Active Listing  ·  29 days on market

1119 Mark St #D

Austin, TX 78721
$315,000
2 Bed 1 Bath 720 sqft $438/sqft Built 1953 0.14 acres Pool Pecan Valley

Discover an exceptional opportunity to embrace the vibrant lifestyle of East Austin with this charming residence, perfectly situated for convenience and enjoyment. This delightful home boasts a recently replaced central air and heating system, ensuring year-round comfort and efficiency. The efficient kitchen and breakfast area feature recent tile countertops, a dishwasher, free-standing range, range hood, and refrigerator, all complemented by gleaming hardwood flooring that extends into the cozy living area. Recessed lighting and ceiling fans throughout the home enhance the inviting atmosphere. The welcoming front porch, complete with a white railing, offers a charming introduction to this single-story abode, while a covered patio provides a seamless transition to the spacious, private backyard. Mature trees provide ample shade, creating multiple inviting patio and social areas for outdoor relaxation and entertaining. A dedicated utility building conveniently houses a washer and dryer, adding to the home's practical amenities. This property, with its two bedrooms and one full bathroom across 720 square feet of living space, sits on a generous 0.14-acre lot. Experience the best of East Austin living in a home designed for comfort and modern functionality.

At $438/sqft, this home is priced 12% 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

1119 Mark St #D, Austin, TX 78721

Property Details

Price $315,000
Status Active Listing
Beds 2
Full Baths 1
Half Baths ,
Living Area 720 sqft
Lot Size 0.14 acres (5,980.79 sqft)
Year Built 1953
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Pecan Valley
County Travis
Zip Code 78721
$/sqft $438/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $7,669.1
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT237963818
List Date July 6, 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.

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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
1908 San Antonio St #303
BUENA VISTA CONDOMINIUMS
$315,000 $356 2 bd / 2 ba 885 sqft , 2026-05-27
1320 Robert Browning St #308
Greenway Lofts Condo Amd
$315,000 $572 1 bd / 1 ba 551 sqft , 2026-06-09
203 E 31st St #204
Thirty 01 Street Condo Amd
$315,000 $378 2 bd / 2 ba 834 sqft , 2026-06-25
1181 Oakgrove Ave
Homewood Heights
$314,999 $348 2 bd / 1 ba 904 sqft , 2026-01-11
3900 Berkman Dr #315
Concourse at Mueller Condominiums
$314,900 $474 1 bd / 1 ba 664 sqft , 2026-07-09

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
$1,512/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
$63,000
20% conventional investment loan

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

Estimated Gross Rent+$1,512
Principal + Interest−$1,719
Property Tax (~2.1% TX avg)−$551
Insurance (~0.5%)−$131
Est. Monthly Cash Flow $-889

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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