Active Listing  ·  92 days on market

923 E 41st St #102

Austin, TX 78751
$229,900
2 Bed 1 Bath 900 sqft $255/sqft Built 1984 0.57 acres Pool Dure Len C

Inspired by the delicate beauty of the azalea flower and the timeless artistry of Portuguese azulejo tiles, Azulina Gardens represents a harmonious blend of classic Spanish influence and contemporary design.

Located in the heart of Austin's vibrant Hyde Park neighborhood, this boutique condominium community offers an exceptional opportunity for homeownership. With just 24 thoughtfully designed residences, Azulina Gardens provides an intimate living experience where attention to detail meets modern convenience. All units are recently updated with new floors, paint, stainless steel appliances and quartz countertops. In unit washer/dryer hookups! Covered parking available.

This community is conveniently located in close proximity to UT, St. David's and Ascension Seton. The property is located directly across from the H-E-B Hancock which also has Tesla charging stations.

At $255/sqft, this home is 35% 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

923 E 41st St #102, Austin, TX 78751

Property Details

Price $229,900
Status Active Listing
Beds 2
Full Baths 1
Half Baths ,
Living Area 900 sqft
Lot Size 0.57 acres (25,038.29 sqft)
Year Built 1984
Garage ,
Stories ,
Type Residential · Condominium
Subdivision Dure Len C
County Travis
Zip Code 78751
$/sqft $255/sqft
Days on Market ,
HOA $255/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT228774502
List Date May 4, 2026
Elementary School Lee
Middle School Kealing
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 →

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 #209
52 MUELLER CONDOMINIUMS
$229,999 $317 2 bd / 1 ba 725 sqft , 2026-04-30
4204 HUDSON BEND Rd #A
Vista Grande Condo
$230,000 $214 2 bd / 2 ba 1,074 sqft , 2024-12-31
1106 W 22nd St #1
1106 W 22nd Street Condo
$230,000 $350 1 bd / 1 ba 658 sqft , 2026-04-14
803 W 28th St #103
San Pedro Oaks Condo
$230,000 $329 2 bd / 2 ba 699 sqft , 2026-05-13
8601 W Gate Blvd #9104
Canopy/Westgate Grove Condos
$229,000 $276 2 bd / 2 ba 831 sqft , 2026-03-27

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
$1,104/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
$45,980
20% conventional investment loan

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

Estimated Gross Rent+$1,104
Principal + Interest−$1,255
Property Tax (~2.1% TX avg)−$402
Insurance (~0.5%)−$96
Est. Monthly Cash Flow $-649

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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