Active Listing  ·  61 days on market

3103 Garwood St #1

Austin, TX 78702
$1,050,000
3 Bed 4 Bath 2,082 sqft $504/sqft Built 2026 0.25 acres 1-Car Garage Pool New Construction Brass G M

At 2,082 sq ft, Unit 1, built by Roma Homes, offers the most space and flexibility —designed for buyers who want room to live, grow, and settle in long-term. The main level features an open-concept layout with 10’ ceilings and a natural flow between kitchen, dining, and living spaces, creating an airy, comfortable environment for both everyday life and entertaining. Upstairs, three well-proportioned bedrooms are complemented by a dedicated work space and a cozy reading nook, ideal for working from home, play and relaxation. The primary suite is spacious and thoughtfully positioned for privacy. What truly sets Unit 1 apart is how it lives like a standalone home—with a private driveway and a large fenced-in side yard that offers a generous outdoor space and separation not often found in East Austin. Garwood is a well-established street in the heart of East Austin lined with beautiful mature trees and steps from Flitch coffee, Squatch Fitness, Kinda Tropical, the hike and bike trail, HEB on 7th and the Cepeda Library.

At $504/sqft, this home is priced 29% above the Austin active market average of $391/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

3103 Garwood St #1, Austin, TX 78702

Property Details

Price $1,050,000
Status Active Listing
Beds 3
Full Baths 3
Half Baths 1
Living Area 2,082 sqft
Lot Size 0.25 acres (11,011.97 sqft)
Year Built 2026
Garage 1 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Brass G M
County Travis
Zip Code 78702
$/sqft $504/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $7,129.71
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT230539606
List Date June 4, 2026
Elementary School Govalle
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
12135 Fitzhugh Rd
NA
$1,050,000 $398 3 bd / 3 ba 2,640 sqft , 2026-05-18
5717 Lost Horizon Dr #12
THE PINNACLE AT GREAT HILLS
$1,050,000 $436 4 bd / 3 ba 2,410 sqft , 2026-06-12
2811 W Fresco Dr
Rosedale
$1,050,000 $498 4 bd / 3 ba 2,109 sqft , 2026-06-26
8900 Point West Dr
Point West Westover Hills
$1,049,900 $424 4 bd / 3 ba 2,476 sqft , 2026-06-24
314 Hidden Beacon Bnd
Rough Hollow
$1,049,000 $480 3 bd / 3 ba 2,185 sqft , 2026-06-26

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
$5,040/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
$210,000
20% conventional investment loan

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

Estimated Gross Rent+$5,040
Principal + Interest−$5,730
Property Tax (~2.1% TX avg)−$1,838
Insurance (~0.5%)−$438
Est. Monthly Cash Flow $-2,966

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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