Active Listing  ·  11 days on market

3100 Menchaca Rd #3

Austin, TX 78704
$849,000
3 Bed 4 Bath 1,960 sqft $433/sqft Built 2016 0.06 acres 2-Car Garage Pool Laan Condos Bldg 1

Elevated Design, Effortless Living, and an Exceptional Austin Location! Tucked into the sought-after community of The LAAN, this stunning former model home blends distinctive Dutch-inspired architecture, modern sophistication, and an effortless lock-and-leave lifestyle just minutes from downtown Austin. Soaring ceilings, expansive windows, beautiful hardwood floors, and designer lighting create bright, airy interiors filled with warmth and character. The gorgeous kitchen features Bosch appliances, sleek cabinetry, and quartz waterfall countertops, opening seamlessly to the living and dining areas. Custom bookshelves lend the dining room a wonderful library-inspired feel, while an adjoining covered deck extends the space outdoors, perfect for entertaining or enjoying Austin's beautiful fall weather.

Each bedroom features its own private en suite bath, while the spacious primary suite offers a luxurious retreat with an oversized walk-in shower, soaking tub, and a rare glimpse of the downtown Austin skyline from the bedroom window. Thoughtful details include remote-controlled blinds throughout, a Nest thermostat, exceptional soundproofing, and an attached garage. Three private patios provide inviting spaces to relax or gather with friends, while The LAAN's beautifully maintained community offers a sparkling pool, dog park, and welcoming gathering areas. Just minutes from Zilker Park, scenic trails, South Austin's favorite restaurants, shopping, and downtown, this exceptional home offers the perfect balance of style, comfort, and convenience.

At $433/sqft, this home is priced 11% above the Austin active market average of $390/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

3100 Menchaca Rd #3, Austin, TX 78704

Property Details

Price $849,000
Status Active Listing
Beds 3
Full Baths 3
Half Baths 1
Living Area 1,960 sqft
Lot Size 0.06 acres (2,439.36 sqft)
Year Built 2016
Garage 2 spaces
Stories ,
Type Residential · Condominium
Subdivision Laan Condos Bldg 1
County Travis
Zip Code 78704
$/sqft $433/sqft
Days on Market ,
HOA $402.95/Monthly
Annual Tax Est. $15,633
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT249290659
List Date November 1, 2026
Elementary School Joslin
Middle School Covington
High School Crockett
School District Austin ISD

Austin ISD

Joslin · Covington · Crockett

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
2505 Bluebonnet Ave #12
Del Curto
$849,900 $434 3 bd / 3 ba 1,959 sqft , 2026-07-09
2707 Dulce Ln #16
ENCLAVE AT DULCE LANE CONDOMIN
$869,000 $466 3 bd / 3 ba 1,864 sqft , 2026-09-24
2006 De Verne St
Rabb Inwood Hills
$890,000 $533 3 bd / 2 ba 1,669 sqft , 2023-10-13
3205 Menchaca Rd
Foster A R
$799,999 $627 2 bd / 2 ba 1,276 sqft , 2026-01-22
1806 Fortview Rd
Low Theodore Heights
$799,999 $580 3 bd / 2 ba 1,380 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
$4,075/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
$169,800
20% conventional investment loan

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

Estimated Gross Rent+$4,075
Principal + Interest−$4,633
Property Tax (assumed ~2.1%)−$1,486
Insurance (assumed ~0.5%)−$354
Est. Monthly Cash Flow $-2,398

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

More Luxury Homes in Austin

Loading…
View All Luxury Homes →
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 · 41 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. The written content was last updated on November 10, 2026.

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

Save this home