Active Listing  ·  180 days on market

3115 Helms St #212

Austin, TX 78705
$324,900
2 Bed 2 Bath 815 sqft $399/sqft Built 1983 0.02 acres Pool Sunchase Condominiums Amended

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 $399/sqft, this home is priced 2% 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

3115 Helms St #212, Austin, TX 78705

Property Details

Price $324,900
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 $399/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 ,

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
8801 Little Walnut Dr
Dean Terrace
$324,900 $297 3 bd / 2 ba 1,094 sqft , 2026-03-13
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
712 W 21st St #303
Palladian Condo
$324,900 $359 2 bd / 2 ba 906 sqft , 2026-04-17
8114 Leroi Dr
Ep Residential Condos
$324,990 $296 2 bd / 3 ba 1,098 sqft , 2026-07-10

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
$1,560/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
$64,980
20% conventional investment loan

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

Estimated Gross Rent+$1,560
Principal + Interest−$1,773
Property Tax (~2.1% TX avg)−$569
Insurance (~0.5%)−$135
Est. Monthly Cash Flow $-917

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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