About This Home

North Campus gated community. Close to law and engineering schools. Rare corner unit. Updated kitchen. Community pool and hot tub. 2 reserved parking spaces. Complex has extra parking spaces for visitors. The carpet will be replaced with vinyl flooring.

At $393/sqft, this home is priced in line with the Austin market average of $393/sqft across 4,588 active listings. View Austin market report →

Location

3115 Helms St #212, Austin, TX 78705

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Property Details

Price $319,900

Status Active Listing

Beds 2

Full Baths 2

Half Baths ,

Living Area 815 sqft

Lot Size 0.02 acres (871.2 sqft)

Year Built 1983

Garage ,

Stories ,

Type Residential · Condominium

Subdivision Sunchase Condominiums Amended

County Travis

Zip Code 78705

$/sqft $393/sqft

Days on Market ,

HOA $287/Monthly

Annual Tax Est. ,

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT218425303

List Date February 5, 2026

Elementary School Lee

Middle School Kealing

High School McCallum

School District ,

Have Questions About This Property?

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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 · February 5, 2026 $329,900

Previous ask $324,900

Current ask $319,900

▼ Reduced $10,000 (-3.0%) 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

715 W 22nd 1/2 St #204
Georgian Condo $319,000 $468 2 bd / 1 ba 682 sqft , 2026-05-05

913 Duncan Ln #203
Monterrey Oaks Condos $324,000 $462 1 bd / 1 ba 701 sqft , 2026-07-16

808 E 46th St #B
Ridgetop Annex $315,000 $447 2 bd / 1 ba 704 sqft , 2026-08-27

2216 San Gabriel St #105
Somerset Condo $324,900 $400 2 bd / 2 ba 813 sqft , 2026-04-02

2802 Nueces St #101
Wedgewood Condo $324,900 $368 2 bd / 2 ba 882 sqft , 2026-04-16

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

$1,536/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

$63,980

20% conventional investment loan

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

Estimated Gross Rent+$1,536

Principal + Interest−$1,746

Property Tax (~2.1% TX avg)−$560

Insurance (~0.5%)−$133

Est. Monthly Cash Flow $-903

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

About the Author

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 19, 2026.

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

3115 Helms St #212