About This Home

PRICED TO SELL. great condo only 8 years old and completely renovated with new flooring, new paint, new landscaping and more. Nothing this nice for under 550k with a HUGE PRIVATE YARD in east austin - HURRY THIS WONT LAST!

At $415/sqft, this home is priced 6% 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

2811 Garwood St #A, Austin, TX 78702

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Property Details

Price $549,990

Status Active Listing

Beds 3

Full Baths 3

Half Baths ,

Living Area 1,325 sqft

Lot Size 0.17 acres (7,374.71 sqft)

Year Built 2018

Garage 1 spaces

Stories ,

Type Residential · Condominium

Subdivision Chernosky 11

County Travis

Zip Code 78702

$/sqft $415/sqft

Days on Market ,

HOA None / verify with agent

Annual Tax Est. $8,500

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT241221810

List Date July 25, 2026

Elementary School Govalle

Middle School Martin

High School Eastside Early College

School District ,

Have Questions About This Property?

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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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

1117 Lawson Ln #2
Rosewood Village Sec 11 $549,995 $506 2 bd / 2 ba 1,086 sqft , 2025-06-06

200 W 56th St #8101
Koenig Townhomes $549,999 $361 3 bd / 3 ba 1,525 sqft , 2026-05-11

200 W 56th St #8104
Koenig Townhomes $549,999 $361 3 bd / 3 ba 1,525 sqft , 2026-05-11

200 W 56th St #7104
Koenig Townhomes $549,999 $362 3 bd / 3 ba 1,520 sqft , 2026-07-17

8414 Bowling Green Dr #3
SHAMROCK AVENUE CONDOMINIUMS $550,000 $354 3 bd / 3 ba 1,555 sqft , 2026-02-13

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

$2,640/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

$109,998

20% conventional investment loan

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

Estimated Gross Rent+$2,640

Principal + Interest−$3,002

Property Tax (~2.1% TX avg)−$962

Insurance (~0.5%)−$229

Est. Monthly Cash Flow $-1,553

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

2811 Garwood St #A

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Austin, TX

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