Active Listing  ·  109 days on market

4410 Grotto Dr

Austin, TX 78731
$999,000
3 Bed 4 Bath 2,916 sqft $343/sqft Built 2022 0.06 acres 2-Car Garage Pool The Grove

New price!!! This Grove condo, with 3 bedrooms, 3 ensuite bathrooms and 2 half bathrooms, puts you right in the middle of one of the most walkable districts in Austin, perfect for those who want to be steps away from a morning session at Love Cycling or dinner at Carve. This three-story home provides a rare amount of space with 3 distinct living areas, giving everyone in the house a spot to call their own while keeping the overall feel of the property connected and approachable. The main floor living room includes 19-foot ceilings that allow an incredible amount of natural light to fill the space. Just off the living area, the kitchen features an oversized center island and quartz countertops paired with a herringbone backsplash. It is perfect for hosting, outfitted with 63" Kent Moore cabinetry, a gas cooktop, and double ovens. To make daily life a bit easier, the home includes a central vacuum system that reaches across the different levels. Privacy was clearly a priority in the layout, especially with the primary bedroom located on the first floor. This primary suite includes an ensuite bath with dual vanities, a walk-in shower, and a large walk-in closet. Moving up to the 2nd floor, you will find 2 additional bedrooms. This level also includes a bonus room that works well as a dedicated media space or a secondary lounge area. The 3rd floor offers a more intimate setup with a small sitting area, an office nook, and a half bath. This top level leads directly out to the rooftop deck, providing an outdoor escape for evening hangouts. With an attached 2-car garage, parking is never an issue even in this central urban setting. Living in The Grove means you are roughly 10 minutes from Downtown Austin and about 20 minutes from the airport, with quick access to Mopac. You are also just a short walk from Verdad and the Grove Market, placing the best of this Austin neighborhood right at your front door.

At $343/sqft, this home is 12% 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

4410 Grotto Dr, Austin, TX 78731

Property Details

Price $999,000
Status Active Listing
Beds 3
Full Baths 3
Half Baths 1
Living Area 2,916 sqft
Lot Size 0.06 acres (2,570.04 sqft)
Year Built 2022
Garage 2 spaces
Stories ,
Type Residential · Condominium
Subdivision The Grove
County Travis
Zip Code 78731
$/sqft $343/sqft
Days on Market ,
HOA $435.16/Monthly
Annual Tax Est. $19,134.37
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT226408181
List Date April 17, 2026
Elementary School Bryker Woods
Middle School O Henry
High School Austin
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
10306 D K Ranch Rd
Northwest Hills Ranch 1972 Vai
$999,000 $393 3 bd / 2 ba 2,542 sqft , 2026-05-01
12321 Edenvale Path
Steiner Ranch
$999,000 $285 4 bd / 4 ba 3,500 sqft , 2026-06-18
6022 Mount Bonnell Holw
Cat Mountain Villas Sec 01
$999,000 $390 3 bd / 3 ba 2,561 sqft , 2026-07-09
668 Two Creeks Ln
Parten: 65ft. lots
$999,450 $278 4 bd / 6 ba 3,601 sqft , 2026-06-04
12017 Portobella Dr
Steiner Ranch Ph 02 Sec 03-D
$999,500 $280 4 bd / 4 ba 3,571 sqft , 2026-03-31

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
$4,795/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
$199,800
20% conventional investment loan

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

Estimated Gross Rent+$4,795
Principal + Interest−$5,452
Property Tax (~2.1% TX avg)−$1,748
Insurance (~0.5%)−$416
Est. Monthly Cash Flow $-2,821

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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