Active Listing  ·  258 days on market

9525 N Capital Of Texas Hwy #623

Austin, TX 78759
$225,000
2 Bed 1 Bath 972 sqft $231/sqft Built 1998 0.08 acres 1-Car Garage Pool Loop Condo

Welcome home to this beautiful condo in a prime North/Central Austin location, just minutes from The Arboretum, The Domain, downtown Austin, and countless shopping, dining, and entertainment options. Nestled within a gated community, this move-in-ready home offers the perfect blend of comfort, convenience, and low-maintenance living. Fresh interior paint and an open-concept floor plan create a bright, inviting atmosphere. Rich wood look flooring extends throughout the living areas and both bedrooms, while tile flooring in the kitchen, entry, and bathroom means there's no carpet to maintain. The spacious primary suite easily accommodates a king-size bed and features a large walk-in closet. The secondary bedroom enjoys views of the community pool, making it an ideal guest room or home office. Step outside to your private balcony overlooking the pool—perfect for enjoying your morning coffee or unwinding at the end of the day. A detached one-car garage (G83) conveys with the property, providing added convenience and storage. With quick access to major highways and some of Austin's most popular destinations, this is an exceptional opportunity to enjoy lock-and-leave living in a highly desirable location.

At $231/sqft, this home is 41% below the Austin active market average of $393/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

9525 N Capital Of Texas Hwy #623, Austin, TX 78759

Property Details

Price $225,000
Status Active Listing
Beds 2
Full Baths 1
Half Baths ,
Living Area 972 sqft
Lot Size 0.08 acres (3,432.53 sqft)
Year Built 1998
Garage 1 spaces
Stories ,
Type Residential · Condominium
Subdivision Loop Condo
County Travis
Zip Code 78759
$/sqft $231/sqft
Days on Market ,
HOA $433/Monthly
Annual Tax Est. $6,068.73
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT215871318
List Date January 8, 2026
Elementary School Hill
Middle School Murchison
High School Anderson
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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Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · January 8, 2026 $279,000
Previous ask $250,000
Current ask $225,000
Reduced $54,000 (-19.4%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

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
9525 N Capital Of Texas Hwy #414
Loop Condo
$239,000 $246 2 bd / 1 ba 972 sqft , 2026-06-05
4159 Steck Ave #258
Mesa Village Condo Amd
$250,000 $237 2 bd / 2 ba 1,056 sqft , 2026-02-13
9100 Mountain Ridge Dr #105
Summerhouse Condo
$195,000 $288 1 bd / 1 ba 676 sqft , 2026-07-22
4711 Spicewood Springs Rd #4-222
Stillhouse Canyon Condo Amended
$256,500 $309 1 bd / 1 ba 831 sqft , 2026-06-03
4159 Steck Ave #255
Mesa Village Condo Amd
$259,900 $244 2 bd / 2 ba 1,063 sqft , 2026-05-24

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
$1,080/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
$45,000
20% conventional investment loan

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

Estimated Gross Rent+$1,080
Principal + Interest−$1,228
Property Tax (~2.1% TX avg)−$394
Insurance (~0.5%)−$94
Est. Monthly Cash Flow $-636

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 27, 2026.

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