Active Listing  ·  3 days on market

3627 Menchaca Rd #105

Austin, TX 78704
$165,000
1 Bed 1 Bath 573 sqft $288/sqft Built 1983 0.02 acres Pool Austin Rivertree Condo

The best of South Austin right outside your door!! Incredible location meets the peace and privacy of a tucked-away retreat. This first-floor unit is located in the back of the complex, away from Menchaca Road, creating a quiet, serene setting that feels worlds away from the activity just outside your door. And what a location it is! Grab your morning coffee at Radio Coffee & Beer, meet friends at Easy Tiger, settle in for happy hour at Loro, or enjoy your evening at neighborhood favorites like Matt's El Rancho, Black Sheep Lodge, Fig Italian Kitchen & Bar, Michi Ramen and so much more! Everyday essentials are just as convenient, with Wheatsville, Sprouts, and Randall's all nearby. It's the kind of location where a quick errand, dinner out, or spontaneous happy hour can easily become a walkable part of your daily routine. Back at home, enjoy the best of both worlds. Take a dip in the sparkling community pool, relax on your private deck, or simply enjoy the quiet setting from this peaceful first-floor location. Inside, an in-unit washer and dryer add an extra layer of everyday convenience. With South Austin restaurants, bars, coffee shops, shopping, parks, and outdoor recreation all close by, this is more than a condo. It's an opportunity to embrace the quintessential Austin lifestyle!

At $288/sqft, this home is 27% below the Austin active market average of $392/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

3627 Menchaca Rd #105, Austin, TX 78704

Property Details

Price $165,000
Status Active Listing
Beds 1
Full Baths 1
Half Baths ,
Living Area 573 sqft
Lot Size 0.02 acres (1,080.29 sqft)
Year Built 1983
Garage ,
Stories ,
Type Residential · Condominium
Subdivision Austin Rivertree Condo
County Travis
Zip Code 78704
$/sqft $288/sqft
Days on Market ,
HOA $209.65/Monthly
Annual Tax Est. $4,028.28
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT240644651
List Date August 21, 2026
Elementary School Joslin
Middle School Covington
High School Crockett
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.

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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
3204 Menchaca Rd #303
Ivy 78704 Condo Amd The
$179,999 $429 1 bd / 1 ba 420 sqft , 2026-05-04
3204 Menchaca Rd #704
Ivy 78704 Condo Amd The
$150,000 $288 1 bd / 1 ba 520 sqft , 2026-05-19
3744 VALLEY VIEW Rd #C
SLEEPY HOLLOW PHS II
$185,000 $329 1 bd / 1 ba 563 sqft , 2026-07-02
4307 S 1st St #108
Pharo Condo
$200,000 $337 1 bd / 1 ba 594 sqft , 2026-08-21

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
$792/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
$33,000
20% conventional investment loan

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

Estimated Gross Rent+$792
Principal + Interest−$900
Property Tax (~2.1% TX avg)−$289
Insurance (~0.5%)−$69
Est. Monthly Cash Flow $-466

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 · 30 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. This page was last updated on August 22, 2026.

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