Active Listing  ·  18 days on market

9940 Milla Cir #24

Austin, TX 78748
$399,900
3 Bed 3 Bath 1,981 sqft $202/sqft Built 2013 0.14 acres 2-Car Garage Pool Milestone Southpark Condominium

This move-in-ready, detached condo lives like a single-family home without the upkeep. An attached garage, private entrance, and a backyard fully maintained by the HOA give you all the privacy of a standalone home with none of the weekend maintenance. Inside, an open floor plan under vaulted ceilings connects the living and dining areas across rich hardwood floors. The kitchen features granite countertops, stainless steel appliances, and a tile backsplash, with a layout built for easy everyday cooking.

The primary suite sits conveniently on the main level, with a large walk-in closet and an en-suite bath featuring dual vanities and a walk-in shower. Upstairs, two additional bedrooms and a versatile loft-style game room offer flexible space for guests, a home office, or a media room. Built in 2013, this 1,981-square-foot home offers three bedrooms and two and a half baths in the heart of South Austin's Manchaca corridor, minutes from shopping, dining, greenbelt and easy access to Mopac and I-35. With the HOA covering exterior maintenance and yard care, this is condo living designed for buyers who'd rather spend their weekends living, not mowing.

At $202/sqft, this home is 48% 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

9940 Milla Cir #24, Austin, TX 78748

Property Details

Price $399,900
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,981 sqft
Lot Size 0.14 acres (6,033.06 sqft)
Year Built 2013
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Milestone Southpark Condominium
County Travis
Zip Code 78748
$/sqft $202/sqft
Days on Market ,
HOA $160/Monthly
Annual Tax Est. $7,870.58
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT242521302
List Date August 6, 2026
Elementary School Williams
Middle School Paredes
High School Akins
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 · August 6, 2026 $409,900
Current ask $399,900
Reduced $10,000 (-2.4%) 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
808 Totis Rd
Searight Village Condo
$399,999 $212 3 bd / 3 ba 1,886 sqft , 2026-04-30
9213 Grant Forest Dr
Crossing At Onion Creek Sec 02
$399,999 $204 4 bd / 2 ba 1,961 sqft , 2026-08-23
2425 National Park Blvd
Parkside At Slaughter Creek Sec 04
$399,000 $228 3 bd / 2 ba 1,749 sqft , 2026-07-15
9603 Tanager Way
Searight Village Condo
$410,000 $215 3 bd / 3 ba 1,910 sqft , 2026-08-10
907 Sleepy Dell Ln
Searight Village Condo
$389,000 $206 3 bd / 3 ba 1,886 sqft , 2026-05-28

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
$1,920/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
$79,980
20% conventional investment loan

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

Estimated Gross Rent+$1,920
Principal + Interest−$2,182
Property Tax (~2.1% TX avg)−$700
Insurance (~0.5%)−$167
Est. Monthly Cash Flow $-1,129

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 21, 2026.

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