recently refreshed, this unit offers an approachable opportunity to own in Austin’s 78751 area.

This light-filled unit features an efficient, open-concept layout that maximizes both comfort and functionality. The living and dining areas flow seamlessly into the kitchen, creating an inviting space for everyday living or entertaining. Large windows bring in natural light, while the kitchen offers a functional layout for everyday cooking.

The spacious bedroom provides a quiet retreat with room for a desk or seating area, along with easy access to a full bathroom. Whether you are a first-time buyer, investor, or looking for a low-maintenance lock-and-leave lifestyle, this floor plan offers flexibility and ease.

Residents of Verandas at Uptown enjoy gated access, a community pool, dog park, and convenient on-site amenities, all just minutes from some of Austin’s most popular destinations. Located near Mueller, The Triangle, UT, and Downtown, with quick access to I-35 and major transit options, this location makes commuting and enjoying the city incredibly convenient.

With its fresh interior, central location, functional layout, and compelling price point, this condo offers an excellent opportunity to own in one of Austin’s most connected areas.

At $239/sqft, this home is 39% 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 #232, Austin, TX 78751

Property Details

Price $139,000
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 $239/sqft
Days on Market ,
HOA $293/Monthly
Annual Tax Est. $3,353.6
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT225386713
List Date April 9, 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.

Schedule a Call →

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 9, 2026 $185,000
Previous ask $149,900
Current ask $139,000
▼ Reduced $46,000 (-24.9%) 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
935 La Posada Dr #241
Flats At 935 Condos
$140,000 $272 1 bd / 1 ba 515 sqft , 2026-09-03
909 Reinli St #240
Verandas at Uptown
$142,800 $235 1 bd / 1 ba 607 sqft , 2026-05-30
935 La Posada Dr #142
La Costa
$130,000 $246 1 bd / 1 ba 528 sqft , 2025-08-21
935 La Posada Dr #115
Flats/935 Condos
$130,000 $246 1 bd / 1 ba 528 sqft , 2026-06-24
5300 Guadalupe St #108
northfeild
$149,000 $363 1 bd / 1 ba 410 sqft , 2026-01-29

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
$667/mo
0.48% rule · conservative Austin est.
Gross Yield
5.76%
Annual rent ÷ purchase price
Cap Rate (est.)
3.45%
NOI after 40% vacancy + expenses
Down Payment
$27,800
20% conventional investment loan

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

Estimated Gross Rent+$667
Principal + Interest−$759
Property Tax (~2.1% TX avg)−$243
Insurance (~0.5%)−$58
Est. Monthly Cash Flow $-393

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

More Luxury Homes in Austin

Loading…
View All Luxury Homes →
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 September 9, 2026.

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