Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours

$870,000

NAL Estimated Property Value

2931 E Martin Luther King Jr Blvd, Austin, TX, 78702

Off MarketInfo
Beds5 Beds
Baths3 Bath
Baths2,624 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$323.93 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling

Exterior

Lot Size8,276 sqft

Building Information

Year Built2006
Stories2
Roof Type105
Garage Spaces1

Land Information

APN02121303060000
Lot Number1
SubdivisionDivision B
Land UseResidential
Legal Description0.19 AC OF LOT 1 OLT 28 DIVISION B
Census Tract000802
Assessed Land Value$242,760
Assessed Improvement Value$605,303
Assessment Year2025

About this property

Located in vibrant East Austin, the Rosewood neighborhood, this unique property offers exceptional flexibility for owner-occupants and investors. The lovely river rock residence features 3 bedrooms and 3.5 baths across 1,746 square feet, complemented by a separate one-story guest cottage with 2 bedrooms and 2 baths spanning 848 square feet, ideal for multigenerational living, student housing, guest suite, or rental income from one or both homes. Built in 2006, both homes blend thoughtful design with modern updates. Upon entering the main home, you’re welcomed by a striking wood-burning fireplace, wrapped in natural river stone from floor to ceiling, creating a warm and inviting focal point for the downstairs living space. Both kitchens have been beautifully refreshed, and two bathrooms have been fully remodeled with luxury finishes, adding style and comfort throughout. The yards were thoughtfully landscaped with roses and native plants, ready for spring pruning and features a raised garden bed behind unit B, ready for planting. Parking features include a carport for the main house, a double driveway, and a crushed granite circular drive for easy access and exit. Walkable and bikable, this location is unbeatable just half a block from Zeds Fruit Ice Cream and half a mile from the acclaimed Birdies Restaurant. MLK MetroRail Station (1/3 mile) Enjoy quick access to HEB and dining at the Mueller District (2 miles), Downtown Austin (3 miles), and Austin-Bergstrom International Airport (6 miles). Whether you’re seeking a flexible living arrangement, an income-producing property as a LTR or STR, or a home that places you at the center of East Austin’s energy, this residence delivers on possibility, comfort, and location. Seller financing option.

Investor Tools

Property Icon
$870,000
Estimated Property Value
$0Estimated Mortgage Balance
$53,178Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,220 /month
Positive
Cash Flow Estimate:
$1,740 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,810/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$17,367
$848,063
2025
$242,760
$605,303
$848,063
No

Tax History

Year
Tax Paid
Assessed Value
2024
$17,367
$848,063

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$865,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Austin

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

Explore

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.

Explore Texas Explore This Area
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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

2931 E Martin Luther King Jr Blvd | Property Details | No Agent List