ActiveResidential · sale

5820 Berkman

Austin, TX 78723

$250,000

  • 2 beds
  • 1 baths
  • 789 sq ft
  • 0.04 acres
  • Built 1968

Listed by Compass RE Texas, LLC · MLS #ACT1183076

5820 Berkman, Austin, TX 78723 — photo 1 View full photo
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A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 1968.

Property size

0.04 acres listed.

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

THE PROPERTY

Get to know the property.

Welcome to urban living at its finest! Nestled in the vibrant heart of East Austin, 5820 Berkman Drive Unit 110 is a stylish and modern retreat that perfectly blends comfort, convenience, and character. This ground-floor end unit offers easy access and an inviting layout, ideal for those seeking a cozy sanctuary in the city.

Step inside to discover an open-concept living space flooded with natural light and wood-look ceramic tile floors for low maintenance living. The sleek kitchen features contemporary finishes, stainless steel appliances, and ample storage. The spacious primary bedroom is a tranquil haven, complete with a generous walk-in closet for all your storage needs while the secondary bedroom serves as a great home office or guest space.

Step outside, and you’ll find yourself in the heart of the action. Situated just minutes from Mueller, 10 minutes to Downtown, and a mere 15 minutes to the airport, this location is the ultimate in convenience! Enjoy the ease of bringing groceries home from the nearby H-E-B without stairs. Spend your free time relaxing by the pool, or stay active at Orangetheory Fitness and Gold's Gym, both just moments away. When it’s time to kick back, head across the street to Hank's for your morning coffee at the cafe, delicious bites, refreshing drinks, and memorable moments with friends. HOA fee includes utility fees for gas, water, sewer, trash, recycling & a single covered parking pass. An additional parking pass for a covered space can be added for an additional $50/month. Don't miss this rare, turn-key opportunity in the heart of everywhere you want to be in Austin!
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THE NEIGHBORHOOD

Explore the location.

5820 Berkman, Austin, TX 78723

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1968
Full baths
1
Half baths
0
Garage spaces
0
Cooling
Electric
Heating
Central
Appliances
Free-Standing Gas Oven
Flooring
Tile
Fencing
None
Accessibility
None
Pool features
In Ground
Subdivision
Verandas On Berkman Condominium
Parcel
02221716240000
HOA
Berkman HOA
HOA amenities
Gas, Parking, Sewer, Trash, Water
HOA fee frequency
Monthly
Elementary school
Harris
Middle school
Webb
High school
Northeast Early College
Annual property tax
$4,780.59
HOA fee
$295.00

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$50.37
Estimated monthly rent$1,041.67
Cap rate0.49%

Annual operating income: $1,229.44

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Your property and current assumptions will be included for our team to review.

Adjust assumptions
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

See its potential.
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
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

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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5820 Berkman, Austin, TX 78723 · MLS #ACT1183076

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Listing information

MLS #ACT1183076 · Austin Board of Realtors

Listing brokerage: Compass RE Texas, LLC
Listing agent: Stacey Ivicic

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