Active Listing  ·  76 days on market

909 Reinli St #240

Austin, TX 78751
$156,400
1 Bed 1 Bath 607 sqft $258/sqft Built 1975 0.03 acres Pool Verandas at Uptown

Welcome to the gated Verandas at Uptown community in the heart of Central Austin! Residents enjoy a community pool, landscaped courtyard, and inviting spaces perfect for meeting neighbors and relaxing outdoors. This top-floor 1 bedroom, 1 bathroom condo offers an open and airy feel with vaulted ceilings, recessed lighting, ample natural light, and beautiful light wood flooring throughout. The open-concept layout seamlessly connects the kitchen, dining, and living areas for easy everyday living and entertaining. The updated kitchen features granite countertops, stainless steel appliances, and a designer tile backsplash. Spacious bedroom with ceiling fan and walk-in closet. Separate washer and dryer room for added convenience. The full bathroom includes an updated vanity, modern fixtures, and tiled tub surround. Ideally located near Mueller, The Triangle, ACC Highland, and Downtown Austin with convenient access to shopping, dining, entertainment, and major employers including Dell Children’s Medical Center, The University of Texas, and St. David’s Medical Center. Nearby parks include Bartholomew District Park and Shipe Neighborhood Park.

At $258/sqft, this home is 34% 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 #240, Austin, TX 78751

Property Details

Price $156,400
Status Active Listing
Beds 1
Full Baths 1
Half Baths ,
Living Area 607 sqft
Lot Size 0.03 acres (1,350.36 sqft)
Year Built 1975
Garage ,
Stories ,
Type Residential · Condominium
Subdivision Verandas at Uptown
County Travis
Zip Code 78751
$/sqft $258/sqft
Days on Market ,
HOA $198/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT230779450
List Date May 30, 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
407 E 45th St #108
Spanish Oaks Condo Amd
$159,900 $320 1 bd / 1 ba 500 sqft , 2026-02-20
935 La Posada Dr #144
Flats at 935 Condos
$150,000 $284 1 bd / 1 ba 528 sqft , 2026-04-15
909 Reinli St #232
Verandas At Uptown Condo
$149,900 $258 1 bd / 1 ba 582 sqft , 2026-04-09
935 La Posada Dr #131
Flats/935 Condos Bldg 3
$149,500 $290 1 bd / 1 ba 515 sqft , 2026-06-06
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
$751/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
$31,280
20% conventional investment loan

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

Estimated Gross Rent+$751
Principal + Interest−$854
Property Tax (~2.1% TX avg)−$274
Insurance (~0.5%)−$65
Est. Monthly Cash Flow $-442

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 →