ActiveResidential · sale

2516 Hopsack Mills

Austin, TX 78748

$479,000

  • 3 beds
  • 3 baths
  • 2,407 sq ft
  • 0.27 acres
  • Built 2016

Listed by Compass RE Texas, LLC · MLS #ACT9894141

2516 Hopsack Mills, Austin, TX 78748 — photo 1 View full photo
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A FEW THINGS TO NOTICE

What stands out.

Living spaces

The open floorplan creates seamless flow between the living room, dining area, and kitchen, while rich wood flooring and clean modern finishes add warmth and sophistication throughout.

Year built

Built in 2016.

Garage parking

2 garage spaces listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

**SELLERS TO PAY FOR SIX MONTHS OF HOA’S IN ADVANCE FOR BUYER** Buyer terminated due to financing only. Welcome to 2516 Hopsack Mills Rd, a beautifully designed light-filled modern home in the sought-after Gabardine condo community of South Austin. Offering just over 2,400 square feet of thoughtfully designed living space, this stylish residence blends contemporary comfort with an open, airy layout perfect for both entertaining and everyday living.
Step inside to soaring ceilings, oversized windows, and abundant natural light that fills the spacious main living area. The open floorplan creates seamless flow between the living room, dining area, and kitchen, while rich wood flooring and clean modern finishes add warmth and sophistication throughout.
The spacious primary suite is conveniently located on the main floor, offering privacy and ease of living. Filled with natural light, the retreat-like bedroom features generous proportions and a calming modern aesthetic. Upstairs, two additional bedrooms provide flexible space for family, guests, a home office, or creative studio setup.
Designed for effortless living, this home combines contemporary style with functional spaces in one of South Austin’s most convenient locations. Residents of the Gabardine community enjoy a low-maintenance lifestyle with beautifully maintained surroundings and easy access to nearby parks, trails, shopping, and dining. Located just minutes from South Menchaca entertainment districts, local breweries, coffee shops, and major commuter routes, this home offers the perfect balance of peaceful community living and vibrant Austin convenience.
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THE NEIGHBORHOOD

Explore the location.

2516 Hopsack Mills, Austin, TX 78748

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
2016
Full baths
2
Half baths
1
Garage spaces
2
Cooling
Central Air
Heating
Central
Appliances
Dishwasher, Disposal, Gas Cooktop, Gas Range, Microwave, Water Heater
Flooring
Carpet, Tile, Wood
Fencing
Back Yard
Accessibility
None
Pool features
None
Subdivision
Gabardine Condo
Parcel
04383018570000
HOA
Gabardine HOA
HOA amenities
Common Area Maintenance, Insurance, Landscaping
HOA fee frequency
Monthly
Elementary school
Baranoff
Middle school
Bailey
High school
Bowie
Annual property tax
$10,542.00
HOA fee
$535.21

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase$26.90
Estimated monthly rent$1,995.83
Cap rate0.32%

Annual operating income: $1,520.25

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Adjust assumptions
Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interest—Loan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

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2516 Hopsack Mills, Austin, TX 78748 · MLS #ACT9894141

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Listing information

MLS #ACT9894141 · Austin Board of Realtors

Listing brokerage: Compass RE Texas, LLC
Listing agent: Michael Reisor

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.