Active Listing  ·  295 days on market

1105 Richardine Ave

Austin, TX 78721
$300,000
3 Bed 1 Bath 748 sqft $401/sqft Built 1963 0.16 acres Pool Brooksdale

North on I35, right on Airport, left on Springdale, right on Ledesma, right on Ledesma, right on Richardine, House on he left.

At $401/sqft, this home is priced 2% above the Austin active market average of $393/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

1105 Richardine Ave, Austin, TX 78721

Property Details

Price $300,000
Status Active Listing
Beds 3
Full Baths 1
Half Baths ,
Living Area 748 sqft
Lot Size 0.16 acres (7,026.23 sqft)
Year Built 1963
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Brooksdale
County Travis
Zip Code 78721
$/sqft $401/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $6,540.18
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT213144155
List Date December 1, 2025
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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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
1616 Webberville Rd #A
Flournoy's Eastern Hills Sec 4
$315,000 $438 2 bd / 1 ba 720 sqft , 2026-01-07
3108 E 13th St
McKinley Heights
$329,000 $508 2 bd / 1 ba 648 sqft , 2026-06-02
5309 Prock Ln
Green Valley 02
$350,000 $389 2 bd / 1 ba 900 sqft , 2026-03-12
1127 Mark St #D
Pecan Valley
$210,000 $243 2 bd / 1 ba 864 sqft , 2026-08-09
1408 Luna St
Chernosky 09
$204,000 $402 2 bd / 1 ba 508 sqft , 2026-05-27

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
$1,440/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
$60,000
20% conventional investment loan

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

Estimated Gross Rent+$1,440
Principal + Interest−$1,637
Property Tax (~2.1% TX avg)−$525
Insurance (~0.5%)−$125
Est. Monthly Cash Flow $-847

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 June 6, 2026.

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