Active Listing  ·  1 day on market

2931 E 12th St #206

Austin, TX 78702
$215,000
1 Bed 1 Bath 651 sqft $330/sqft Built 2008 0.02 acres 1-Car Garage Pool East End Flats Amd

*****call listing agent Kyle Nitchy 512-763-0828*****

Welcome to 2931 E. 12th St. #206, a stylish and well-maintained condo offering comfort, convenience, and an exceptional East Austin location. Inside, you’ll find an inviting open floor plan with hardwood flooring and modern touches, designed for both everyday living and effortless entertaining. The kitchen, dining, and living areas flow together seamlessly, creating a comfortable and functional gathering space. The private balcony provides an additional outdoor area perfect for enjoying your morning coffee, relaxing evenings, or taking in the neighborhood atmosphere. Ideally situated in vibrant East Austin, you’ll enjoy easy access to downtown Austin, local restaurants, coffee shops, parks, entertainment, shopping, and community attractions. Laundry in Unit. With convenient access to major roadways and public transportation, this location makes exploring everything Austin has to offer simple and convenient. With thoughtful design, flexible living space, and a prime location near the heart of the city, 2931 E. 12th St. #206 presents a fantastic opportunity to enjoy a low-maintenance Austin lifestyle.

At $330/sqft, this home is 15% 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 #206, Austin, TX 78702

Property Details

Price $215,000
Status Active Listing
Beds 1
Full Baths 1
Half Baths ,
Living Area 651 sqft
Lot Size 0.02 acres (1,045.44 sqft)
Year Built 2008
Garage 1 spaces
Stories ,
Type Residential · Condominium
Subdivision East End Flats Amd
County Travis
Zip Code 78702
$/sqft $330/sqft
Days on Market ,
HOA $283/Monthly
Annual Tax Est. $1,877
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT243329557
List Date August 13, 2026
Elementary School Oak Hill
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
2401 Manor Rd #119
East University Place
$215,000 $262 2 bd / 1 ba 820 sqft , 2026-06-05
1127 Mark St #D
Pecan Valley
$210,000 $243 2 bd / 1 ba 864 sqft , 2026-08-09
1118 Northwestern Ave #A
East Village Condo
$224,000 $467 1 bd / 1 ba 480 sqft , 2026-06-05
1309 Chicon St #202
Habichts
$205,700 $316 1 bd / 1 ba 650 sqft , 2024-06-24
2931 E 12th St #201
East End Flats Amd
$224,999 $334 1 bd / 1 ba 673 sqft , 2026-07-17

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
$1,032/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
$43,000
20% conventional investment loan

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

Estimated Gross Rent+$1,032
Principal + Interest−$1,173
Property Tax (~2.1% TX avg)−$376
Insurance (~0.5%)−$90
Est. Monthly Cash Flow $-607

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 14, 2026.

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