ActiveResidential · sale

3607 Las Colinas Dr #B

Austin, TX 78731

$399,900

  • 2 beds
  • 3 baths
  • 1,365 sq ft
  • 0.12 acres
  • Built 1972

Listed by Compass RE Texas, LLC · MLS #ACT9517072

3607 Las Colinas Dr #B, Austin, TX 78731 — photo 1 View full photo
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PROPERTY QUESTIONS & SHOWINGS

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3607 Las Colinas Dr #B, Austin, TX 78731 · MLS #ACT9517072

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A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 1972.

Property size

0.12 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Beautifully updated condo in the highly desirable 78731 corridor, offering a functional layout and a prime Northwest Austin location just minutes from some of the city’s most loved amenities.

This thoughtfully refreshed unit features two spacious primary bedrooms upstairs, each with its own ensuite bath, ideal for flexibility, privacy, or shared living arrangements. Updates completed in 2021 include wood-look flooring throughout, fresh interior paint, and modernized bathrooms, creating a clean, cohesive, and move-in ready feel.

The main level offers comfortable living and dining spaces, along with a dedicated indoor laundry area for everyday convenience. Two assigned parking spaces provide ease and accessibility.

Located near 2222 and MoPac, this home offers quick access to Downtown Austin, The Domain, and major employers, while also being close to local favorites for dining, coffee, and outdoor recreation. Enjoy proximity to scenic Hill Country views, nearby parks, and walking trails, all while being tucked into an established residential setting.

A well-balanced combination of location, layout, and updates makes this a standout opportunity in one of Austin’s most consistently sought-after areas.
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THE NEIGHBORHOOD

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3607 Las Colinas Dr #B, Austin, TX 78731

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LOCAL MARKET CONTEXT

Travis County housing market

See the broader conditions surrounding this property through ERA Brokers Consolidated research.

12-month price trend$505,893Down 1.5% vs. the previous 12 months
Months of supply5.612-month average
Days on market8412-month weighted average

Latest available data: August 2026. Research by ERA Brokers Consolidated.

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These figures describe the broader reporting area and do not determine this property’s value, condition, availability, or likely sale price.

THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1972
Full baths
2
Half baths
1
Garage spaces
0
Cooling
Ceiling Fan(s), Central Air, Electric
Heating
Central, Electric
Appliances
Dishwasher, Disposal, Microwave, Plumbed For Ice Maker, Free-Standing Electric Range, Refrigerator, Washer/Dryer
Flooring
Laminate, Tile
Fencing
None
Accessibility
None
Pool features
None
Subdivision
Las Colinas Amd
Parcel
01330436460000
HOA
Las Colinas HOA
HOA amenities
Common Area Maintenance, Maintenance Grounds, Trash, Water
HOA fee frequency
Monthly
Elementary school
Highland Park
Middle school
Lamar (Austin ISD)
High school
McCallum
Annual property tax
$7,439.00
HOA fee
$389.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase$197.43
Estimated monthly rent$1,666.25
Cap rate0.84%

Annual operating income: $3,368.88

HOA: Includes $389.00 per month in HOA dues, converted from the $389.00 monthly fee reported by the listing source.

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Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interest—Loan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

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Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
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Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

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Listing information

MLS #ACT9517072 · Austin Board of Realtors

Listing brokerage: Compass RE Texas, LLC
Listing agent: Diana Cuero

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.