1101 Grove Blvd APT 803, Austin, TX, 78741 | $214/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

1101 Grove Blvd APT 803, Austin, TX, 78741 | $214/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1118 sft

846 Banister Ln, Austin, TX, 78704

3 Bed
2 Bath
1498 sft

129 Salado Dr, Kyle, TX, 78640

2 Bed
2 Bath
960 sft

1307 Southport Dr APT D, Austin, TX, 78704

4 Bed
2 Bath
1572 sft

The Estero Plan, Prairie Lakes, Buda, TX, 78610

Nearby investment properties with comparable prices

2 Bed
2 Bath
1060 sft

2450 Wickersham Ln APT 601, Austin, TX, 78741

2 Bed
2 Bath
917 sft

5616 Emerald Forest Dr APT 117, Austin, TX, 78745

3 Bed
2 Bath
1272 sft

5908 Wagon Bnd, Austin, TX, 78744

3 Bed
2 Bath
1373 sft

611 Masonwood Dr, Kyle, TX, 78640

Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

Explore more listings using simple english

Investment Highlights

Investment property for sale in Austin at 1101 Grove Blvd APT 803, Austin, TX, 78741 earns $214/mo cash flow from $1,921/mo rent with a $1,175/mo payment. Total monthly income totals $1,921/mo, and annual cash flow totals $2,568/yr on $79,560 capital. ROI tracks 23.14% on current figures, and rental yield reads 9.61% at a $240,000 purchase. Equity gained on principal adds $1,549/yr, and 5% annual appreciation supports $66,308 over five years. Five-year ROI reaches 121.35% and total cumulative return in cash sums $96,542. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,921/mo property income instead of your personal income.

Condo

Built in 2014

2,178 sqft lot

$N/A/sqft

No HOA

More details about the property

Beautifully updated and filled with natural light, this two-story condo in the desirable gated Grove Condominiums offers style, comfort, and unbeatable convenience. Recent enhancements include fresh interior paint, updated LVP flooring, a new sliding glass door in the bedroom, an upgraded backsplash, and an improved center island that brings both function and appeal to the kitchen. The bright upstairs bedroom features two closets and a charming Juliet balcony with peaceful views of the Riverside Golf Course just across the street. Thoughtfully designed with an airy layout, this home provides a warm and inviting atmosphere throughout. Located moments from Ben White/290, I-35, 183, and the 130 Toll Road, this prime location makes commuting and exploring Austin effortless. Enjoy quick access to Roy Guerrero Park, only four miles to Downtown, and just a 15-minute drive to the airport. The well-maintained gated community adds to the appeal with amenities including a sparkling pool, gym, outdoor grilling areas, and a dog run. Reserved covered parking space sits directly in front of the unit, with guest parking available throughout the community. HOA fees include water, trash, sewer, and community maintenance, and the unit is equipped with Google Fiber for high-speed connectivity. ***Mortgage savings may be available for buyers of this listing. Inquire with listing agent for details.***

Neighborhood Data

Neighborhood data shown for ZIP Code: 78741, Austin, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	29,212 (100%)
Owner Occupied HU	3,645 (12.5%)
Renter Occupied HU	22,859 (78.3%)
Vacant Housing Units	2,708 ( 9.3%)
Median Home Value	$457,851
Average Home Value	$511,431