Active Listing  ·  328 days on market

3300 E Martin Luther King Jr Blvd #B

Austin, TX 78721
$699,900
3 Bed 3 Bath 2,193 sqft $319/sqft Built 2022 0.10 acres 2-Car Garage Pool EAST MLK

Up to 1% lender credit from preferred lender - put it toward buying down your rate or closing costs! PRE-INSPECTED with report available. This rare 2022-built East Austin townhome features 3 beds, 2.5 baths, and 2,193 sq ft of living space with a detached two-car garage. White oak hardwood floors run throughout, alongside a floating staircase and a chef's kitchen with grey quartz counters and KitchenAid stainless appliances. The third-floor primary suite offers vaulted ceilings and a spa-style bath with soaking tub and oversized walk-in shower. An additional flex room space provides versatility for a home office, gym, or extended closet and dressing room. 2 additional bedrooms offer plenty of additional space. Fully fenced backyard for entertaining. Minutes to East Austin spots and Mueller, with easy access to Downtown.

*All Buyers and Buyer Agents to verify property information and complete all due diligence. Information provided is deemed reliable, but is not guaranteed and should be independently verified.*

At $319/sqft, this home is 18% below the Austin active market average of $390/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

3300 E Martin Luther King Jr Blvd #B, Austin, TX 78721

Property Details

Price $699,900
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 2,193 sqft
Lot Size 0.10 acres (4,395.2 sqft)
Year Built 2022
Garage 2 spaces
Stories ,
Type Residential · Condominium
Subdivision EAST MLK
County Travis
Zip Code 78721
$/sqft $319/sqft
Days on Market ,
HOA $500/Annually
Annual Tax Est. $12,032.83
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT214511045
List Date December 19, 2025
Elementary School Maplewood
Middle School Kealing
High School McCallum
School District Austin ISD

Austin ISD

Maplewood · Kealing · McCallum

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 · December 19, 2025 $750,000
Previous ask $700,000
Current ask $699,900
▼ Reduced $50,100 (-6.7%) 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
1158 Ridgeway Dr #A
1158 Ridgeway Condo
$695,000 $403 3 bd / 3 ba 1,724 sqft , 2026-08-13
1937 E 38th 1/2 St #A
Manorhill
$719,900 $354 3 bd / 4 ba 2,036 sqft , 2026-09-04
1410 Perez St #2
Chernosky 09
$679,000 $439 3 bd / 3 ba 1,548 sqft , 2026-09-29
4416 Berkman Dr #B
Mueller House Condo Ame
$675,000 $415 3 bd / 2 ba 1,625 sqft , 2026-04-30
4008 Briones St
Mueller
$659,900 $430 3 bd / 3 ba 1,534 sqft , 2026-10-07

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
$3,360/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
$139,980
20% conventional investment loan

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

Estimated Gross Rent+$3,360
Principal + Interest−$3,820
Property Tax (assumed ~2.1%)−$1,225
Insurance (assumed ~0.5%)−$292
Est. Monthly Cash Flow $-1,977

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 · 41 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. The written content was last updated on November 2, 2026.

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

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