$225,000
↓ $25K (10.6%)
●
Condo -
Off Market
2425 Ashdale DR #41
Austin, TX 78757
2 Beds
2 Baths
973 Ft²
$1,920
Est. Monthly
$442
HOA / Fees
3.92%
Cap Rate
About This Property
This versatile unit holds the promise of becoming a charming
private apartment or a lucrative rental property with the right
fixes. The owner has already upgraded the flooring, enhanced the
lighting, replaced the kitchen cabinets which provide additional
storage and countertop space, as well as special concrete
countertops to get things started. The unit also provides
scenic views of a delightful common-area courtyard adorned with
tables, chairs, and outdoor grills. Furthermore, the Homeowners
Association (HOA) fees cover water, gas, trash, and maintenance,
ensuring a hassle-free and convenient lifestyle.
Unit Size
973 Ft²
Days on Market
-
Land Size
0.03 acres
Price per sqft
$231
Property Type
Condo
Property Taxes
$372
HOA Dues
$442
Year Built
-
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 years ago (Unlock MLS #ACT5753664)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 27, 2026 | Price Decreased |
$210,000
↓ $25K
(10.6%) | |
| Price Decreased | |||
| Jan 12, 2026 | Listed by Central Metro Realty | $235,000 | |
| Listed by Central Metro Realty | |||
   | |||
|
This versatile unit offers the potential to serve as a charming private residence or a strong income-producing rental with minimal additional updates. The owner has already completed significant upgrades, including new flooring, enhanced lighting, updated kitchen cabinetry providing ample storage and countertop space, and quartz countertops. Both the primary and secondary bathrooms have also been tastefully renovated.
Notably, this is the only unit in the complex remodeled to include in-unit washer and dryer hookups—eliminating the need to use the first-floor laundry room or elevator. The unit overlooks a beautifully maintained common-area courtyard featuring seating, tables, and outdoor grills, offering a pleasant and scenic view.
HOA fees include water, gas, trash, and exterior maintenance, providing a low-maintenance and convenient lifestyle.
| |||
| Mar 20, 2024 | In contract | - | |
| In contract | |||
| Feb 11, 2024 | Price Decreased |
$225,000
↓ $5K
(2.2%) | |
| Price Decreased | |||
| Oct 17, 2023 | Listed by Ensor & Co., Realtors | $230,000 | |
| Listed by Ensor & Co., Realtors | |||
Property Highlights
Air Conditioning
Fireplace
Parking Details
Total Number of Parking: 2
Parking Features: Open, Parking Lot, Permit Required, Unassigned
Interior Details
Full Bathrooms: 2
Interior Features: Ceiling Fan(s), High Speed Internet, No Interior Steps, Pantry, Primary Bedroom on Main, Walk-In Closet(s), Wet Bar, See Remarks
Appliances: Dishwasher, Exhaust Fan, Microwave, Free-Standing Gas Range, Refrigerator
Flooring Type: Laminate, Tile
Cooling: Central Air
Heating: Central
Living Area: 973
Fireplace Features: None
Exterior Details
Property Type: Residential
Property Sub Type: Condominium
Green Energy Efficient
Property Condition: Resale, Fair
Year Built: 1969
Year Built Source: Public Records
Unit Style: 2nd Floor Entry
View Desription: See Remarks
Fencing: None
Spa Features: None
Levels: One
Construction Materials: Brick Veneer, Vertical Siding
Foundation: Slab
Roof: Flat Tile
Exterior Features: Uncovered Courtyard, Exterior Steps, Gutters Full, Outdoor Grill
Pool Features: None
Lot Features: None
Lot Size Acres: 0.0304
Lot Size Square Feet: 1324.22
Water Source: Public
Financial Details
Tax Year: 2023
Tax Annual Amount: $4,468
Utilities Details
Water Source: Public
Sewer : Public Sewer
Utilities For Property: Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected, See Remarks
Location Details
Directions: From Hwy 183, go south on Burnet Rd to Ashdale Dr. Turn right on Ashdale Dr and the Summit apartment complex is about 1/2 block down on the left. This unit is in building A, second floor.
Community Features: BBQ Pit/Grill, Cluster Mailbox, Common Grounds, Conference/Meeting Room, Courtyard, Laundry Room, Pool, Sidewalks
Other Details
Association Fee Includes: Gas, Maintenance Grounds, Maintenance Structure, Trash, Water
Association Fee: $442
Association Fee Freq: Monthly
Association Name: Summit Condo HOA
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/26/2026
|
2 Bed
|
2 Bath
|
986 ft²
|
$239,000
2 Bed
2 Bath
986 ft²
|
-
-
|
Sondra Sondregger
E3 Properties
| |
|
10/17/2025
|
1 Bed
|
1 Bath
|
642 ft²
|
$150,000
1 Bed
1 Bath
642 ft²
|
$150,000
10/17/2025
|
Elicia Michaud
eXp Realty, LLC
| |
|
09/06/2025
|
1 Bed
|
1 Bath
|
655 ft²
|
$155,000
1 Bed
1 Bath
655 ft²
|
$155,000
09/06/2025
|
Kimberly Mills
Keller Williams - Austin NW
| |
|
08/15/2025
|
1 Bed
|
1 Bath
|
652 ft²
|
$162,500
1 Bed
1 Bath
652 ft²
|
-
-
|
Kelley Menefee
Compass RE Texas, LLC
| |
|
04/09/2025
|
1 Bed
|
1 Bath
|
651 ft²
|
$159,900
1 Bed
1 Bath
651 ft²
|
-
-
|
Jason Heffron
Compass RE Texas, LLC
| |
|
05/22/2025
|
1 Bed
|
1 Bath
|
645 ft²
|
$169,000
1 Bed
1 Bath
645 ft²
|
-
-
|
Kirk Lewis
Kuper Sotheby's Int'l Realty
| |
|
03/26/2025
|
2 Bed
|
2 Bath
|
964 ft²
|
$250,000
2 Bed
2 Bath
964 ft²
|
$250,000
03/26/2025
|
Patricia Goforth
E3 Properties
| |
|
01/08/2025
|
1 Bed
|
1 Bath
|
657 ft²
|
$189,000
1 Bed
1 Bath
657 ft²
|
-
-
|
Steve Roberts
Realty United, LLC
| |
|
01/06/2025
|
2 Bed
|
2 Bath
|
984 ft²
|
$239,000
2 Bed
2 Bath
984 ft²
|
-
-
|
Alicia Ziegner
AUSTARA PROPERTIES, LLC
| |
|
05/03/2024
|
2 Bed
|
2 Bath
|
984 ft²
|
$258,000
2 Bed
2 Bath
984 ft²
|
-
-
|
Elaine Montgomery
Keller Williams Realty C. P.
| |
|
09/06/2024
|
2 Bed
|
2 Bath
|
965 ft²
|
$250,000
2 Bed
2 Bath
965 ft²
|
$250,000
09/06/2024
|
Sondra Sondregger
E3 Properties
| |
|
06/05/2024
|
1 Bed
|
1 Bath
|
652 ft²
|
$200,000
1 Bed
1 Bath
652 ft²
|
$175,000
-12.50%
06/05/2024
|
Arlene Maze
Dochen Realty Group
| |
|
02/29/2024
|
2 Bed
|
2 Bath
|
973 ft²
|
$319,000
2 Bed
2 Bath
973 ft²
|
$295,000
-7.52%
02/29/2024
|
Mara Macon
Berkshire Hathaway TX Realty
| |
|
10/17/2023
|
2 Bed
|
2 Bath
|
973 ft²
|
$230,000
2 Bed
2 Bath
973 ft²
|
$225,000
-2.17%
10/17/2023
|
Kimla Beckham
Ensor & Co., Realtors
| |
|
09/06/2023
|
2 Bed
|
2 Bath
|
971 ft²
|
$250,000
2 Bed
2 Bath
971 ft²
|
$250,000
09/06/2023
|
Jessica Licona
Keller Williams - Austin NW
| |
|
08/16/2023
|
2 Bed
|
2 Bath
|
972 ft²
|
$260,000
2 Bed
2 Bath
972 ft²
|
$250,000
-3.85%
08/16/2023
|
Patton Drewett
Compass RE Texas, LLC
| |
|
10/28/2022
|
2 Bed
|
2 Bath
|
980 ft²
|
$325,000
2 Bed
2 Bath
980 ft²
|
-
-
|
Erin Adcock Thompson
Keller Williams - Round Rock
| |
|
01/21/2022
|
1 Bed
|
1 Bath
|
659 ft²
|
$175,000
1 Bed
1 Bath
659 ft²
|
-
-
|
Jaymes Willoughby
Keller Williams - Austin SW
| |
|
11/05/2021
|
2 Bed
|
2 Bath
|
974 ft²
|
$269,000
2 Bed
2 Bath
974 ft²
|
-
-
|
Nicholas Himes
Keller Williams - Georgetown
| |
|
02/21/2019
|
2 Bed
|
2 Bath
|
984 ft²
|
$185,000
2 Bed
2 Bath
984 ft²
|
-
-
|
Christopher Gunn
Keller Williams Realty
| |
|
02/07/2019
|
1 Bed
|
1 Bath
|
647 ft²
|
$135,000
1 Bed
1 Bath
647 ft²
|
-
-
|
Victor Nino
Keller Williams - Austin NW
| |
|
01/19/2019
|
2 Bed
|
2 Bath
|
984 ft²
|
$184,999
2 Bed
2 Bath
984 ft²
|
-
-
|
Dyron Taylor
Keller Williams - Austin SW
| |
|
06/18/2018
| |
Studio
|
1 Bath
|
652 ft²
|
-
Studio
1 Bath
652 ft²
|
-
-
|
-
|
Building Info
About North Shoal Creek
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Listed by: Kim Beckham
Listed Office: Ensor & Co., Realtors - Listing courtesy of Unlock MLS
Phone: (512) 640-9277
Last Updated: 2024-04-18 18:25:19
Data Source: Unlock MLS, MLS# ACT5753664
Details provided by Unlock MLS as Distributed by MLS Grid and may not match the public record.
Listed Office: Ensor & Co., Realtors - Listing courtesy of Unlock MLS
Phone: (512) 640-9277
Last Updated: 2024-04-18 18:25:19
Data Source: Unlock MLS, MLS# ACT5753664
Based on information from Unlock MLS (alternatively, from ACTRIS). Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website.
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