Active Listing  ·  28 days on market

2931 E 12th St #201

Austin, TX 78702
$224,999
1 Bed 1 Bath 673 sqft $334/sqft Built 2008 0.02 acres Pool East End Flats Amd

2019 PRICING! Experience East Austin living in this urban loft featuring soaring 15-foot ceilings, an open layout, abundant natural light, and all appliances included. The unit comes with one reserved parking space, readily available guest parking, and Google Fiber pre-wiring. The location is the defining advantage—just five minutes from I-35 and approximately two miles from Downtown Austin, the University of Texas, and Dell Medical School, with convenient access to Mueller, East 6th Street, ABIA, local coffee shops, dining, and major commuter routes. The property may also be rented, providing flexibility for buyers seeking a primary residence or investment opportunity in a highly desirable rental location. The HOA-managed community covers essential exterior maintenance for added convenience. A well-connected East Austin opportunity at an attractive price point.

At $334/sqft, this home is 14% below the Austin active market average of $390/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

2931 E 12th St #201, Austin, TX 78702

Property Details

Price $224,999
Status Active Listing
Beds 1
Full Baths 1
Half Baths ,
Living Area 673 sqft
Lot Size 0.02 acres (1,071.58 sqft)
Year Built 2008
Garage ,
Stories ,
Type Residential · Condominium
Subdivision East End Flats Amd
County Travis
Zip Code 78702
$/sqft $334/sqft
Days on Market ,
HOA $333/Monthly
Annual Tax Est. $5,259.24
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT240303810
List Date July 17, 2026
Elementary School Oak Springs
Middle School Kealing
High School Eastside Early College
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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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
1118 Northwestern Ave #A
East Village Condo
$224,000 $467 1 bd / 1 ba 480 sqft , 2026-06-05
2401 Manor Rd #119
East University Place
$215,000 $262 2 bd / 1 ba 820 sqft , 2026-06-05
2931 E 12th St #206
East End Flats Amd
$215,000 $330 1 bd / 1 ba 651 sqft , 2026-08-13
1127 Mark St #D
Pecan Valley
$210,000 $243 2 bd / 1 ba 864 sqft , 2026-08-09
1309 Chicon St #202
Habichts
$205,700 $316 1 bd / 1 ba 650 sqft , 2024-06-24

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
$1,080/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
$45,000
20% conventional investment loan

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

Estimated Gross Rent+$1,080
Principal + Interest−$1,228
Property Tax (~2.1% TX avg)−$394
Insurance (~0.5%)−$94
Est. Monthly Cash Flow $-636

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 1, 2026.

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