Active Listing  ·  23 days on market

1101 E Parmer Ln #315

Austin, TX 78753
$275,000
3 Bed 3 Bath 1,651 sqft $167/sqft Built 2007 0.11 acres 2-Car Garage Pool Bella Terra Condo Amd

Move-in ready 3-bedroom, 2.5-bath condo in Bella Terra Condos, a gated community in North Austin, offering 1,651 sq ft of thoughtfully designed living space. This turn-key home includes all appliances, so you can settle in from day one.

The open-concept main level flows easily between kitchen and living areas, ideal for everyday living and entertaining. Upstairs, the primary suite offers a private retreat, while two additional bedrooms provide flexible space for family, guests, or a home office. A rare 2-car garage adds everyday convenience you won't find in every condo.

Enjoy lock-and-leave living with HOA-covered maintenance, all within a secure gated community just minutes from The Domain and both Apple campuses, with easy highway access to Downtown Austin. HOA dues cover gas & water utilities, plus common area maintenance & repairs.

At $167/sqft, this home is 57% below the Austin active market average of $391/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

1101 E Parmer Ln #315, Austin, TX 78753

Property Details

Price $275,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,651 sqft
Lot Size 0.11 acres (4,900.5 sqft)
Year Built 2007
Garage 2 spaces
Stories ,
Type Residential · Condominium
Subdivision Bella Terra Condo Amd
County Travis
Zip Code 78753
$/sqft $167/sqft
Days on Market ,
HOA $565/Monthly
Annual Tax Est. $5,725.52
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT241777794
List Date July 30, 2026
Elementary School Copperfield
Middle School Westview
High School John B Connally
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.

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Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · July 30, 2026 $280,000
Current ask $275,000
Reduced $5,000 (-1.8%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

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
1101 E Parmer Ln #318
Bella Terra Condo Amd
$255,000 $177 2 bd / 3 ba 1,441 sqft , 2026-01-22
12287 Abbey Glen Ln #D-1
Victoria Glen Amd
$299,999 $174 3 bd / 3 ba 1,722 sqft , 2026-05-02
1101 E Parmer Ln #217
Bella Terra Condo Ph 02 Amd
$250,000 $173 2 bd / 3 ba 1,441 sqft , 2026-08-21
1121 Peggotty Pl
Copperfield Sec 02-D
$309,999 $285 3 bd / 2 ba 1,086 sqft , 2026-04-16
12213 Shropshire Blvd
Copperfield Sec 01 Ph A
$310,000 $167 3 bd / 2 ba 1,851 sqft , 2026-06-02

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
$1,320/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
$55,000
20% conventional investment loan

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

Estimated Gross Rent+$1,320
Principal + Interest−$1,501
Property Tax (~2.1% TX avg)−$481
Insurance (~0.5%)−$115
Est. Monthly Cash Flow $-777

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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About the Author
Luke Allen, Austin TX Realtor, TREC #788149
Luke Allen
Licensed Austin TX Realtor · TREC #788149 · Full-time since 2019
★★★★★ 5.0 on Google · 30 Reviews

Luke Allen is a full-time Austin TX Realtor with the Austin Marketing + Development Group brokerage. He works with buyers, sellers, and investors across every Austin ISD and the surrounding neighborhoods, from Downtown and East Austin to Round Rock, Cedar Park, and the Hill Country. Every page on this site is written and maintained by Luke. This page was last updated on August 19, 2026.

📞 (254) 718-2567 [email protected] More about Luke →