Active Listing  ·  47 days on market

631 Tillery St #1

Austin, TX 78702
$899,900
3 Bed 3 Bath 1,463 sqft $615/sqft Built 2022 0.07 acres 1-Car Garage Pool Holton Tillery Acres

Modern East Austin living hits its stride at this 2022-built stunner in the heart of Govalle. Crafted by The Cobalt Companies, this 3-bedroom, 2.5-bath home delivers 1,463 square feet of light-filled, design-forward space just minutes from the East Side's best dining, coffee, nightlife, and cultural hotspots, with downtown, Lady Bird Lake, and the airport all an easy hop away. Inside, high ceilings and an open floorplan set the tone, while quartz countertops, a gas range, and sleek concrete and wood flooring bring the polish. Walk-in closets and a dedicated laundry space add everyday function to the style. The outdoor living is the real flex: start mornings on the front porch, wind down on the second-story balcony, and host everyone in between across the rear porch, covered courtyard, and fully fenced front and back yards. Parking is covered too, with an attached single-car garage and private driveway, a convenience not every East Side home can offer. Newer construction means low-maintenance ownership with modern systems and efficiency, so you spend weekends exploring the neighborhood instead of fixing things. Whether you're after a lock-and-leave launchpad to everything East Austin or a stylish full-time home base, this one checks the boxes that matter. Come see why 631 Tillery is one of the East Side's favorite addresses. Homes like this don't wait around.

At $615/sqft, this home is priced 57% above the Austin active market average of $392/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

631 Tillery St #1, Austin, TX 78702

Property Details

Price $899,900
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,463 sqft
Lot Size 0.07 acres (2,962.08 sqft)
Year Built 2022
Garage 1 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Holton Tillery Acres
County Travis
Zip Code 78702
$/sqft $615/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT239081807
List Date August 6, 2026
Elementary School Brooke
Middle School Martin
High School Eastside Early College
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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Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · August 6, 2026 $950,000
Current ask $899,900
Reduced $50,100 (-5.3%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

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
1131 Poquito St #A
11315 Poquito Condo Ame
$899,000 $578 3 bd / 3 ba 1,556 sqft , 2026-04-24
3129 Govalle Ave
Villa Govalle
$895,000 $464 3 bd / 3 ba 1,928 sqft , 2026-06-25
2303 East 2nd St #1
Jones F H
$895,000 $532 3 bd / 4 ba 1,681 sqft , 2026-08-06
4704 Bolm Rd
Gullett Gardens 02
$895,000 $591 2 bd / 4 ba 1,515 sqft , 2026-09-11
2921 Lyons Rd #1
Chernosky 14
$915,000 $489 3 bd / 3 ba 1,871 sqft , 2026-03-13

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
$4,320/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
$179,980
20% conventional investment loan

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

Estimated Gross Rent+$4,320
Principal + Interest−$4,911
Property Tax (~2.1% TX avg)−$1,575
Insurance (~0.5%)−$375
Est. Monthly Cash Flow $-2,541

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 September 18, 2026.

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