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$434,602

3101 Govalle Ave Apt 103, Austin, TX, 78702

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,040 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$394.23 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2

Exterior

Lot Size1,586 sqft

Building Information

Year Built2020
Stories1

Land Information

APN02061334040000
Lot Number103
SubdivisionHom Condominiums
Land UseResidential
Legal DescriptionUNT 103 HOM CONDOMINIUMS PLUS 1.638 % INT IN COM AREA
Census Tract000801
Assessed Land Value$554
Assessed Improvement Value$434,048
Assessment Year2025

About this property

**Deadline: Submit Final offers by 4/11/24 12:00pm Noon** 4/1/24 Price improvement! This misunderstood gem won't be available much longer. (BOM: Was under contract yet the buyer's family preferred a single-family residence for more rooms) This 1st-floor condo offers discreet observation of the parking lot, convenience, safety, and tranquility. Tinted windows provide privacy while being able to monitor neighbor activity. The frosted lower windows add extra privacy without compromising light. Motivated Seller is pricing this 1 bedroom 1 flex room 2 bathroom at $410,000 whereas another unit with the same layout sold for $45,000-$55,000 more a few months ago. - ready to move in "Discover this PRICED-TO-SELL exquisite 2 bedroom, 2 bathroom condominium nestled in the heart of the burgeoning East Austin district. Built in 2020, this condo boasts an abundance of pristine white kitchen cabinetry, sleek quartz countertops, a standalone kitchen island, and top-of-the-line appliances. This vibrant community offers an array of amenities, including a pool, clubhouse, eco-friendly rain garden, climate-controlled corridors, and secure gated parking. You'll find yourself conveniently situated near downtown, the State Capitol, UT Austin, the Dell Medical Center, and a plethora of delectable dining options. Plus, a swift 10-minute drive will have you at Austin Bergstrom International Airport. HOM Neighborhood Condominiums is situated within a peaceful residential enclave, surrounded by charming single-family homes and tree-lined streets. You'll be in close proximity to a diverse selection of local businesses, from quaint boutiques and breweries to art galleries, small farms, and recreational opportunities."

Investor Tools

Property Icon
$434,602
Estimated Property Value
$407,400Estimated Mortgage Balance
$0Estimated Equity
6% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,608 /month
Positive
Cash Flow Estimate:
$869 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$385/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,442
$434,602
2025
$554
$434,048
$434,602
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,442
$434,602

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bay Equity Llc
Conventional
$407,400
No
First
May 1, 2024
Jun 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$393,393
$41,209
9%
91%
$2,443/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,386/mo
$2,443/mo
$-1,057/mo
3.8%

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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3101 Govalle Ave Apt 103 | Property Details | No Agent List