Active Listing  ·  113 days on market

1118 Spur St

Austin, TX 78721
$399,000
4 Bed 2 Bath 1,177 sqft $339/sqft Built 1960 0.15 acres Pool Pecan Valley

Discover an exceptional opportunity to embrace a vibrant lifestyle in Austin, Texas. This delightful residence, offering four comfortable bedrooms and two full bathrooms, is perfectly situated to provide both convenience and a genuine sense of community. The property spans a generous 0.15-acre lot, providing ample outdoor space for relaxation and enjoyment. The well-proportioned interior offers a welcoming atmosphere, ideal for creating lasting memories. The exterior presents a wonderful canvas for personalization, whether it's for gardening enthusiasts or those who appreciate outdoor leisure. Situated in a desirable Austin locale, this address offers easy access to local amenities and the city's dynamic cultural scene, ensuring a fulfilling and engaging living experience. This charming property represents an excellent chance to secure a home in a thriving area, combining practical living with the allure of Austin's unique appeal.

At $339/sqft, this home is 14% 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

1118 Spur St, Austin, TX 78721

Property Details

Price $399,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths ,
Living Area 1,177 sqft
Lot Size 0.15 acres (6,555.78 sqft)
Year Built 1960
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Pecan Valley
County Travis
Zip Code 78721
$/sqft $339/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $6,621.3
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT232369140
List Date June 2, 2026
Elementary School Ortega
Middle School Gorzycki
High School Liberal Arts and Science Academy (LASA)
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 · June 2, 2026 $405,000
Current ask $399,000
Reduced $6,000 (-1.5%) 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
3606 Abbate Cir
Abbate
$400,000 $335 4 bd / 1 ba 1,194 sqft , 2026-06-18
1210 Delano St
Lincoln Gardens 01
$375,000 $269 3 bd / 2 ba 1,394 sqft , 2026-09-07
4703 Leslie Ave
Cedar Valley
$374,000 $297 3 bd / 2 ba 1,260 sqft , 2026-07-01
3206 Goodwin Ave
Spillar & Greenwood Add
$424,900 $355 3 bd / 1 ba 1,198 sqft , 2026-09-11
2702 Crest Ave #1
Rosewood
$425,000 $411 3 bd / 2 ba 1,034 sqft , 2026-09-02

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
$1,915/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
$79,800
20% conventional investment loan

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

Estimated Gross Rent+$1,915
Principal + Interest−$2,178
Property Tax (~2.1% TX avg)−$698
Insurance (~0.5%)−$166
Est. Monthly Cash Flow $-1,127

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 13, 2026.

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