About This Home

East Austin diamond in the rough. Remove structure and have a clean slate.

At $243/sqft, this home is 38% below the Austin active market average of $390/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

1127 Mark St #D, Austin, TX 78721

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Property Details

Price $210,000

Status Active Listing

Beds 2

Full Baths 1

Half Baths ,

Living Area 864 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 $243/sqft

Days on Market ,

HOA None / verify with agent

Annual Tax Est. $5,914.12

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT239154494

List Date August 9, 2026

Elementary School Ortega

Middle School Martin

High School Eastside Early College

School District ,

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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

2931 E 12th St #206
East End Flats Amd $215,000 $330 1 bd / 1 ba 651 sqft , 2026-08-13

1410 Luna St
Chernosky 09 $204,000 $317 2 bd / 1 ba 644 sqft , 2026-05-27

2931 E 12th St #201
East End Flats Amd $224,999 $334 1 bd / 1 ba 673 sqft , 2026-07-17

1313 Perez St
Chernosky 09 $265,000 $315 1 bd / 1 ba 840 sqft , 2026-05-12

1124 Spur St
Pecan Valley $269,000 $244 3 bd / 1 ba 1,104 sqft , 2026-02-18

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

$1,008/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

$42,000

20% conventional investment loan

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

Estimated Gross Rent+$1,008

Principal + Interest−$1,146

Property Tax (~2.1% TX avg)−$368

Insurance (~0.5%)−$88

Est. Monthly Cash Flow $-594

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 August 11, 2026.

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

1127 Mark St #D

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Austin, TX

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