About This Home

If you are wanting an affordable condo in the Austin area, look no further than this one !! Great central location, easy to get around town, while living in a quiet little pocket of the city.

At $291/sqft, this home is 26% 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

935 La Posada Dr #145, Austin, TX 78752

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Property Details

Price $300,000

Status Active Listing

Beds 3

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/935 Condos Bldg 4

County Travis

Zip Code 78752

$/sqft $291/sqft

Days on Market ,

HOA $325/Monthly

Annual Tax Est. $5,846.36

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT218250646

List Date February 3, 2026

Elementary School Reilly

Middle School Webb

High School Northeast Early College

School District ,

Have Questions About This Property?

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

1105 Richardine Ave
Brooksdale $300,000 $401 3 bd / 1 ba 748 sqft , 2025-12-01

7122 Wood Hollow Dr #47
Edgecliff NW Condo Amd $300,000 $259 2 bd / 2 ba 1,158 sqft , 2026-02-12

10819 Crown Colony Dr #19
Greens Onion Creek Condo Ph 02 $300,000 $225 2 bd / 3 ba 1,334 sqft , 2026-03-28

6711 West Gate Blvd #A
Cherry Creek Ph 06 Sec 05 $300,000 $290 2 bd / 1 ba 1,035 sqft , 2026-02-19

3613 Las Colinas Dr #C
Las Colinas Amd $300,000 $288 2 bd / 2 ba 1,043 sqft , 2026-04-07

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

$1,440/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

$60,000

20% conventional investment loan

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

Estimated Gross Rent+$1,440

Principal + Interest−$1,637

Property Tax (~2.1% TX avg)−$525

Insurance (~0.5%)−$125

Est. Monthly Cash Flow $-847

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

935 La Posada Dr #145

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Austin, TX

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