Active Listing  ·  48 days on market

3703 Harmon Ave #101

Austin, TX 78705
$199,900
1 Bed 1 Bath 638 sqft $313/sqft Built 1969 0.31 acres Pool Johnsons L C Resub

This is an end unit with additional windows. Short Term Rentals Allowed | Walk to UT & St. David’s Just 7 minutes from the University of Texas and 3 minutes from St. David’s Hospital, this updated condo is perfect for students, medical staff, parents, or investors. Features include luxury laminate flooring, modern kitchens with quartz countertops and stainless steel appliances, full-size washer/dryer hookups, energy-efficient windows, ceiling fans, and a new HVAC system. Short-term rentals are allowed, making this a fantastic opportunity for rental income or a central Austin home with unbeatable access to shopping, dining, and campus life.

At $313/sqft, this home is 20% 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

3703 Harmon Ave #101, Austin, TX 78705

Property Details

Price $199,900
Status Active Listing
Beds 1
Full Baths 1
Half Baths ,
Living Area 638 sqft
Lot Size 0.31 acres (13,490.53 sqft)
Year Built 1969
Garage ,
Stories ,
Type Residential · Condominium
Subdivision Johnsons L C Resub
County Travis
Zip Code 78705
$/sqft $313/sqft
Days on Market ,
HOA $269/Monthly
Annual Tax Est. $32,383.99
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT236661792
List Date June 17, 2026
Elementary School Lee
Middle School Kealing
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
1010 W 23rd St #3
Division D
$199,900 $442 1 bd / 1 ba 452 sqft , 2026-04-04
12166 Metric Blvd #2006
Edgecreek Condo Amd
$199,900 $304 1 bd / 1 ba 657 sqft , 2026-05-14
4306 Avenue A Ave #114
Park Place Condo
$199,900 $251 2 bd / 1 ba 798 sqft , 2026-06-14
1905 San Gabriel St #206
San Gabriel West
$199,900 $393 2 bd / 1 ba 509 sqft , 2026-07-30
11901 Swearingen Dr #110
Reflections Of Walnut Creek III
$199,900 $241 2 bd / 2 ba 829 sqft , 2026-08-02

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
$960/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
$39,980
20% conventional investment loan

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

Estimated Gross Rent+$960
Principal + Interest−$1,091
Property Tax (~2.1% TX avg)−$350
Insurance (~0.5%)−$83
Est. Monthly Cash Flow $-564

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

More Luxury Homes in Austin

Loading…
View All Luxury Homes →