Active Listing  ·  63 days on market

3101 Govalle Ave #113

Austin, TX 78702
$399,900
2 Bed 2 Bath 1,146 sqft $349/sqft Built 2020 0.04 acres Pool HOM CONDOMINIUMS

**UPDATE 9/21**. Price reduced to 399,900!!! This unit is in immaculate move-in ready condition and is an interior end unit located in a quiet area!

Quiet corner. Lower payment. Ten minutes to everything.

Start with what you'll notice on the walk in: this is an interior corner home, tucked away from the pool and the community's main walkways. No crowd noise on a Saturday afternoon, no foot traffic past your windows. Just quiet — the thing that's hardest to find and impossible to renovate in later.

Inside, it's a home built for how people actually live now. Ten minutes to Downtown Austin and ten to the airport. An AT&T Wi-Fi extender system puts real speed in every room, so large file transfers and back-to-back video calls just work. The two bedrooms sit at opposite ends of the floor plan, each with its own en suite bath — a genuinely private split that works as well for a guest suite or a dedicated office as it does for two people who keep different hours. The primary adds a spacious walk-in closet.

The kitchen is the center of it: quartz island, gold hardware, open sightlines straight through to the living area. There's an in-unit washer/dryer closet, first-floor entry with no stairs or elevator to deal with, gated access, one covered carport and one open space.

Outside your door is the best version of East Austin. Govalle Sculpture Park, Austin Bouldering Project, Eastside Paddle Club, Stargazer Coffee and Bambino are all within a short walk. Desnudo Coffee and Veracruz tacos are a three-minute bike ride.

Lock and leave. Come home to quiet.

At $349/sqft, this home is 11% below the Austin active market average of $391/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

3101 Govalle Ave #113, Austin, TX 78702

Property Details

Price $399,900
Status Active Listing
Beds 2
Full Baths 2
Half Baths ,
Living Area 1,146 sqft
Lot Size 0.04 acres (1,746.76 sqft)
Year Built 2020
Garage ,
Stories ,
Type Residential · Condominium
Subdivision HOM CONDOMINIUMS
County Travis
Zip Code 78702
$/sqft $349/sqft
Days on Market ,
HOA $380/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT244138855
List Date August 21, 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.

Schedule a Call →

Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · August 21, 2026 $419,000
Previous ask $418,000
Current ask $399,900
▼ Reduced $19,100 (-4.6%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

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
3206 Goodwin Ave
Spillar & Greenwood Add
$399,900 $296 3 bd / 1 ba 1,353 sqft , 2026-09-11
2235 E 6th St #204
ESTE; Condominium
$399,999 $426 1 bd / 1 ba 940 sqft , 2026-03-23
2900 Webberville Rd
Lorraine Heights
$399,999 $370 3 bd / 1 ba 1,080 sqft , 2026-10-08
2909 E 5th St
Hartwell Add
$399,000 $451 2 bd / 1 ba 884 sqft , 2026-07-02
2503 Walter St
Fowler Terrace
$395,000 $465 2 bd / 1 ba 850 sqft , 2026-10-16

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
$1,920/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
$79,980
20% conventional investment loan

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

Estimated Gross Rent+$1,920
Principal + Interest−$2,182
Property Tax (~2.1% TX avg)−$700
Insurance (~0.5%)−$167
Est. Monthly Cash Flow $-1,129

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 →