Active Listing  ·  195 days on market

935 La Posada Dr #148

Austin, TX 78752
$256,000
2 Bed 2 Bath 1,030 sqft $249/sqft Built 1980 0.06 acres Pool Flats/935 Condos Bldg 4

Welcome to Unit 148 : 2 Beds, 2 Baths + Separate Office + 2 Reserved Parking + Corner Unit Condo in Central Austin. This condo location provides an accessible commute for those who travel a lot to Austin Airport, Mueller Shopping & Restaurants, 183, & IH35. Access all areas of the city with multiple highways only minutes from your doorstep.

935 Flats is low-maintenance living in the heart of Central Austin. This thoughtfully designed residence features an open living and dining area, creating a welcoming space for everyday living. The kitchen offers updated cabinetry and functionality, with a built in table for extra counter cook space + a place to gather. The bedrooms provide generous space and privacy, while the bathrooms are cleanly finished and well maintained. The upstair primary has a large walk-in closet too! Also upstairs is a separate home office to work from home or additional storage. The unit is located at the back of the complex for privacy and has no upstairs neighbors. Plus washer/dryer hookup available inside! Modern design, spacious size rooms, & lock & leave living!

Are you looking to be close to everything Austin has to offer, this condo presents an excellent opportunity to own in a growing area of the city.

At $249/sqft, this home is 36% 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 #148, Austin, TX 78752

Property Details

Price $256,000
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/935 Condos Bldg 4
County Travis
Zip Code 78752
$/sqft $249/sqft
Days on Market ,
HOA $464.75/Monthly
Annual Tax Est. $4,660.45
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT217024044
List Date January 21, 2026
Elementary School Reilly
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.

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
708 Graham Pl #101
Graham Place Condo Amd
$255,000 $348 2 bd / 1 ba 732 sqft , 2026-03-16
2412 E Stassney Ln
Peppertree Park Sec 03
$255,000 $250 3 bd / 2 ba 1,022 sqft , 2026-04-10
3001 Cedar St #209
Benchmark Condo Amd
$254,900 $372 1 bd / 1 ba 685 sqft , 2026-04-01
1310 Parmer Ln #1902
SCOFIELD VILLAS CONDOMINIUMS
$254,900 $191 2 bd / 3 ba 1,334 sqft , 2026-06-05
1800 Lavaca St #A508
Greenwood Towers Amd
$259,000 $302 2 bd / 1 ba 857 sqft , 2026-04-18

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
$1,229/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
$51,200
20% conventional investment loan

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

Estimated Gross Rent+$1,229
Principal + Interest−$1,397
Property Tax (~2.1% TX avg)−$448
Insurance (~0.5%)−$107
Est. Monthly Cash Flow $-723

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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