Active Listing  ·  14 days on market

3101 Davis Ln #9101

Austin, TX 78748
$199,000
2 Bed 2 Bath 1,090 sqft $183/sqft Built 2011 1-Car Garage Pool BRODIE HEIGHTS CONDOMINIUMS

Great condo situated within the serene, gated community of Brodie Heights in South Austin. With its well-thought-out open-concept design, this 2 bedroom, 2 full bathroom Carriage House-style condominium is ready to welcome you home.

The expansive living area offers an ideal balance of space, serving as a seamless separation between the two bedrooms. The primary bedroom is an epitome of comfort, complete with an ensuite that features a garden tub, a separate walk-in shower, and a generous walk-in closet. Across from it, the secondary bedroom lends itself to a variety of uses, such as an office or a flex space. The dining and kitchen areas, open to the living space, add to the inviting atmosphere. In the kitchen, stainless steel appliances and sleek granite countertops await, accompanied by a dedicated pantry that houses washer and dryer units. Additional lighted storage area under the staircase on the first floor caters to any extra storage needs, while an attached garage ensures convenient access.

The community offers numerous amenities. Residents can enjoy a refreshing dip in the pool or indulge in retail therapy at nearby Sunset Valley, Southpark Meadows, HEB, and Costco. Additionally, with easy access to Mopac and less than 12 miles to downtown Austin, commutes and city outings are a breeze. For those who cherish the outdoors, the vicinity boasts an abundance of green spaces, including the Stephenson Nature Preserves, Dick Nichols Park, and The Veloway perfect for enjoying a hike, bike ride, or a leisurely stroll.

At $183/sqft, this home is 53% below the Austin active market average of $392/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

3101 Davis Ln #9101, Austin, TX 78748

Property Details

Price $199,000
Status Active Listing
Beds 2
Full Baths 2
Half Baths ,
Living Area 1,090 sqft
Lot Size ,
Year Built 2011
Garage 1 spaces
Stories ,
Type Residential · Condominium
Subdivision BRODIE HEIGHTS CONDOMINIUMS
County Travis
Zip Code 78748
$/sqft $183/sqft
Days on Market ,
HOA $455/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT245963802
List Date September 9, 2026
Elementary School Cowan
Middle School Covington
High School Bowie
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
2303 Cedrick Cv #A
Austin Hills II Condominiums
$199,000 $255 2 bd / 1 ba 780 sqft , 2026-07-08
2303 Cedrick Cv #B
Austin Hills II
$199,000 $255 2 bd / 1 ba 780 sqft , 2026-07-08
9508 Kempler Dr #D
Austin Hills Condominiums
$199,000 $220 1 bd / 1 ba 904 sqft , 2026-07-08
9508 Kempler Dr #B
Austin Hills Condominiums
$199,000 $220 1 bd / 1 ba 904 sqft , 2026-07-08
2303 Cedrick Cv #C
Austin Hills II
$199,000 $255 1 bd / 1 ba 780 sqft , 2026-07-08

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
$955/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
$39,800
20% conventional investment loan

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

Estimated Gross Rent+$955
Principal + Interest−$1,086
Property Tax (~2.1% TX avg)−$348
Insurance (~0.5%)−$83
Est. Monthly Cash Flow $-562

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 September 22, 2026.

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