Active Listing  ·  88 days on market

105 Elkhart St #3

Austin, TX 78702
$575,000
2 Bed 3 Bath 964 sqft $596/sqft Built 2021 0.04 acres 1-Car Garage Pool ELKHART CONDOMINIUMS

This little gem at 105 Elkhart St will make you beam. Come see this turn-key 2021-built beauty in the vibrant East Cesar Chavez neighborhood—perfectly right-sized at 964 sq ft with 2 bedrooms and 2.5 baths that live large thanks to expert design, hardwood flooring, clever built-ins, elegant finishes, full-size appliances, a projector-equipped living room for movie nights, and a spacious master suite with walk-in shower. It features a one-car garage, fenced yard, and thoughtful touches throughout that make everyday living effortless.

Nestled in a walker’s paradise (94 Walk Score), you’re steps from beloved local spots like Lou’s, Quickie Pickie, the iconic Juan in a Million, Juiceland, and Flat Track Coffee, plus easy access to Lady Bird Lake trails for recreation. The neighborhood pulses with authentic Austin energy—authentic eats, breweries, art galleries, shops, and live music—while being just 2 miles from downtown Austin’s skyline, South Congress Avenue’s vibrant retail and dining, and endless entertainment options. Only 5 miles to the airport, this cash-cow property offers unbeatable lifestyle and investment potential. It is a quick commute to the University of Texas or great option for an investor. Buy with confidence—possible seller financing available.

At $596/sqft, this home is priced 52% above the Austin active market average of $391/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

105 Elkhart St #3, Austin, TX 78702

Property Details

Price $575,000
Status Active Listing
Beds 2
Full Baths 2
Half Baths 1
Living Area 964 sqft
Lot Size 0.04 acres (1,751.11 sqft)
Year Built 2021
Garage 1 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision ELKHART CONDOMINIUMS
County Travis
Zip Code 78702
$/sqft $596/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $12,149.47
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT229059543
List Date May 8, 2026
Elementary School Zavala
Middle School Martin
High School Eastside Early College
School District ,

Luke Allen (TREC #788149) has deep knowledge of Austin and surrounding markets. Whether you're buying, selling, or just researching comparable sales, reach out for a no-pressure conversation.

Schedule a Call →

Similar Homes on the Market in Austin

Comparable Listings Right Now

Homes currently for sale in Austin with similar bedroom count, size, and price range, giving you real-time context for how this property's asking price compares to the active market.

AddressList Price$/sqftBeds/BathsSqftDOMListed
1000 Liberty Park Dr #204
Liberty Park Condo Amd
$575,000 $483 2 bd / 2 ba 1,191 sqft , 2026-03-20
2403 Little John Ln
Sherwood Oaks Sec 03
$575,000 $453 3 bd / 1 ba 1,269 sqft , 2026-07-07
1102 N Cuernavaca Dr
Austin Lake Hills Sec 03
$575,000 $831 1 bd / 1 ba 692 sqft , 2026-07-06
902 Calle Limon Rd #B
FISCHER GARDENS
$575,000 $616 2 bd / 3 ba 933 sqft , 2026-07-29
7602 Northcrest Blvd #2
Holiday Hills Sec 01
$574,990 $497 2 bd / 3 ba 1,156 sqft , 2026-02-23

Source: ACTRIS MLS, live listings. Similar by ±1 bed, ±35% price, ±35% sqft. Contact Luke for a formal comparative market analysis.

Investment Analysis

Rental Income Potential

The numbers below use conservative Austin-market assumptions. They are estimates, not a guarantee. Actual rents vary by condition, timing, and management. Read our full Austin rental property guide →

Est. Monthly Rent
$2,760/mo
0.48% rule · conservative Austin est.
Gross Yield
5.76%
Annual rent ÷ purchase price
Cap Rate (est.)
3.46%
NOI after 40% vacancy + expenses
Down Payment
$115,000
20% conventional investment loan

Monthly Cash Flow Breakdown (20% down · 7.25% rate)

Estimated Gross Rent+$2,760
Principal + Interest−$3,138
Property Tax (~2.1% TX avg)−$1,006
Insurance (~0.5%)−$240
Est. Monthly Cash Flow $-1,624

At current rates and prices, many Austin luxury properties run neutral or slightly negative on pure cash flow, appreciation and equity paydown are the primary return drivers. BRRRR and off-market acquisitions can improve day-one cash flow. Learn about the BRRRR method in Austin →

Commute & Employment

Major Employers Near Austin, TX

Austin sits within commuting range of Austin's major tech, manufacturing, and corporate campuses. Approximate drive times from this area:

Tesla Gigafactory 15-25 min E
Apple Campus (Domain) 20-30 min N
Google / Meta / Indeed 10-15 min downtown
Dell Medical School / UT Austin 10-20 min
Samsung Austin Semiconductor 25 min N

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