About This Home

The home on Spur Street brings together old house charm with modern and updated finish outs. Do not miss this opportunity to own your own bungalow in highly sought after East Austin. Located near Springdale General, Micklethwait, The Bouldering Project and walking paths this vibrant area is ready for you to explore. The owner has spared no details in modernizing this home, all major components have been addressed. Trending tiles and paint colors are found throughout this open floor plan. An ideal mother in law floor plan allows for privacy in this cute home. This home also comes complete with a cowboy pool for cooling off during the hot summers. Call to see in person. Currently used as an active STR, there is great investment potential.

At $395/sqft, this home is priced in line with the Austin market average of $391/sqft across 4,681 active listings. View Austin market report →

Location

1120 Spur St, Austin, TX 78721

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Property Details

Price $492,500

Status Active Listing

Beds 3

Full Baths 2

Half Baths ,

Living Area 1,248 sqft

Lot Size 0.15 acres (6,577.56 sqft)

Year Built 1957

Garage ,

Stories ,

Type Residential · Single Family Residence

Subdivision Pecan Valley

County Travis

Zip Code 78721

$/sqft $395/sqft

Days on Market ,

HOA None / verify with agent

Annual Tax Est. $7,236.39

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT226778780

List Date April 17, 2026

Elementary School Ortega

Middle School Martin

High School Eastside Early College

School District ,

Have Questions About This Property?

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

5912 Harold Ct #106
Vistas/Harold Condos $492,450 $335 2 bd / 3 ba 1,470 sqft , 2026-06-05

1709 Perez St #2
1709 Perez Condos $490,000 $448 2 bd / 3 ba 1,093 sqft , 2026-06-03

5305 Ledesma Rd #4
CASA AVILA $490,000 $445 2 bd / 3 ba 1,100 sqft , 2026-06-23

1166 Ridgeway Dr
Homewood Heights $495,000 $396 4 bd / 2 ba 1,250 sqft , 2026-08-19

1130 Spur St #A
Pecan Valley $499,000 $298 3 bd / 3 ba 1,675 sqft , 2026-02-12

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

$2,364/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

$98,500

20% conventional investment loan

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

Estimated Gross Rent+$2,364

Principal + Interest−$2,688

Property Tax (~2.1% TX avg)−$862

Insurance (~0.5%)−$205

Est. Monthly Cash Flow $-1,391

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

About the Author

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 July 16, 2026.

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

1120 Spur St

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Austin, TX

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