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$405,717

3101 Govalle Ave Apt 215, Austin, TX, 78702

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,087 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$386.29 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
AppliancesCooktop, Dishwasher, Disposal, Electric Cooktop, Exhaust Fan, Microwave, Oven, Stainless Steel Appliance(s)
FlooringLaminate, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesNone
Lot Size1,655 sqft

Building Information

Year Built2020
Stories1

Land Information

APN02061334350000
Lot Number215
SubdivisionHom Condominiums
Land UseResidential
Legal DescriptionUNT 215 HOM CONDOMINIUMS PLUS 1.712 % INT IN COM AREA
Census Tract000801
Assessed Land Value$579
Assessed Improvement Value$405,138
Assessment Year2025

About this property

Incredible opportunity to own a stylish and light-filled condo in the vibrant Govalle neighborhood of East Austin! This nearly new construction unit is designed for modern living, featuring an open floor plan where the kitchen flows seamlessly into the living area, perfect for entertaining or simply relaxing at home. Large windows flood the space with natural light, creating a bright and airy atmosphere throughout. The condo boasts two spacious bedrooms, including a primary suite with an amazing ensuite bathroom and large walk-in closet, offering a perfect retreat at the end of the day. Outside, residents can enjoy a beautiful community pool, perfect for cooling off or unwinding with friends in the hot Texas summers. Just minutes away from the buzzing East 6th Street dining, shopping, and bar scene, this home offers the ideal balance of urban convenience and neighborhood charm. WALK to Austin favorites like Bambino Pizza, Desnudo Coffee, Murray's Tavern, The Cavalier, Kitty Cohen's, Austin Bouldering Project, Atlas Sandwich, Springdale General (Caffe Medici, Front Page Bar, Uroko Sushi), and so much more. Don’t miss your chance to experience the best of East Austin living in this move-in-ready Govalle gem!

Investor Tools

Property Icon
$405,717
Estimated Property Value
$363,600Estimated Mortgage Balance
$0Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,519 /month
Positive
Cash Flow Estimate:
$840 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$798/month
$349/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,544
$405,717
2025
$579
$405,138
$405,717
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,544
$405,717

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$405,717
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,386/mo
$349/mo
+$1,037/mo
4.1%

Learn About the Market: Opportunity in Austin

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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

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