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$449,000

3108 E 51st St Unit 903, Austin, TX, 78723

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths2 Bath
Baths1,529 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$293.66 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDryer, Exhaust Fan, Electric Water Heater, Free Standing Electric Oven, Free Standing Range, Free Standing Refrigerator, Disposal, Microwave, Washer
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesIn Wall Pest Control System, Private Yard
Lot Size5,310 sqft

Building Information

Year Built2017
Stories2
Roof Type105
Garage Spaces1

Land Information

APN02172215410000
Lot Number903
SubdivisionGrove Condominiums
Land UseResidential
Legal DescriptionUNT 903 GROVE CONDOMINIUMS PLUS 1.923 % INT IN COM AREA
Census Tract002107
Assessed Land Value$212,419
Assessed Improvement Value$237,775
Assessment Year2025

About this property

Enjoy exceptional privacy, space and convenience in this beautifully appointed end unit at The Grove, a gated-access community of just 52 townhomes across seven acres with a private walking trail. Unit 903 stands out with an oversized, private, shaded, and turfed backyard, covered patio, with plenty of room to garden, entertain or relax. It’s also one of only four homes in the community with a private reserved parking space in addition to its one-car garage. Inside, 10-foot ceilings on both levels, 8-foot doors and gorgeous white-oak hardwood floors create a bright, elevated feel. The flexible floor plan offers two large bedrooms with ensuite baths plus a separate study/office. The primary suite features peaceful treetop views and an impressive walk-in closet, while the second bedroom includes a built-in Murphy bed—perfect for guests or additional flex space. Exceptional closets and storage are found throughout. All this just 3 minutes from Mueller H-E-B, restaurants and Dell Children’s Medical Center, and approximately 12 minutes from ABIA and Dell Medical School at UT. A rare combination of privacy, outdoor space, extra parking and lock-and-leave convenience in a central Austin location.

Investor Tools

$296,767Estimated Mortgage Balance
$211,233Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,048 /month
Positive
Cash Flow Estimate:
$1,016 /month

Interested in this property?

David McCall

KW-Austin Portfolio Real Estate

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$979/month
$330/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,213
$450,194
2025
$212,419
$237,775
$450,194
No

Tax History

Year
Tax Paid
Assessed Value
2025
$9,213
$450,194

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cornerstone Home Lending Inc
Conventional
$341,100
No
First
Feb 28, 2020
Mar 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$296,767
$211,233
41%
58%
$2,046/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,626/mo
$2,376/mo
$-750/mo
3.8%

City: Austin

3108 E 51st St Unit 903 | Property Details | No Agent List