ActiveResidential · sale

3309 Grooms

Austin, TX 78705

$295,000

  • 2 beds
  • 1 baths
  • 873 sq ft
  • 0.03 acres
  • Built 1949

Listed by eXp Realty, LLC · MLS #ACT7121115

A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 1949.

Property size

0.03 acres listed.

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

THE PROPERTY

Get to know the property.

Rare, updated corner unit in a prime North Campus location just moments from the University of Texas—conveniently near the School of Engineering, UT Law School, LBJ School, and more. Light-filled and full of Hyde Park charm, this updated second-floor condo offers a rare blend of privacy, character, and central Austin convenience. With no unit above, mature tree views, and thoughtfully refreshed interiors, this home feels warm, welcoming, and easy to call home.

Hardwood floors run throughout, while large windows fill the home with beautiful natural light throughout the day. The kitchen and bath have been tastefully updated with shaker-style cabinetry, quartz countertops, modern hardware, stainless steel appliances, updated lighting, tile backsplash, and a modern vanity and mirror. Two comfortable bedrooms offer flexibility for guests, a home office, or shared living. Additional highlights include a 2024 HVAC and two parking spaces.

Escala at 34th is a boutique condominium community in a prime Hyde Park/North Campus location near neighborhood coffee shops, local restaurants, UT, downtown, and everyday essentials. Enjoy a convenient central Austin location with nearby access to both UT Shuttle and CapMetro service.

Ideal as a primary residence, UT home base, or well-located Austin investment, this condo offers a hard-to-find combination of charm, updates, and location. Motivated seller. Gas cooking. In-unit stacked washer/dryer conveys.

THE NEIGHBORHOOD

Explore the location.

3309 Grooms, Austin, TX 78705

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1949
Full baths
1
Half baths
0
Garage spaces
0
Cooling
Central Air
Heating
Central
Appliances
Dishwasher, Free-Standing Gas Range, Free-Standing Refrigerator, Washer/Dryer Stacked, Water Heater
Flooring
Tile, Wood
Fencing
None
Accessibility
None
Pool features
None
Subdivision
Escala At 34th Condo
Parcel
02170620170000
HOA
Escala at 34th Street
HOA amenities
Common Area Maintenance, Insurance, Landscaping, Trash
HOA fee frequency
Monthly
Elementary school
Lee
Middle school
Kealing
High school
McCallum
Annual property tax
$6,303.81
HOA fee
$471.00

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$-107.44
Estimated monthly rent$1,229.17
Cap rate-0.19%

Annual operating income: $-551.78

Have ERA review this rental estimate

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 & interestLoan 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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3309 Grooms, Austin, TX 78705 · MLS #ACT7121115

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Listing information

MLS #ACT7121115 · Austin Board of Realtors

Listing brokerage: eXp Realty, LLC
Listing agent: Jessica Bush

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