Active Listing  ·  19 days on market

1325 Spyglass Dr

Austin, TX 78746
$885,000
2 Bed 3 Bath 1,730 sqft $512/sqft Built 1981 0.12 acres 2-Car Garage Pool Thirteen Nineteen Spyglass Place Condominiums

Rarely does an Austin home offer this connection to city and nature. Overlooking Barton Creek, 1325 Spyglass Drive pairs Greenbelt and skyline views with an extensively renovated 2-bedroom, 2.5-bath home in Eanes ISD. A two-story wall of windows frames the treetops, Barton Creek, the Capitol dome and Downtown Austin. Across 1,730 square feet, details shine. A steel floating staircase with Ipe and slate treads and an illuminated etched-glass railing anchors the interior. Hand-rubbed mesquite doors on clear-maple kitchen cabinetry, soapstone countertops, stainless-steel Bosch appliances and premium bamboo flooring. An integrated soapstone workspace offers power, networking, cord control, task lighting and pullout storage. Heated primary-bath flooring adds comfort. An expansive Ipe deck and five-person hot tub invite you to unwind above Barton Creek, with treetops and skyline beyond. Under-deck storage can serve as covered seating; modifications require HOA approval. Follow the Spyglass Trailhead to Campbell’s Hole, The Flats, Barton Springs Pool and Zilker Park. Walk to Blackbird Market & Coffee or Tacodeli, swim or hike, return for sunset drinks as downtown glows. MoPac and Downtown are minutes away, yet the setting feels immersed in nature. A flexible loft and two-car garage add ease. Beyond the visible finishes are PEX plumbing, upgraded electrical systems, three-zone HVAC, insulation, motorized exterior shades, a radiant barrier and sound-deadening materials. A reinforced server closet with hardwired security and networking can serve as a safe room. Wake in the primary suite to gorgeous views across the Barton Creek Greenbelt toward Downtown Austin, then watch the skyline glow again at night—or lower the motorized exterior shades and sleep in. This is a rare opportunity to live above Austin’s wild heart, moments from everything that makes the city extraordinary.

At $512/sqft, this home is priced 31% above the Austin active market average of $391/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

1325 Spyglass Dr, Austin, TX 78746

Property Details

Price $885,000
Status Active Listing
Beds 2
Full Baths 2
Half Baths 1
Living Area 1,730 sqft
Lot Size 0.12 acres (5,388.37 sqft)
Year Built 1981
Garage 2 spaces
Stories ,
Type Residential · Condominium
Subdivision Thirteen Nineteen Spyglass Place Condominiums
County Travis
Zip Code 78746
$/sqft $512/sqft
Days on Market ,
HOA $350/Monthly
Annual Tax Est. $10,875.34
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT229800178
List Date October 4, 2026
Elementary School Cedar Creek (Eanes ISD)
Middle School Hill Country
High School Westlake
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
2006 De Verne St
Rabb Inwood Hills
$890,000 $533 3 bd / 2 ba 1,669 sqft , 2023-10-13
2323 S Lamar Blvd #206
Precision Add
$899,000 $686 2 bd / 2 ba 1,310 sqft , 2026-08-27
2105 Goodrich Ave #7
Barton Skyline Garden Homes
$1,010,000 $472 3 bd / 4 ba 2,141 sqft , 2026-08-06
1701 Spyglass Dr #2
Barton Hollow Condo Amd
$759,000 $514 2 bd / 3 ba 1,477 sqft , 2026-08-14
2101 Airole Way #A
2101 Airole Way Condos
$719,000 $489 2 bd / 3 ba 1,471 sqft , 2026-05-21

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
$4,248/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
$177,000
20% conventional investment loan

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

Estimated Gross Rent+$4,248
Principal + Interest−$4,830
Property Tax (~2.1% TX avg)−$1,549
Insurance (~0.5%)−$369
Est. Monthly Cash Flow $-2,500

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 22, 2026.

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