Active Listing  ·  37 days on market

1103 Norwalk Ln

Austin, TX 78703
$1,049,000
3 Bed 2 Bath 1,690 sqft $621/sqft Built 1953 0.17 acres 2-Car Garage Pool Marlton Place Sec 2 (Tarrytown)

Your entry point into one of Austin's most beloved neighborhoods. Tucked along the tree-lined streets of Tarrytown on a flat, private 0.171-acre lot (~7,449 sq ft), this home is zoned to Casis Elementary — one of Austin's most sought-after schools and a driving force behind the neighborhood's enduring appeal.

The one-story mid-century modern home offers 1,690 sq ft of thoughtfully laid out living space with a feature rarely found at this scale: two separate living areas. Whether you need a dedicated playroom, home office, media room, or simply a space where the family can spread out, this home delivers the flexibility that growing families are looking for. Three bedrooms, two bathrooms, and an oversized 2-car garage with soaring vaulted ceilings and generous storage complete the picture indoors. Outside, a large deck and peaceful, tree-surrounded yard set the scene for morning coffee, weekend dinners, and kids at play — plus a garden shed for anyone with a passion for gardening.

Everything Tarrytown has to offer is at your doorstep: Lions Municipal Golf Course a half-mile away, Deep Eddy Pool and Lady Bird Lake trails 5 minutes south, and downtown Austin under 3 miles away. Mayfield Park, Mount Bonnell, and direct MoPac access round out a location that rarely becomes available in 78703.

Move in and enjoy it, personalize it over time, or build your forever home on a generous Tarrytown lot. Opportunities like this don't last.

At $621/sqft, this home is priced 59% above the Austin active market average of $391/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

1103 Norwalk Ln, Austin, TX 78703

Property Details

Price $1,049,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,690 sqft
Lot Size 0.17 acres (7,492.32 sqft)
Year Built 1953
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Marlton Place Sec 2 (Tarrytown)
County Travis
Zip Code 78703
$/sqft $621/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT237627408
List Date June 28, 2026
Elementary School Casis
Middle School O Henry
High School Austin
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.

Schedule a Call →

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 · June 28, 2026 $1,095,000
Current ask $1,049,000
Reduced $46,000 (-4.2%) 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
48 East Ave #1310
48 East Condos
$1,049,000 $821 2 bd / 2 ba 1,277 sqft , 2026-03-13
301 West Ave #2009
Independent Condos
$1,049,000 $948 2 bd / 2 ba 1,106 sqft , 2026-05-05
314 Hidden Beacon Bnd
Rough Hollow
$1,049,000 $480 3 bd / 3 ba 2,185 sqft , 2026-06-26
2811 W Fresco Dr
Rosedale
$1,050,000 $498 4 bd / 3 ba 2,109 sqft , 2026-06-26
3103 Garwood St #1
Brass G M
$1,050,000 $504 3 bd / 4 ba 2,082 sqft , 2026-06-04

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
$5,035/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
$209,800
20% conventional investment loan

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

Estimated Gross Rent+$5,035
Principal + Interest−$5,725
Property Tax (~2.1% TX avg)−$1,836
Insurance (~0.5%)−$437
Est. Monthly Cash Flow $-2,963

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 →

Neighborhood Context

About Tarrytown

Tarrytown is the gold standard for Austin real estate - a neighborhood that's been desirable for over a century and shows no signs of changing. Situated between Lake Austin and MoPac, it combines exceptional location with the kind of neighborhood maturity that takes generations to build.

Mature live oaks canopy streets lined with everything from Tudor revivals and craftsman bungalows to sleek modern rebuilds. Homes here rarely sit on the market - buyers who've been watching Tarrytown move fast when something hits.

🏡
Architecture

Tudor revivals, craftsman bungalows, limestone ranches, and high-end new construction - more architectural variety than almost any Austin neighborhood.

🌊
Lake Austin Access

Direct access to Lake Austin via multiple public access points. Many homes have private docks and lake frontage.

🌳
Tree Canopy

Some of the densest live oak coverage in Austin. The neighborhood feels noticeably cooler and quieter than most of the city.

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Location

Minutes from downtown, Clarksville, and West 6th. Everything without the traffic noise.

Full Tarrytown Guide →

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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