About This Home

Fully furnished 2-bedroom, 2-bath condo in a gated North Campus community, conveniently located near the University of Texas Engineering and Law Schools. This rare end unit offers exceptional privacy with no adjoining side neighbors and only one unit below. Features include an updated kitchen, renovated bathrooms, updated flooring, and a spacious layout. Community amenities include a pool and hot tub, plus two reserved parking spaces and additional guest parking. Major updates include a new roof and AC condenser (2023) and new washer and dryer (2024). A fantastic opportunity for owner-occupants, students, or investors seeking a move-in-ready condo in a prime UT location.

At $405/sqft, this home is priced 4% 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 #314, Austin, TX 78705

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Property Details

Price $359,000

Status Active Listing

Beds 2

Full Baths 2

Half Baths ,

Living Area 887 sqft

Lot Size 0.03 acres (1,219.68 sqft)

Year Built 1983

Garage ,

Stories ,

Type Residential · Condominium

Subdivision Sunchase Condo Amd

County Travis

Zip Code 78705

$/sqft $405/sqft

Days on Market ,

HOA $312.83/Monthly

Annual Tax Est. $6,577.46

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT237480942

List Date June 25, 2026

Elementary School Lee

Middle School Kealing

High School McCallum

School District ,

Have Questions About This Property?

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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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 · June 25, 2026 $364,900

Current ask $359,000

▼ Reduced $5,900 (-1.6%) 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

806 W 24th St #213
Croix Condo Amd $359,000 $397 2 bd / 2 ba 904 sqft , 2026-06-22

54 Rainey St #415
Milago Condo Amd $359,000 $475 1 bd / 1 ba 756 sqft , 2026-06-01

1811 Rainy Meadows Dr
Quail Hollow Garden Homes Sec $359,900 $327 3 bd / 2 ba 1,102 sqft , 2026-07-10

1701 Simond Ave #615
Muller $359,950 $586 1 bd / 1 ba 614 sqft , 2026-05-06

707 Great Britain Blvd
Buckingham Estates Ph III Sec $360,000 $309 3 bd / 2 ba 1,166 sqft , 2025-10-17

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

$1,723/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

$71,800

20% conventional investment loan

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

Estimated Gross Rent+$1,723

Principal + Interest−$1,959

Property Tax (~2.1% TX avg)−$628

Insurance (~0.5%)−$150

Est. Monthly Cash Flow $-1,014

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

3115 Helms St #314