About This Home

Great location, this property is for investors only

At $496/sqft, this home is priced 27% 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

3311 Hollywood Ave, Austin, TX 78722

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Property Details

Price $425,000

Status Active Listing

Beds 1

Full Baths 1

Half Baths ,

Living Area 856 sqft

Lot Size 0.12 acres (5,148.79 sqft)

Year Built 1939

Garage ,

Stories ,

Type Residential · Single Family Residence

Subdivision University Park

County Travis

Zip Code 78722

$/sqft $496/sqft

Days on Market ,

HOA None / verify with agent

Annual Tax Est. $8,492.32

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT218659302

List Date February 6, 2026

Elementary School Maplewood

Middle School Kealing

High School McCallum

School District ,

Have Questions About This Property?

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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

641 W 31st 1/2 St
Kings Row Condo $425,000 $422 2 bd / 2 ba 1,008 sqft , 2026-03-20

1615 E 7th St #208
1615 East 7th Condos $425,000 $416 1 bd / 1 ba 1,022 sqft , 2026-02-24

501 West Ave #1306
Fifth & West Residences $425,000 $652 1 bd / 1 ba 652 sqft , 2025-06-13

606 W Lynn St #13
West End Condo Amd $425,000 $456 1 bd / 1 ba 933 sqft , 2026-05-14

360 Nueces St #2706
Residential Condo Amd 360 $425,000 $568 1 bd / 1 ba 748 sqft , 2026-06-15

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

$2,040/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

$85,000

20% conventional investment loan

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

Estimated Gross Rent+$2,040

Principal + Interest−$2,319

Property Tax (~2.1% TX avg)−$744

Insurance (~0.5%)−$177

Est. Monthly Cash Flow $-1,200

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

3311 Hollywood Ave

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Austin, TX

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