Active Listing  ·  2 days on market

1811 Webberville Rd #1307

Austin, TX 78721
$309,000
2 Bed 2 Bath 1,043 sqft $296/sqft Built 2025 0.03 acres 1-Car Garage Pool New Construction East Grove Condominiums

Final opportunities are now available at East Grove, a boutique gated new construction community in the heart of East Austin. With only seven residences remaining, East Grove offers spacious 2-bedroom, 2-bathroom homes starting from just $299K, delivering thoughtfully designed "missing middle" housing in one of Austin's most dynamic neighborhoods.

Designed for effortless urban living, East Grove combines modern architecture, functional floor plans, and everyday convenience. Residents enjoy covered garage parking, private storage units, elevator access, a gated entrance, and a community sky deck with Downtown Austin views. With HOA dues under $300 per month, East Grove offers an attractive low-maintenance lifestyle for primary residents, second-home buyers, and investors alike.

For added flexibility, short-term (STR) and mid-term (MTR) rentals are permitted by the condominium regime, subject to applicable City of Austin regulations, licensing, permitting, and other governmental requirements. Buyers should independently verify current rental regulations and obtain any required permits or licenses.

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

With only six residences remaining and pricing from $299K, this is a unique opportunity to own in East Austin with space, location, amenities, and rental flexibility.

0% down financing available for qualified buyers!

Pricing, availability, HOA dues, financing, and rental policies are subject to change. Buyer to independently verify all information.

At $296/sqft, this home is 24% 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 #1307, Austin, TX 78721

Property Details

Price $309,000
Status Active Listing
Beds 2
Full Baths 2
Half Baths ,
Living Area 1,043 sqft
Lot Size 0.03 acres (1,467.97 sqft)
Year Built 2025
Garage 1 spaces
Stories ,
Type Residential · Condominium
Subdivision East Grove Condominiums
County Travis
Zip Code 78721
$/sqft $296/sqft
Days on Market ,
HOA $275/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT244128292
List Date August 20, 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
5307 King Henry Dr
Cavalier Park Sec 03
$310,000 $278 3 bd / 2 ba 1,116 sqft , 2026-07-30
1813 Rhodes Rd
Owens Murray
$312,800 $315 2 bd / 2 ba 992 sqft , 2026-06-12
1105 Richardine Ave
Brooksdale
$300,000 $401 3 bd / 1 ba 748 sqft , 2025-12-01
5408 King Henry Dr
Cavalier Park Sec 03
$299,990 $250 3 bd / 2 ba 1,201 sqft , 2026-08-14
1119 Mark St #D
Pecan Valley
$299,950 $417 2 bd / 1 ba 720 sqft , 2026-07-06

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
$1,483/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
$61,800
20% conventional investment loan

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

Estimated Gross Rent+$1,483
Principal + Interest−$1,686
Property Tax (~2.1% TX avg)−$541
Insurance (~0.5%)−$129
Est. Monthly Cash Flow $-873

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 21, 2026.

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