$575,000

Property Overview

This brand-new three-bedroom condominium at 7920 Mullen Drive in Allandale presents a rare opportunity in central Austin's most accessible neighborhood. Unit 5 spans three thoughtfully designed levels, anchored by a main-floor entry connected to a private two-car garage, an open-concept kitchen and living area on the second level, and two ensuite bedrooms crowning the third floor. The primary suite and guest spaces each feature dedicated full baths, while a covered balcony patio on the highest level provides a serene retreat overlooking the community. This newly constructed nine-unit complex offers modern finishes and smart floor plans that balance privacy with entertainment-focused living.

Positioned between the Domain and Downtown Austin, 7920 Mullen Drive captures the best of both worlds—proximity to major employment hubs, dining destinations, and cultural venues without sacrificing the calm, tree-lined character that defines Allandale. The neighborhood's strong community spirit, access to Shoal Creek, and excellent schools make this location equally appealing for primary residence or investment purposes. At $377 per square foot, this unit sits seven percent below the area median, reflecting genuine value in a desirable central Austin location for buyers seeking modern construction without the premium pricing of trendier neighborhoods.

Vox Residential Insight

The STR-friendly designation combined with new construction makes this Mullen Drive unit particularly compelling for the Austin investor class, especially in a neighborhood like Allandale that's seeing renewed interest from both families and remote workers. At Vox Residential, we recognize that central locations with moderate pricing and modern amenities create the strongest long-term appreciation potential in this market.

Agent Description

Experience the perfect blend of modern luxury and urban convenience in this brand-new, 9-unit condo community. Strategically located halfway between the high-energy Domain and the heart of Downtown Austin, this location offers an effortless commute and easy access to the city’s best dining and entertainment. Unit #5 Highlights: Three-Level Living: A spacious, thoughtful layout designed for privacy and flow. Main Level: Convenient entry adjacent to your private, attached 2-car garage. Second Level: An entertainer’s dream featuring an open-concept kitchen and living area, plus a versatile guest bedroom with a full bath. Third Level: Two additional bedrooms, including a stunning primary suite. Both bedrooms feature dedicated en-suite full baths for ultimate comfort. Outdoor Oasis: Relax on your private, covered balcony patio located on the third floor. There is also a private fenced small yard. Investment Opportunity: This complex is Short-Term Rental (STR) friendly, making it a premier choice for investors or homeowners looking for flexibility. With all 9 units currently available, this is your chance to secure a prime piece of Austin real estate.

Neighborhood: Allandale

This property is located in Allandale, Austin, TX. The area is known for Strong Community, Shoal Creek, Good Schools, Mid-Century Ranches, Affordable Central Austin.

At $377/sqft, this listing is priced 10% below the Allandale median of $421/sqft.

Property Details

Listing data last updated: July 16, 2026

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