About This Home

Hurry to see this condo soon! https://myre.io/0sQ50N19GM0r Experience elevated living in this exceptional modern residence, thoughtfully designed with sophisticated finishes, generous living spaces, and seamless indoor-outdoor flow. Set on an oversized lot, this stunning home offers the perfect balance of style, comfort, and functionality. 3 bedrooms, 3.5 baths and additional flex space as a 4th bedroom, playroom, or a guest room. Featuring soaring 12-foot ceilings, walls of windows, polished cement floors, hardwood flooring, and multiple balconies.

At $393/sqft, this home is priced in line with the Austin market average of $392/sqft across 4,588 active listings. View Austin market report →

Location

1127 Gunter St #1, Austin, TX 78702

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Property Details

Price $950,000

Status Active Listing

Beds 3

Full Baths 3

Half Baths 1

Living Area 2,416 sqft

Lot Size 0.14 acres (6,298.78 sqft)

Year Built 2018

Garage 1 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision East Austin

County Travis

Zip Code 78702

$/sqft $393/sqft

Days on Market ,

HOA None / verify with agent

Annual Tax Est. ,

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT245876303

List Date September 4, 2026

Elementary School Govalle

Middle School Martin

High School Eastside Early College

School District ,

Have Questions About This Property?

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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 · September 4, 2026 $1,000,000

Current ask $950,000

▼ Reduced $50,000 (-5.0%) 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

1182 Oakgrove Ave #A
1182 Oak Grove Ave Condos $945,000 $327 3 bd / 4 ba 2,889 sqft , 2026-06-05

3524 Gonzales St #1A
Grange Commons $958,000 $446 3 bd / 4 ba 2,147 sqft , 2026-06-02

2921 Lyons Rd #1
Chernosky 14 $915,000 $489 3 bd / 3 ba 1,871 sqft , 2026-03-13

4700 Bolm Rd
Gullett Gardens 02 $995,000 $529 3 bd / 4 ba 1,881 sqft , 2026-09-11

3101 Lyons Rd
Chernosky 14 $900,000 $381 4 bd / 5 ba 2,364 sqft , 2026-08-07

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

$4,560/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

$190,000

20% conventional investment loan

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

Estimated Gross Rent+$4,560

Principal + Interest−$5,185

Property Tax (~2.1% TX avg)−$1,663

Insurance (~0.5%)−$396

Est. Monthly Cash Flow $-2,684

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

About the Author

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 September 14, 2026.

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

1127 Gunter St #1