Active Listing  ·  150 days on market

1114 Richardine Ave

Austin, TX 78721
$575,000
3 Bed 2 Bath 1,677 sqft $343/sqft Built 1961 0.14 acres Pool Brooksdale

There is no survey, seller will not purchase a new survey. Selling AS-IS. This home is located minutes from downtown, not far from the Walnut Creek Trail, Medici at Springdale General, & Micklethwait Barbecue.

At $343/sqft, this home is 12% below the Austin active market average of $391/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

1114 Richardine Ave, Austin, TX 78721

Property Details

Price $575,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,677 sqft
Lot Size 0.14 acres (6,137.6 sqft)
Year Built 1961
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Brooksdale
County Travis
Zip Code 78721
$/sqft $343/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $8,512.78
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT220666130
List Date March 7, 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.

Schedule a Call →

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
4805 Louis Ave
Eastfield
$575,000 $349 4 bd / 2 ba 1,648 sqft , 2026-03-20
1702 S Lamar Blvd #11
Sage Condo
$575,000 $378 2 bd / 3 ba 1,523 sqft , 2026-01-09
7800 Southwest Pkwy Pkwy #2020
Escondera Condominiums
$575,000 $269 3 bd / 2 ba 2,135 sqft , 2026-01-09
1000 Liberty Park Dr #204
Liberty Park Condo Amd
$575,000 $483 2 bd / 2 ba 1,191 sqft , 2026-03-20
8921 Corran Ferry Dr
Sendera Sec 16
$575,000 $296 4 bd / 3 ba 1,945 sqft , 2026-05-14

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
$2,760/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
$115,000
20% conventional investment loan

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

Estimated Gross Rent+$2,760
Principal + Interest−$3,138
Property Tax (~2.1% TX avg)−$1,006
Insurance (~0.5%)−$240
Est. Monthly Cash Flow $-1,624

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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