Active Listing  ·  144 days on market

3309 Crownover St

Austin, TX 78725
$220,000
3 Bed 2 Bath 1,389 sqft $158/sqft Built 2005 0.10 acres 1-Car Garage Pool Austins Colony Ph 04

Great opportunity in Austin’s Colony just minutes from Tesla, Austin-Bergstrom International Airport, and an easy drive to downtown Austin. This 3 bedroom, 2 bathroom home offers a functional, easy-living layout with granite kitchen counters and a private backyard with a deck—perfect for relaxing or casual entertaining.

Austin’s Colony is known for its convenient location and neighborhood feel, with parks, walking trails, and nearby Colorado River green space. Residents enjoy quick access to major employers including Tesla, as well as East Austin dining, entertainment, and everyday conveniences.

Strong opportunity for both owner-occupants and investors looking for value in a rapidly growing area.

Agents: Property is a short sale and subject to lender approval.

At $158/sqft, this home is 60% below the Austin active market average of $391/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

3309 Crownover St, Austin, TX 78725

Property Details

Price $220,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,389 sqft
Lot Size 0.10 acres (4,312.44 sqft)
Year Built 2005
Garage 1 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Austins Colony Ph 04
County Travis
Zip Code 78725
$/sqft $158/sqft
Days on Market ,
HOA $25/Monthly
Annual Tax Est. $2,745
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT222218758
List Date March 13, 2026
Elementary School Hornsby-Dunlap
Middle School Dailey
High School Del Valle
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
9001 Parkfield Dr #B
Orange Grove Condo Amd
$220,000 $218 2 bd / 2 ba 1,011 sqft , 2026-04-03
1714 Timber Brush Trl
Timber Ridge At Greenbriar Sec
$220,000 $184 2 bd / 2 ba 1,194 sqft , 2026-03-25
7606 Blessing Ave
Black A K 02
$220,000 $148 3 bd / 2 ba 1,486 sqft , 2025-11-10
1015 E Yager Ln #18
Coppertree Condo Ph 02
$219,900 $219 2 bd / 2 ba 1,004 sqft , 2026-04-10
8418 Fathom Cir #203
ALDEA DEL SOL CONDOMINIUMS
$219,000 $209 2 bd / 2 ba 1,047 sqft , 2026-06-12

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
$1,056/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
$44,000
20% conventional investment loan

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

Estimated Gross Rent+$1,056
Principal + Interest−$1,201
Property Tax (~2.1% TX avg)−$385
Insurance (~0.5%)−$92
Est. Monthly Cash Flow $-622

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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