Active Listing  ·  27 days on market

6103 Bullard Dr #2

Austin, TX 78757
$399,000
2 Bed 3 Bath 1,551 sqft $257/sqft Built 1968 0.15 acres Pool Lafayette Place Condo Amd

The Lafayette condos are firmly established in the desirable neighborhood of Allandale. This unit has been home to one owner for the past 28 years!

The feel of this condo is open and airy thanks to the abundant natural lighting throughout the home!

The open living room has built-in bookshelves and a built-in wall unit which presently houses a TV. The kitchen area is open to the living space which is great for entertaining! The two living spaces offer flexibility. This unit has two nice-sized bedrooms and two full baths upstairs. A former space, known as a bonus room (that separates the two bedrooms), has been converted into a huge walk-in closet that was outfitted by The Container Store. Upstairs closets have wire shelving to maximize storage space. The storage space throughout this home has been carefully designed.

The outdoor patio has tile and an area with fresh wood decking. This area has the potential to truly become an outdoor oasis! Also outside, is the washer/dryer closet and two other closets for additional storage!

There is a community pool which offers privacy to the homeowners.

The prime location of this condo can't be beat! It's convenient to great dining, schools, shopping, walking trails, and major thoroughfares!

This is a perfect condo to call home! It's a must see!

At $257/sqft, this home is 34% below the Austin active market average of $390/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

6103 Bullard Dr #2, Austin, TX 78757

Property Details

Price $399,000
Status Active Listing
Beds 2
Full Baths 2
Half Baths 1
Living Area 1,551 sqft
Lot Size 0.15 acres (6,507.86 sqft)
Year Built 1968
Garage ,
Stories ,
Type Residential · Condominium
Subdivision Lafayette Place Condo Amd
County Travis
Zip Code 78757
$/sqft $257/sqft
Days on Market ,
HOA $600/Monthly
Annual Tax Est. $7,293.96
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT249954438
List Date October 16, 2026
Elementary School Gullett
Middle School Lamar (Austin ISD)
High School McCallum
School District Austin ISD

Austin ISD

Gullett · Lamar (Austin ISD) · McCallum

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
3609 Las Colinas Dr #A
Las Colinas Amended
$374,900 $286 3 bd / 3 ba 1,311 sqft , 2026-08-21
3601 Las Colinas Dr #B
Las Colinas Amd
$350,000 $299 2 bd / 3 ba 1,171 sqft , 2026-06-26
2207 Pasadena Dr #10
Villas at Pasadena Condominiums
$480,000 $389 2 bd / 2 ba 1,233 sqft , 2026-09-01
6501 E Hill Dr #111
Imperial Condo
$261,900 $243 2 bd / 2 ba 1,080 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
$1,915/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
$79,800
20% conventional investment loan

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

Estimated Gross Rent+$1,915
Principal + Interest−$2,178
Property Tax (assumed ~2.1%)−$698
Insurance (assumed ~0.5%)−$166
Est. Monthly Cash Flow $-1,127

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 · 41 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. The written content was last updated on October 17, 2026.

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

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