Active Listing  ·  205 days on market

1005 Arthur Stiles Rd

Austin, TX 78721
$366,000
3 Bed 1 Bath 1,170 sqft $313/sqft Built 1971 0.17 acres Pool Johnston Terrace Sec 07

Perfect East Austin starter home exuding investment opportunity! This is one darling home with excellent curb appeal that has been lovingly maintained and is located in a hot little pocket of East Austin! Just some of the features include updated kitchen & bath, recessed lighting, recent fixtures, roof approximately two years old, energy-efficient double pane windows, HVAC replaced 2022, hardi-type siding and more! We are talking move-in ready! Home has a fully fenced backyard and has NO NEIGHBORS BEHIND! Backyard features a rain catchment system, a big concrete slab with AC for whatever you choose--would make a great greenhouse or screened porch! Yard is xeriscaping front and back for easy maintenance and low water usage! Home is situated across from the Liberal Arts & Sciences Academy--ranked #1 best high school in AISD, #4 in the state and consistently one of the best in the country! This one is a no-brainer for a solid investment!

At $313/sqft, this home is 20% below the Austin active market average of $393/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

1005 Arthur Stiles Rd, Austin, TX 78721

Property Details

Price $366,000
Status Active Listing
Beds 3
Full Baths 1
Half Baths ,
Living Area 1,170 sqft
Lot Size 0.17 acres (7,405.2 sqft)
Year Built 1971
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Johnston Terrace Sec 07
County Travis
Zip Code 78721
$/sqft $313/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $7,897.37
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT220989397
List Date March 2, 2026
Elementary School Ortega
Middle School Martin
High School Eastside Early College
School District ,

Luke Allen (TREC #788149) has deep knowledge of Austin and surrounding markets. Whether you're buying, selling, or just researching comparable sales, reach out for a no-pressure conversation.

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Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · March 2, 2026 $399,000
Previous ask $384,550
Current ask $366,000
Reduced $33,000 (-8.3%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

Similar Homes on the Market in Austin

Comparable Listings Right Now

Homes currently for sale in Austin with similar bedroom count, size, and price range, giving you real-time context for how this property's asking price compares to the active market.

AddressList Price$/sqftBeds/BathsSqftDOMListed
5309 Prock Ln
Green Valley 02
$350,000 $389 2 bd / 1 ba 900 sqft , 2026-03-12
2513 Winchell Ln
Knollwood On The Colorado River Sec 01
$395,000 $312 3 bd / 2 ba 1,267 sqft , 2026-05-01
1118 Spur St
Pecan Valley
$399,000 $339 4 bd / 2 ba 1,177 sqft , 2026-06-02
1122 Spur #D St #D
Pecan Valley
$330,000 $288 3 bd / 2 ba 1,144 sqft , 2026-05-14
1060 Gardner None
Johnston Terrace
$295,000 $200 3 bd / 2 ba 1,478 sqft , 2026-07-06

Source: ACTRIS MLS, live listings. Similar by ±1 bed, ±35% price, ±35% sqft. Contact Luke for a formal comparative market analysis.

Investment Analysis

Rental Income Potential

The numbers below use conservative Austin-market assumptions. They are estimates, not a guarantee. Actual rents vary by condition, timing, and management. Read our full Austin rental property guide →

Est. Monthly Rent
$1,757/mo
0.48% rule · conservative Austin est.
Gross Yield
5.76%
Annual rent ÷ purchase price
Cap Rate (est.)
3.46%
NOI after 40% vacancy + expenses
Down Payment
$73,200
20% conventional investment loan

Monthly Cash Flow Breakdown (20% down · 7.25% rate)

Estimated Gross Rent+$1,757
Principal + Interest−$1,997
Property Tax (~2.1% TX avg)−$641
Insurance (~0.5%)−$153
Est. Monthly Cash Flow $-1,034

At current rates and prices, many Austin luxury properties run neutral or slightly negative on pure cash flow, appreciation and equity paydown are the primary return drivers. BRRRR and off-market acquisitions can improve day-one cash flow. Learn about the BRRRR method in Austin →

Commute & Employment

Major Employers Near Austin, TX

Austin sits within commuting range of Austin's major tech, manufacturing, and corporate campuses. Approximate drive times from this area:

Tesla Gigafactory 15-25 min E
Apple Campus (Domain) 20-30 min N
Google / Meta / Indeed 10-15 min downtown
Dell Medical School / UT Austin 10-20 min
Samsung Austin Semiconductor 25 min N

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About the Author
Luke Allen, Austin TX Realtor, TREC #788149
Luke Allen
Licensed Austin TX Realtor · TREC #788149 · Full-time since 2019
★★★★★ 5.0 on Google · 30 Reviews

Luke Allen is a full-time Austin TX Realtor with the Austin Marketing + Development Group brokerage. He works with buyers, sellers, and investors across every Austin ISD and the surrounding neighborhoods, from Downtown and East Austin to Round Rock, Cedar Park, and the Hill Country. Every page on this site is written and maintained by Luke. This page was last updated on September 22, 2026.

📞 (254) 718-2567 [email protected] More about Luke →