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$305,000

3111 Tom Green St Apt 203, Austin, TX, 78705

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths803 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$404.73 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace

Exterior

Lot Size1,159 sqft

Building Information

Year Built1983
Stories1
Roof Type105

Land Information

APN02150506170013
Lot Number303
SubdivisionHeritage Condominiums Amended The
Land UseCondominiums
Legal DescriptionUNT 203 BLD A HERITAGE CONDOMINIUMS AMENDED THE PLUS 3.37% INTEREST IN COMMON AREA
Census Tract000500
Assessed Land Value$115,675
Assessed Improvement Value$179,438
Assessment Year2025

About this property

Location, location, location, this two-bedroom, two-bathroom condo in the Heritage Condos community puts you right in the heart of it all. Located in Austin’s sought-after North University area and just steps from iconic Hyde Park, it’s a perfect location for students, UT staff, and savvy investors. With the University of Texas just three blocks away, getting to class (or work) is as easy as a quick stroll or bike ride. Inside, the open floor plan creates a spacious and connected feel, with wood floors flowing throughout the main living area. Recent HVAC system installed in 2024 adds an extra layer of comfort and peace of mind, making this condo as practical as it is well-located. The gated community offers secure entry and two reserved parking spots—though with a location this walkable, a car is almost optional. Metro access is nearby, and local favorites are just around the corner. Grab a burger at Crown & Anchor, unwind in one of the nearby parks, or hit a local trail with your pup. Whether you're after a low-maintenance home base or a property with prime location appeal, this condo delivers. With consistent rental demand, limited inventory, and a high-traffic rental market, it’s also a smart, long-term investment opportunity in one of Austin’s most desirable areas. Buyer to verify info.

Investor Tools

Property Icon
$305,000
Estimated Property Value
$232,500Estimated Mortgage Balance
$72,834Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,950 /month
Positive
Cash Flow Estimate:
$650 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$457/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,957
$295,113
2025
$115,675
$179,438
$295,113
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,957
$295,113

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$307,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,990/mo
N/A
+$1,990/mo
7.8%

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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