ActiveResidential · sale

3108 51st

Austin, TX 78723

$495,000

  • 3 beds
  • 4 baths
  • 1,827 sq ft
  • 0.12 acres
  • Built 2016

Listed by KW-Austin Portfolio Real Estate · MLS #ACT2919007

A FEW THINGS TO NOTICE

What stands out.

Details worth a look

Step outside to a spacious covered patio overlooking a beautifully enhanced backyard garden featuring more than $20,000 in custom retaining walls and professional landscaping.

Year built

Built in 2016.

Garage parking

1 garage spaces listed.

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

THE PROPERTY

Get to know the property.

Discover refined, low-maintenance luxury living in this beautifully appointed townhome, where thoughtful design meets an exceptional location. Soaring 10-foot ceilings on both levels, elegant 8-foot doors throughout, and an open, light-filled floor plan create a sense of spaciousness rarely found in townhome living.

This highly prized floor plan has never before been available on the resale market! Each of the three generously sized bedrooms offers the comfort and privacy of its own en-suite bath and walk-in closet. The primary suite is on the main level, making the home ideal for families or professionals seeking flexible living arrangements.


Step outside to a spacious covered patio overlooking a beautifully enhanced backyard garden featuring more than $20,000 in custom retaining walls and professional landscaping. Beyond the yard, peaceful greenbelt views provide a tranquil backdrop and added privacy.

Nestled within a gated community of just 52 homes on a private seven-acre property, residents enjoy a secluded neighborly atmosphere complete with a private walking trail, offering the perfect balance of luxury, nature, and convenience.

The impressive location is just 12 minutes from Austin-Bergstrom International Airport, 12 minutes to the University of Texas campus and Dell Medical School, and only one mile from Mueller H-E-B and Dell Children's Medical Center, placing Austin's premier healthcare, education, dining, shopping, and travel destinations within easy reach. This is luxury lock-and-leave living at its finest!

THE NEIGHBORHOOD

Explore the location.

3108 51st, Austin, TX 78723

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
2016
Full baths
3
Half baths
1
Garage spaces
1
Cooling
Central Air
Heating
Electric
Appliances
Dishwasher, Disposal, Microwave, Electric Oven
Flooring
Tile, Wood
Fencing
Wrought Iron
Accessibility
None
Pool features
None
Subdivision
Grove Condominiums
Parcel
02172215330000
HOA
Grove Condominium Homeowners
HOA amenities
Common Area Maintenance, Insurance, Landscaping, Maintenance Grounds, Maintenance Structure
HOA fee frequency
Monthly
Elementary school
Pecan Springs
Middle school
Martin
High school
Northeast Early College
Annual property tax
$10,956.70
HOA fee
$330.00

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$249.15
Estimated monthly rent$2,062.50
Cap rate0.85%

Annual operating income: $4,227.30

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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3108 51st, Austin, TX 78723 · MLS #ACT2919007

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Listing information

MLS #ACT2919007 · Austin Board of Realtors

Listing brokerage: KW-Austin Portfolio Real Estate
Listing agent: David McCall

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