Active Listing  ·  27 days on market

1811 Webberville Rd #1206

Austin, TX 78721
$339,000
2 Bed 2 Bath 1,165 sqft $291/sqft Built 2024 0.03 acres 1-Car Garage Pool New Construction East Grove Condominiums

Final opportunities are now available at East Grove, a boutique gated condominium community in the heart of East Austin. Only seven residences remain, each offering spacious 2-bedroom, 2-bathroom floor plans from $299k, delivering the kind of thoughtfully designed "missing middle" housing that has become increasingly difficult to find in one of Austin's fastest-growing neighborhoods.

Designed for effortless urban living, East Grove combines modern architecture with everyday convenience. Residents enjoy covered garage parking, private storage units, elevator access, a community sky deck with downtown views, and low HOA dues under $300 per month, making it an ideal lock-and-leave home for professionals, first-time buyers, and investors alike.

Located just minutes from Downtown, Mueller, UT, and Austin-Bergstrom International Airport, East Grove puts some of the city's best restaurants, coffee shops, entertainment, and major employers within easy reach while offering the privacy and security of a gated community.

0 down financing available for qualified buyers!

At $291/sqft, this home is 26% 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

1811 Webberville Rd #1206, Austin, TX 78721

Property Details

Price $339,000
Status Active Listing
Beds 2
Full Baths 2
Half Baths ,
Living Area 1,165 sqft
Lot Size 0.03 acres (1,472.33 sqft)
Year Built 2024
Garage 1 spaces
Stories ,
Type Residential · Condominium
Subdivision East Grove Condominiums
County Travis
Zip Code 78721
$/sqft $291/sqft
Days on Market ,
HOA $275/Monthly
Annual Tax Est. $3,750
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT239150683
List Date July 8, 2026
Elementary School Norman-Sims
Middle School Garcia
High School Lyndon B Johnson (Austin ISD)
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
206 E Wonsley Dr #2
St Anthony Village
$339,000 $316 2 bd / 2 ba 1,074 sqft , 2026-03-20
10501 Bilbrook Pl
Texas Oaks 05
$339,000 $226 3 bd / 3 ba 1,498 sqft , 2026-06-04
5107 Suburban Dr
Battle Bend Spgs Sec 04
$339,000 $276 3 bd / 2 ba 1,228 sqft , 2026-06-13
2208 Enfield Rd #107
Westfield Plaza Condo Amd
$339,000 $388 2 bd / 1 ba 873 sqft , 2026-07-31
6000 Shepherd Mountain Cv #1312
Montevista Condo Ph 02 Amd
$338,500 $339 2 bd / 2 ba 999 sqft , 2026-06-10

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
$1,627/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
$67,800
20% conventional investment loan

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

Estimated Gross Rent+$1,627
Principal + Interest−$1,850
Property Tax (~2.1% TX avg)−$593
Insurance (~0.5%)−$141
Est. Monthly Cash Flow $-957

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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