ActiveResidential · sale

1101 Grove

Austin, TX 78741

$280,000

  • 2 beds
  • 3 baths
  • 1,048 sq ft
  • 0.06 acres
  • Built 2014

Listed by eXp Realty, LLC · MLS #ACT5614038

A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 2014.

Property size

0.06 acres listed.

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

THE PROPERTY

Get to know the property.

In a gated pocket just off Riverside, this end-unit townhome keeps things simple in the best way: updated interiors, useful amenities, and quick access to some of East Austin’s best outdoor spots. With 2 bedrooms, 2.5 baths, and two assigned parking spaces, including one covered, the home is a solid fit for a primary residence, lock-and-leave setup, or investment property. The main level has a clean, open flow with rich LVP wide-plank flooring, bright white walls (freshly painted), recessed lighting, and space to create a comfortable living and dining setup. The kitchen keeps things sleek with countertops, stainless steel appliances, a breakfast bar, modern flat-panel cabinetry, and a fun built-in under-stair storage nook that is perfect for cookbooks, barware, spices, or pantry overflow. A half bath on the main level adds convenience for guests. Upstairs, both bedrooms have freshly replaced carpet and their own ensuite bath, giving the layout built-in privacy for roommates, guests, or a home office. Outside your front door, mature trees, xeriscape landscaping, and a gated community setting give the property a tucked-away feel without losing the city connection. Riverside Grove residents enjoy access to a community pool, fitness center, dog run, grilling stations, and shaded gathering areas. The location is a major win, with Roy G. Guerrero Park, Montopolis Arboretum trails, the Hike & Bike Trail, ACC Riverside, Riverside Golf Course, public transit, downtown Austin, ABIA, and the Riverside corridor all nearby. Easy to own, easy to enjoy, and right in the middle of a fast-moving Austin pocket.
Buyer to verify all info.

THE NEIGHBORHOOD

Explore the location.

1101 Grove, Austin, TX 78741

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
2014
Full baths
2
Half baths
1
Garage spaces
0
Cooling
Ceiling Fan(s), Central Air, Electric
Heating
Central, Electric
Appliances
Dishwasher, Disposal, Microwave, Electric Oven, Free-Standing Electric Range, Refrigerator, Washer/Dryer Stacked
Flooring
Carpet, Tile, Vinyl
Fencing
Gate, Perimeter
Accessibility
None
Pool features
None
Subdivision
Townhomes At Riverside Grove
Parcel
03051412140000
HOA
Riverside Grove
HOA amenities
Common Area Maintenance
HOA fee frequency
Monthly
Elementary school
Baty
Middle school
Ojeda
High school
Del Valle
Annual property tax
$5,882.99
HOA fee
$233.00

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$117.25
Estimated monthly rent$1,166.67
Cap rate0.75%

Annual operating income: $2,107.04

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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 & 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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1101 Grove, Austin, TX 78741 · MLS #ACT5614038

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Listing information

MLS #ACT5614038 · Austin Board of Realtors

Listing brokerage: eXp Realty, LLC
Listing agent: Angele Moyseos

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