Active Listing  ·  64 days on market

923 E 41st St #105

Austin, TX 78751
$275,000
2 Bed 2 Bath 1,027 sqft $268/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 $268/sqft, this home is 31% 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

923 E 41st St #105, Austin, TX 78751

Property Details

Price $275,000
Status Active Listing
Beds 2
Full Baths 2
Half Baths ,
Living Area 1,027 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 $268/sqft
Days on Market ,
HOA $280/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT235755583
List Date June 10, 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
3018 S 1st St #112
Loft Condo Amd The
$275,000 $361 2 bd / 1 ba 761 sqft , 2025-08-20
11716 Norwegian Wood Dr
Gracywoods Pud Sec 2
$275,000 $237 3 bd / 2 ba 1,160 sqft , 2025-08-30
6501 Brush Country Rd #109
Westcreek Landing Condo
$275,000 $223 2 bd / 2 ba 1,232 sqft , 2025-11-14
1403 Alma Dr
Copperfield Sec 01 Ph D
$275,000 $256 3 bd / 1 ba 1,074 sqft , 2026-03-23
915 W 22nd 1/2 St #202
Savannah Condo
$275,000 $345 2 bd / 2 ba 796 sqft , 2026-03-11

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
$1,320/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
$55,000
20% conventional investment loan

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

Estimated Gross Rent+$1,320
Principal + Interest−$1,501
Property Tax (~2.1% TX avg)−$481
Insurance (~0.5%)−$115
Est. Monthly Cash Flow $-777

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 June 26, 2026.

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