Active Listing  ·  119 days on market

3613 Las Colinas Dr #C

Austin, TX 78731
$300,000
2 Bed 2 Bath 1,043 sqft $288/sqft Built 1971 0.11 acres Pool Las Colinas Amd

Located in Las Colinas, a quiet, oak-shaded oasis in Central Austin's 78731, this updated condo offers an open floor plan with living and dining areas, a remodeled kitchen, a half bath, and under-stair storage on the main level. Las Colinas is predominantly owner-occupied with an on-site maintenance employee, and a well-run HOA. Monthly fees are notably lower ($352/month) than those of surrounding condo communities and cover water, wastewater, trash, and common areas. Upstairs, you'll find two bedrooms, one of which has a private Juliet balcony. Out back, a private patio is complemented by an enclosed laundry/storage room and two covered, dedicated parking spaces. Recent updates include luxury vinyl plank flooring and carpet, refreshed bathroom fixtures and tile, engineered quartz countertops, and fresh interior paint. The spacious community pool is set in a serene, landscaped area a short walk away. This home is just minutes from HEB, restaurants, parks, downtown Austin, a variety of other local shopping and entertainment options, and it’s zoned for excellent schools.

At $288/sqft, this home is 26% 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

3613 Las Colinas Dr #C, Austin, TX 78731

Property Details

Price $300,000
Status Active Listing
Beds 2
Full Baths 1
Half Baths 1
Living Area 1,043 sqft
Lot Size 0.11 acres (4,791.6 sqft)
Year Built 1971
Garage ,
Stories ,
Type Residential · Condominium
Subdivision Las Colinas Amd
County Travis
Zip Code 78731
$/sqft $288/sqft
Days on Market ,
HOA $351.73/Monthly
Annual Tax Est. $6,470
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT224277280
List Date April 7, 2026
Elementary School Highland Park
Middle School Lamar (Austin ISD)
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
1105 Richardine Ave
Brooksdale
$300,000 $401 3 bd / 1 ba 748 sqft , 2025-12-01
935 La Posada Dr #145
Flats/935 Condos Bldg 4
$300,000 $291 3 bd / 2 ba 1,030 sqft , 2026-02-03
7122 Wood Hollow Dr #47
Edgecliff NW Condo Amd
$300,000 $259 2 bd / 2 ba 1,158 sqft , 2026-02-12
10819 Crown Colony Dr #19
Greens Onion Creek Condo Ph 02
$300,000 $225 2 bd / 3 ba 1,334 sqft , 2026-03-28
6711 West Gate Blvd #A
Cherry Creek Ph 06 Sec 05
$300,000 $290 2 bd / 1 ba 1,035 sqft , 2026-02-19

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
$1,440/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
$60,000
20% conventional investment loan

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

Estimated Gross Rent+$1,440
Principal + Interest−$1,637
Property Tax (~2.1% TX avg)−$525
Insurance (~0.5%)−$125
Est. Monthly Cash Flow $-847

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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