Active Listing  ·  35 days on market

935 La Posada Dr #241

Austin, TX 78752
$140,000
1 Bed 1 Bath 515 sqft $272/sqft Built 1980 0.02 acres Pool Flats At 935 Condos

The contemporary design of The Flats 935 on La Posada Drive sets a stylish tone for this second-floor condo. Beautifully refreshed and truly move-in ready, this residence features a fireplace that anchors the central living space, creating a warm and inviting atmosphere. LVT flooring run underfoot, while recessed lighting illuminates the entire home.

An open floorplan seamlessly connects the main living spaces. The modern kitchen is equipped with white cabinetry, dark subway tile, stone countertops, a kitchen island, and a breakfast bar. Stainless steel appliances, including a dishwasher, microwave, range, range hood, and free-standing refrigerator, enhance the functionality of the cooking area. This unit offers one bedroom and an updated bathroom vanity alongside a spacious walk-in shower with tile flooring.

Practical amenities include an inside laundry space featuring an in-unit washer and dryer, complete with a sink vanity and granite counters. A balcony offers a quiet space to take in views of the neighborhood and surrounding trees. The exterior community entrance welcomes arrivals with a garden.

This Austin property at 935 La Posada Drive Unit 155 offers a modern environment with updated finishes throughout. Schedule a viewing today to experience this refreshed condo in person.

At $272/sqft, this home is 31% 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 #241, Austin, TX 78752

Property Details

Price $140,000
Status Active Listing
Beds 1
Full Baths 1
Half Baths ,
Living Area 515 sqft
Lot Size 0.02 acres (1,067.22 sqft)
Year Built 1980
Garage ,
Stories ,
Type Residential · Condominium
Subdivision Flats At 935 Condos
County Travis
Zip Code 78752
$/sqft $272/sqft
Days on Market ,
HOA $287.5/Monthly
Annual Tax Est. $3,598.21
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT237344774
List Date September 3, 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.

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
909 Reinli St #232
Verandas At Uptown Condo
$139,000 $239 1 bd / 1 ba 582 sqft , 2026-04-09
909 Reinli St #240
Verandas at Uptown
$142,800 $235 1 bd / 1 ba 607 sqft , 2026-05-30
935 La Posada Dr #142
La Costa
$130,000 $246 1 bd / 1 ba 528 sqft , 2025-08-21
935 La Posada Dr #115
Flats/935 Condos
$130,000 $246 1 bd / 1 ba 528 sqft , 2026-06-24
5820 Berkman Dr #120
Verandas On Berkman Condominiums
$160,000 $253 1 bd / 1 ba 633 sqft , 2026-06-13

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
$672/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
$28,000
20% conventional investment loan

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

Estimated Gross Rent+$672
Principal + Interest−$764
Property Tax (~2.1% TX avg)−$245
Insurance (~0.5%)−$58
Est. Monthly Cash Flow $-395

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 September 4, 2026.

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