Active Listing  ·  159 days on market

935 La Posada Dr #128

Austin, TX 78752
$212,500
2 Bed 2 Bath 1,030 sqft $206/sqft Built 1980 0.06 acres Pool Flats At 935 Condos

**Get as low as 5.25% with preferred lender. The first 2 months, HOA dues are covered** Discover modern Austin living in this beautifully remodeled 2-bedroom, 2-bath condo offering stylish, low-maintenance comfort in a prime central location. Just minutes from UT, Downtown, Mueller, The Domain, and ACC Highland, convenience is truly at your doorstep. As a desirable end unit, this home enjoys added privacy, abundant natural light, and a quiet setting within the community. Fully updated in 2019, the interior features a sleek, modern kitchen with white shaker cabinets, quartz countertops, a new island, and stainless-steel appliances—perfect for everyday living or entertaining. The primary suite offers a private patio, ideal for morning coffee or unwinding in the evening. Additional highlights include a new washer and dryer, updated fixtures throughout, custom blinds for the floor-to-ceiling guest room windows, and added closet storage for optimal organization. Two reserved parking spaces add ease, while the HOA covers Spectrum cable and internet, HBO Max, several steaming services such as Paramount, Disney etc., plus access to the community pool, gym, clubhouse, and exterior maintenance—making this truly lock-and-leave living. Easy living, smart updates, and a location that checks every box—this one is ready to go.

At $206/sqft, this home is 48% below the Austin active market average of $393/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

935 La Posada Dr #128, Austin, TX 78752

Property Details

Price $212,500
Status Active Listing
Beds 2
Full Baths 2
Half Baths ,
Living Area 1,030 sqft
Lot Size 0.06 acres (2,469.85 sqft)
Year Built 1980
Garage ,
Stories ,
Type Residential · Condominium
Subdivision Flats At 935 Condos
County Travis
Zip Code 78752
$/sqft $206/sqft
Days on Market ,
HOA $464/Monthly
Annual Tax Est. $5,248.03
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT225482642
List Date April 16, 2026
Elementary School Pickle
Middle School Webb
High School Northeast Early College
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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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 16, 2026 $217,500
Previous ask $215,000
Current ask $212,500
Reduced $5,000 (-2.3%) 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
909 REINLI St #133
Verandas At Uptown Condo
$209,900 $240 2 bd / 2 ba 876 sqft , 2026-09-01
909 Reinli St #102
Verandas At Uptown Condo
$225,000 $191 3 bd / 3 ba 1,176 sqft , 2026-08-06
6906 CARVER Ave #A
St Johns College Add
$229,950 $235 2 bd / 1 ba 980 sqft , 2026-03-13
909 Reinli St #136
Ridgetop
$245,000 $268 2 bd / 2 ba 915 sqft , 2026-04-02
7306 Bethune Ave
St Johns College Add
$250,000 $227 3 bd / 1 ba 1,102 sqft , 2026-06-12

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
$1,020/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
$42,500
20% conventional investment loan

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

Estimated Gross Rent+$1,020
Principal + Interest−$1,160
Property Tax (~2.1% TX avg)−$372
Insurance (~0.5%)−$89
Est. Monthly Cash Flow $-601

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 August 30, 2026.

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