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$639,999

2927 E Martin Luther King Jr Blvd Unit 3, Austin, TX, 78702

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,687 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$379.37 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesBuilt In Oven, Dishwasher, Exhaust Fan, Gas Cooktop, Disposal, Gas Water Heater, Microwave, Refrigerator, Stainless Steel Appliances, Tankless Water Heater
FlooringBamboo, Carpet, Concrete

Exterior

Exterior FeaturesBalcony
Lot Size3,668 sqft

Building Information

Year Built2018
Stories3
Roof Type105
Garage Spaces1

Land Information

APN02121321040000
Lot Number3
SubdivisionTwin Oak Lofts On Mlk Condominiums
Land UseResidential
Legal DescriptionUNT 3 TWIN OAK LOFTS ON MLK CONDOMINIUMS PLUS 25.0 % INT IN COM AREA
Census Tract000802
Assessed Land Value$65,000
Assessed Improvement Value$445,730
Assessment Year2026

About this property

Enjoy the best of East Austin in this beautifully designed three-story residence tucked away in a quiet, secluded pocket of the sought-after East MLK neighborhood. Abundant natural light fills the home, highlighting the spacious, open-concept living area that flows seamlessly into a gourmet kitchen with pantry and a convenient powder bath. The second floor features two secondary bedrooms, a shared bathroom, and private balconies. Retreat to the third-floor primary suite, complete with a spacious private patio—perfect for relaxing or enjoying your morning coffee. Recent upgrades include a brand-new refrigerator and custom built-in closet storage. Outside, low-maintenance pebble-stone landscaping means no lawn care, while the private outdoor spaces offer room to unwind or entertain. Enjoy a low HOA of just $50/month! Unbeatable East Austin Location: Walk to the Boggy Creek Trail for miles of walking and biking, the St. David’s Foundation Community Garden, and 5 minute walk to rail station. Explore the vibrant Manor Road corridor with local favorites like Bird Bird Biscuit, Dai Due, Patrizi’s, and Vic & Al’s, or grab a coffee at Noble Joe’s or Desnudo, enjoy sweets at Zed’s Ice Cream, and discover neighborhood standouts Birdie’s and Sammataro Pizza. The Webberville food truck scene, including Veracruz All Natural, is also close by. Conveniently located approximately 5 minutes from Mueller’s parks, H-E-B, farmers market, and shopping; 10 minutes from Downtown Austin; and 15 minutes from The Domain. With modern comforts, inviting outdoor spaces, low-maintenance living, and exceptional access to Austin’s dining, recreation, and transit options, this East MLK gem offers the perfect blend of urban convenience and neighborhood charm.

Investor Tools

$481,572Estimated Mortgage Balance
$139,428Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,840 /month
Positive
Cash Flow Estimate:
$1,280 /month

Interested in this property?

Julia Mistler

Moreland Properties

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,266/month
$50/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,081
$510,730
2026
$65,000
$445,730
$510,730
No

Tax History

Year
Tax Paid
Assessed Value
2025
$12,081
$510,730

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$494,000
No
First
May 30, 2025
Jun 2045

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$481,572
$139,428
22%
78%
$2,962/mo

City: Austin

2927 E Martin Luther King Jr Blvd Unit 3 | Property Details | No Agent List