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$1,075,000

NAL Estimated Property Value

206 E 31st ST 101-A, 201-B, Austin, TX, 78705

Off MarketInfo
Baths0 Bath
Baths2,800 Sq Ft
DuplexDuplex
price_per_sqft$383.93 / sqft
Year BuiltBuilt in 1935

Highlights

Interior

Bathrooms 0Bathrooms 0
AppliancesDishwasher, Disposal, Gas Range, Gas Oven, Refrigerator, Washer/Dryer Stacked
FlooringLaminate, Tile

Building Information

Garage Spaces2

About this property

INVESTMENT OPPORTUNITY! Rare, updated building with two 3 bed/2 full bath units just one block from UT in Prime North Campus. Comes with dedicated parking spots and garage spots. Students, grad students love the location, the amount of space, and the floor plan. Upper unit has large deck. Both units currently leased thru 7/31/23 with total lease income of $5950. Unit 201B leased for 2023-2024 school year for $3250/month. Unit 101A is currently listed for lease. Deeded as a 2-condo building. Use condo contract. Title open with Crystal Sandoval, WFG Title. Cash or hard money loan to purchase units together. Units may be purchased separately w/conventional financing. Ask agent for details. NOTE: Back garage apartment is not included, separate owner. Front building for sale only. Contact listing agent for showings & info. All listing information to be independently verified by buyer/buyer's agent.

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$0Estimated Mortgage Balance
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0% equity
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,450 /month
Positive
Cash Flow Estimate:
$2,150 /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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206 E 31st ST 101-A, 201-B | Property Details | No Agent List