Active Listing  ·  7 days on market

935 La Posada Dr #158

Austin, TX 78752
$259,000
2 Bed 2 Bath 1,030 sqft $251/sqft Built 1980 0.06 acres Pool Flats 935 Condos Bldg 5

Prime city retreat with a gym, pool & media room, low cost per square foot, and quick commutes! Just minutes from UT, downtown, Mueller, the Domain, the ACC-Highland campus, and just 20 minutes to the airport. Wood shaker cabinets, recessed lighting, quartz counters, smart thermostat, patio seating, and cozy wood-burning fireplace. The entire complex was beautifully renovated in 2018. This unit was fully gutted and remodeled - plumbing, electrical, HVAC, etc. Primary bedroom downstairs has a patio and a huge walk-in closet. Upstairs is the second bedroom + bonus room. It comes with two reserved parking spots - both #43!

At $251/sqft, this home is 36% below the Austin active market average of $392/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

935 La Posada Dr #158, Austin, TX 78752

Property Details

Price $259,000
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 5
County Travis
Zip Code 78752
$/sqft $251/sqft
Days on Market ,
HOA $385/Monthly
Annual Tax Est. $5,903.11
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT243722966
List Date August 17, 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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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 #101
Verandas At Uptown Condo
$260,000 $211 3 bd / 3 ba 1,235 sqft , 2026-06-01
935 La Posada Dr #148
Flats/935 Condos Bldg 4
$256,000 $249 2 bd / 2 ba 1,030 sqft , 2026-01-21
7306 Bethune Ave
St Johns College Add
$250,000 $227 3 bd / 1 ba 1,102 sqft , 2026-06-12
909 Reinli St #136
Ridgetop
$245,000 $268 2 bd / 2 ba 915 sqft , 2026-04-02
300 E Croslin St #106
Croslin Court Condos
$244,749 $193 3 bd / 3 ba 1,267 sqft , 2026-04-27

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
$1,243/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
$51,800
20% conventional investment loan

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

Estimated Gross Rent+$1,243
Principal + Interest−$1,413
Property Tax (~2.1% TX avg)−$453
Insurance (~0.5%)−$108
Est. Monthly Cash Flow $-731

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 18, 2026.

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