About This Home

Rare redevelopment opportunity in fast changing Georgian Acres with more than 600 feet of street frontage. Over one-half acre with access from three sides: Deen Ave, Georgian Drive and W. Elliot St. Security fencing on all sides and paved pull-through driveway perfect for construction vehicles, material staging and redevelopment. Clear of current floodplain and Altas 14 floodplain models. All utilities already installed on property. CapMetro bus line to ACC Highland Campus stop at property on Georgian Drive.

At $221/sqft, this home is 43% below the Austin active market average of $390/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

103 Deen Ave, Austin, TX 78753

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Property Details

Price $375,000

Status Active Listing

Beds 3

Full Baths 2

Half Baths ,

Living Area 1,699 sqft

Lot Size 0.52 acres (22,546.66 sqft)

Year Built 1945

Garage ,

Stories ,

Type Residential · Single Family Residence

Subdivision Fiskville School Add

County Travis

Zip Code 78753

$/sqft $221/sqft

Days on Market ,

HOA None / verify with agent

Annual Tax Est. $6,092.65

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT238301077

List Date July 1, 2026

Elementary School Barrington

Middle School Webb

High School Navarro Early College

School District ,

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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

8602 Colonial Dr
Wooten Village Sec 06 $375,000 $247 4 bd / 2 ba 1,518 sqft , 2026-05-15

8200 Furness Dr
Woodbridge Sec 03 $380,000 $224 3 bd / 2 ba 1,693 sqft , 2026-06-05

1103 Chesapeake Dr
Jamestown Sec 02 $384,900 $289 3 bd / 2 ba 1,332 sqft , 2026-06-05

8801 Redfield Ln
Wooten Village Sec 04 $385,000 $329 3 bd / 1 ba 1,170 sqft , 2026-07-07

8507 Shenandoah Dr
Heritage Hills $400,000 $308 3 bd / 2 ba 1,300 sqft , 2026-06-19

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

$1,800/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

$75,000

20% conventional investment loan

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

Estimated Gross Rent+$1,800

Principal + Interest−$2,047

Property Tax (~2.1% TX avg)−$656

Insurance (~0.5%)−$156

Est. Monthly Cash Flow $-1,059

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

About the Author

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 July 2, 2026.

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

103 Deen Ave

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Austin, TX

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