Active Listing  ·  24 days on market

9518 Topridge Dr #21

Austin, TX 78750
$415,000
3 Bed 2 Bath 1,651 sqft $251/sqft Built 1982 0.17 acres 2-Car Garage Pool Balcones Place Condo SE

Balcones Place community is a true lock and leave experience! This updated two story condo lives like a single-family home with none of the yard maintenance. The spacious open floorplan has vaulted ceilings, a limestone fireplace, new dual pane windows & hardware throughout. 2 sets of french doors that lead to the private deck & backyard shaded by a large century oak tree. The freshly painted open floorplan makes entertaining delightful. The custom white kitchen includes stainless appliances(2023), a Bosch dishwasher, double ovens, microwave, easy-glide drawers, spice rack, pantry, granite countertops, under cabinet lighting, electric cooktop, & glass front corner cabinets. The primary suite has french doors that lead to the fenced garden like backyard. The updated primary bath has marble countertops, a double vanity, large walk-in shower with subway tile surround, custom storage in the huge walk-in closet that includes the washer/dryer. The two bedrooms upstairs have great closet storage. The home has an attached 2 car garage with tons of storage. Just a short walk to the community pool or drive to a private golf/tennis/social Balcones Country Club. The HOA fee includes common area, community pool, exterior maintenance, landscaping, water and sewer. The highly ranked schools include Spicewood Elementary/Canyon Vista Middle/Westwood High. Easy access to 183/Mopac /45 Toll/360/Apple/Freescale/Domain/Riata Business Park/National Instruments, plus scenic routes to downtown Austin, the Arboretum, Lake Travis, Cedar Park, Leander, etc. The location & lifestyle are unparalleled! See Documents for full list of property improvements.

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

9518 Topridge Dr #21, Austin, TX 78750

Property Details

Price $415,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,651 sqft
Lot Size 0.17 acres (7,335.5 sqft)
Year Built 1982
Garage 2 spaces
Stories ,
Type Residential · Condominium
Subdivision Balcones Place Condo SE
County Travis
Zip Code 78750
$/sqft $251/sqft
Days on Market ,
HOA $353/Monthly
Annual Tax Est. $8,041.14
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT246761860
List Date September 14, 2026
Elementary School Spicewood
Middle School Canyon Vista
High School Westwood
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
11512 Tin Cup Dr #201
Spicewood Village Condo Amd
$414,900 $202 3 bd / 3 ba 2,054 sqft , 2026-04-06
12000 Swan Dr
Woodland Village Anderson Mill Sec
$419,950 $271 3 bd / 2 ba 1,549 sqft , 2026-08-27
8917 Old Lampasas Trl #12
Bull Creek Ranch Condo Amd
$424,900 $268 2 bd / 2 ba 1,584 sqft , 2026-04-21
9707 Anderson Mill Rd #31
Arboretum Park Residential Sub Condo
$450,000 $298 3 bd / 2 ba 1,512 sqft , 2026-07-23

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
$1,992/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
$83,000
20% conventional investment loan

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

Estimated Gross Rent+$1,992
Principal + Interest−$2,265
Property Tax (~2.1% TX avg)−$726
Insurance (~0.5%)−$173
Est. Monthly Cash Flow $-1,172

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 October 7, 2026.

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