Active Listing  ·  109 days on market

7107 Mowbray St #44

Austin, TX 78741
$425,000
3 Bed 3 Bath 2,035 sqft $209/sqft Built 2015 0.15 acres 2-Car Garage Pool Eastwood At Riverside

HUGE PRICE IMPROVEMENT! Minutes from Downtown Austin in a gated community, this move-in ready home features a first-floor primary suite, soaring ceilings, an oversized loft, professionally completed foundation work with a transferable lifetime warranty, and recent roof repairs—offering peace of mind that’s hard to find in this price range.

Designed with everyday comfort in mind, the layout features spacious living and dining areas with great natural light and an easy flow for both relaxing and entertaining.

The kitchen provides ample storage and prep space and opens seamlessly to the main living area, making it ideal for hosting or staying connected. Upstairs, enjoy two bedrooms that are generously sized, with an oversized loft area for entertaining. The main bedroom and ensuite bathroom are located on the main floor.

Enjoy a private backyard with space to customize—perfect for outdoor dining, pets, or future additions.

Conveniently located near major roadways, shopping, and dining, this home offers a balance of neighborhood feel and accessibility. Positioned in the evolving East Riverside corridor, with future light rail and large-scale development underway, this home offers a rare opportunity to invest in a high-growth area of Austin.

At $209/sqft, this home is 47% 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

7107 Mowbray St #44, Austin, TX 78741

Property Details

Price $425,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 2,035 sqft
Lot Size 0.15 acres (6,738.73 sqft)
Year Built 2015
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Eastwood At Riverside
County Travis
Zip Code 78741
$/sqft $209/sqft
Days on Market ,
HOA $190/Monthly
Annual Tax Est. $9,092.54
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT226092341
List Date April 17, 2026
Elementary School Smith
Middle School Smith
High School Del Valle
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
6300 Merriwood Dr
Flournoys Sweetbriar Sec 11
$425,000 $287 3 bd / 2 ba 1,481 sqft , 2025-12-28
2918 Ranch Road 620 None #297
Villas On Travis Condo Amd
$425,000 $210 4 bd / 4 ba 2,024 sqft , 2026-04-06
8709 Slater Dr
Goodnight Ranch Ph 1 Sec 2
$425,000 $168 3 bd / 3 ba 2,524 sqft , 2026-03-26
4229 Johns Light Dr
Ashton Woods Condo
$425,000 $160 3 bd / 3 ba 2,660 sqft , 2025-03-13
11604 Tedford St
Eubank Acres Sec 01
$425,000 $249 3 bd / 1 ba 1,704 sqft , 2026-04-25

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
$2,040/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
$85,000
20% conventional investment loan

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

Estimated Gross Rent+$2,040
Principal + Interest−$2,319
Property Tax (~2.1% TX avg)−$744
Insurance (~0.5%)−$177
Est. Monthly Cash Flow $-1,200

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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