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108 Comal ST
About This Property
The fully turfed yard is designed for effortless outdoor living and entertaining, complete with a heated cowboy pool and a private putting green, offering a playful yet elevated backyard retreat in the heart of the city.
Two expansive balconies capture stunning, unobstructed views of the downtown Austin skyline, creating the perfect setting for morning coffee, sunset gatherings, or evenings under the city lights. Inside, the open-concept main living area balances comfort and modern sophistication with a sleek fireplace, floor-to-ceiling sliders, and a stylish built-in bar that makes hosting seamless.
The second level features three spacious bedrooms, two spa-inspired baths, and a flexible loft space ideal for a lounge, office, or creative studio. The third floor provides an additional private retreat that can function as a fourth bedroom, game room, or workspace while maximizing the home's connection to the skyline beyond.
With an exceptional Walk Score of 93 and Bike Score of 90, Austin's best restaurants, nightlife, coffee shops, parks, and cultural destinations are just moments away. The home has also demonstrated strong short-term rental performance, generating nearly $15,000 per month on Airbnb, offering the flexibility of both luxury living and impressive income potential.
Rarely does a home combine architectural quality, skyline views, true walkability, and investment performance so seamlessly in the heart of East Austin.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 2, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Jun 18, 2026 | Price Decreased |
$1,495,000
↓ $73K
(4.7%) | |
| Price Decreased | |||
| May 8, 2026 | Price Decreased |
$1,568,000
↓ $7K
(0.4%) | |
| Price Decreased | |||
| Apr 16, 2026 | Price Decreased |
$1,575,000
↓ $24K
(1.5%) | |
| Price Decreased | |||
| Mar 12, 2026 | Listed by Compass RE Texas, LLC | $1,599,000 | |
| Listed by Compass RE Texas, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017