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$1,278,000

NAL Estimated Property Value

1503 E 3rd ST A and #B, Austin, TX, 78702

$1,395,934 ARVInfo
Off MarketInfo
Beds6 Beds
Baths4 Bath
Baths2,371 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$539.01 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market List

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms 4Bathrooms 4
AppliancesDishwasher, Disposal, Gas Cooktop, Microwave, Refrigerator, Stainless Steel Appliance(s), Washer/Dryer Stacked, Tankless Water Heater
FlooringLaminate

Exterior

Private PoolPrivate Pool
Exterior FeaturesBarbecue, Uncovered Courtyard

About this property

Immerse yourself in the vibrant heart of Austin. This 2020-built, 2-condo regime property, (listing includes both Unit A&B). Property is a prime investment for short-term rental ventures offering a rare 6 BDRMs. Located mere moments from downtown's lively scene with great walkability to dining, entertainment venues, coffee shops and more, not to mention the Comal Pocket Park right across the street, this property has a proven rental track record. (STR rent for both properties available by request). Unit A, with three comfortable bedrooms and two chic bathrooms, blends style with comfort. The interior is graced with waterproof, ash-colored vinyl plank flooring and vaulted ceilings, accented by recessed lighting, creating an inviting, open atmosphere. Prioritize comfort with remote-controlled mini-split A/C systems in each room and enjoy the efficiency of Rinnai tankless water heaters. Enhanced security is assured with the Ring Doorbell system. Unit(s) also feature a multi-functional office or living area upstairs, spacious closets, and 2 covered outdoor living areas, (one can be 2-car carport), currently both utilized as charming outdoor spaces for STR guests. The fully fenced outdoor area, adorned with mature trees and xeriscaping, provides a peaceful urban oasis and private compound feel. Its superb location, just three blocks from the Capital Metro train and adjacent to Comal City Park, perfectly balances city accessibility with tranquil living. Near E 3rd Street, a plethora of entertainment awaits, from unique dining and live music to cultural sites and vibrant nightlife, making it a magnet for STR investors. Seize this opportunity to invest in a blend of contemporary comfort, strategic location, and Austin's dynamic spirit. The listing broker makes no warranties regarding the accuracy of information provided and buyers are advised to conduct their own due diligence

Investor Tools

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$0
Estimated Property Value
$0Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$1,395,933
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,668 /month
Positive
Cash Flow Estimate:
$2,556 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

Learn About the Market: Opportunity in Austin

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Austin

Austin may be the Live Music Capital of the World, but it’s also one of America’s fastest-growing innovation hubs. Fueled by tech expansion, the University of Texas, state government, and a steady influx of new residents, Austin blends startup energy with Hill Country charm.

From downtown high-rises overlooking Lady Bird Lake to booming suburbs like Round Rock and Leander, the region attracts younger professionals, entrepreneurs, and remote workers seeking opportunity with lifestyle. Austin isn’t just growing — it’s redefining what modern Texas looks like.

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Population Growth

Population Growth

~0.4%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$555,300

Unemployment Rate

Unemployment Rate

3.20%

Price Trend

Price Trend

~0.4% YoY growth

New Permits

New Permits

2,269 units

City: Austin

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1503 E 3rd ST A and #B | Property Details | No Agent List