$199,000
2 bd · 1 ba · 850 sqft
2706 Wheless Ln #503, Austin, TX 78723
2706 Wheless Ln #503, Austin, TX 78723 is a 2-bedroom, 1-bathroom condominium listed at $199,000 ($234/sqft). 850 sqft. Built in 1984. MLS #5871500. Listed by Realty of America, LLC.
Property Overview
This fully renovated two-bedroom condo at 2706 Wheless Lane in Austin's Vista Alegre community offers exceptional value with modern finishes and investment flexibility. The 850 square foot first-floor unit was completely gutted and rebuilt in 2023, featuring granite countertops, recessed lighting, an open floor plan, and a walk-in closet. Laminate flooring throughout complements the updated kitchen with dishwasher and range, while the family room includes a fireplace for added warmth and character. At $199,000 with a price per square foot of $234, this property positions itself well below surrounding valuations.
The gated Raintree Luxury Condominium Community provides a secure living environment with two assigned parking spaces and sidewalk-lined streets. Located just minutes from Mueller, H-E-B, and The Domain, residents enjoy convenient access to dining, shopping, and employment centers while staying only 15 minutes from downtown Austin. The $325 monthly HOA fee covers water, sewer, trash, common area maintenance, landscaping, and structural insurance, simplifying ownership costs.
Vox Real Estate Insight
What makes this property particularly compelling is the confluence of affordability, modern renovation quality, and short-term rental permission—a rare combination in Austin's current market that appeals to both owner-occupants and investors. The Vox Real Estate team recognizes that fully renovated units in gated communities near established neighborhoods like Mueller typically command 10-15% premiums, making this entry point genuinely attractive for buyers seeking value-add potential.
Agent Description
Welcome to this fully renovated condo just 15 minutes from downtown, 5 minutes from Mueller, 5 minutes to H-E-B, and just 18 minutes to The Domain. This is a great opportunity for anyone looking to invest or owner occupy in the heart of Austin without the long commute or high price. Each property has been entirely gutted and rebuilt in 2023 & is in a gated community. HOA allows Airnbnb & STRs. Seller is contributing $2,500 for Closing costs with Preferred lender. HOA includes water/sewer, trash, common electric, landscaping, and insurance for exterior/structural
Property Details
| Property Type | Condominium |
| Year Built | 1984 |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Living Area | 850 sqft |
| Lot Size | 0.78 acres |
| Price / Sqft | $234 |
| Stories | Two |
| Condition | Resale |
| Unit Style | 1st Floor Entry |
| Subdivision | Vista Alegre 02 |
| County | Travis |
| MLS Area | 3 |
| Listed | Sep 28, 2026 |
| MLS # | 5871500 |
| Listed By | Realty of America, LLC |
| Contact | (512) 788-9495 |
Interior
| Flooring | Laminate |
| Appliances | Dishwasher, Range, Refrigerator, Washer/Dryer |
| Interior Features | Ceiling Fan(s), Granite Counters, Open Floorplan, Recessed Lighting, Walk-In Closet(s) |
| Windows | Blinds |
| Fireplaces | 1 (Family Room) |
| Laundry | Inside, Laundry Room |
| Living Areas | 1 |
| Dining Areas | 1 |
Systems & Utilities
| Cooling | Ceiling Fan(s), Central Air |
| Heating | Central |
| Utilities | Electricity Available, Sewer Available, Water Available |
| Water Source | Public |
| Sewer | Public Sewer |
Exterior & Lot
| Construction | Brick, HardiPlank Type |
| Roof | Composition, Shingle |
| Foundation | Slab |
| Lot Features | Level |
| Faces | Northwest |
Parking
| Parking Spaces | 2 |
| Parking Features | Common |
Community & HOA
| HOA | Yes |
| HOA Name | RAINTREE LUXURY CONDOMINIUM COMMUNITY |
| HOA Fee | $325 / Monthly |
| Fee Includes | Common Area Maintenance, Insurance, Sewer, Trash, Water |
| Community Features | Gated, Sidewalks |
Assigned Schools
| Elementary | Harris |
| Middle | Bertha Sadler Means |
| High | Northeast Early College |
| District | Austin ISD |
Taxes & Legal
| Tax Year | 2025 |
| Assessed Value | $0 |
| Parcel # | 2706 Wheless Lane Unit 503, Austin, TX 78723 |
| Legal Description | LOT 1 VISTA ALEGRE II |
| FEMA Flood Plain | No |
| In ETJ | No |
| Listing Conditions | Standard |
Listing data last updated:
Frequently Asked Questions
What is the listing price of 2706 Wheless Ln #503, Austin, TX 78723?
This property is listed at $199,000, which is $234 per square foot.
How many bedrooms and bathrooms does 2706 Wheless Ln #503, Austin, TX 78723 have?
This home has 2 bedrooms and 1 bathroom, with 850 square feet of living space.
When was 2706 Wheless Ln #503, Austin, TX 78723 built?
This property was built in 1984, making it 42 years old.
How long has 2706 Wheless Ln #503, Austin, TX 78723 been on the market?
This listing has been on the market for 3 days. This is a recent listing.
What type of property is 2706 Wheless Ln #503, Austin, TX 78723?
This is a Condominium on a 33,776.42 sqft lot.