Active Listing  ·  20 days on market

1157 Nickols Ave

Austin, TX 78721
$535,000
2 Bed 3 Bath 1,296 sqft $413/sqft Built 2026 0.13 acres 1-Car Garage Pool New Construction Eastfield

*OVERHEAD GARAGE DOOR COMING THIS WEEK**Ask about lender incentives and additional inventory** Another Carr Residential project - Unbeatable craftsmanship for the price in 78721- minutes to Downtown, E 6th and Mueller, Convenient to airport. This thoughtfully designed 2 Bed , 2.5 Bath 1,269 SF home is full of charm. Walking into the home you are greeted with 10 ft ceilings, floor to ceiling cabinetry and beautiful hardwood floors. The primary en-suite is an owner's retreat w/ vaulted ceilings, spacious walk-in closet, double vanity and walk-in shower. The guest bedroom has its own full bathroom with a luxurious soaking tub for unwinding. Additional Features: Fully fenced and sodded front and backyard, Tankless hot water, high efficiency spray foam insulation, Carrier HVAC, Upgraded stainless appliance package. All Carr Residential homes are backed by an industry leading 1-2-6 Warranty plus a 10 year third-party structural policy for additional peace of mind.

At $413/sqft, this home is priced 6% 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

1157 Nickols Ave, Austin, TX 78721

Property Details

Price $535,000
Status Active Listing
Beds 2
Full Baths 2
Half Baths 1
Living Area 1,296 sqft
Lot Size 0.13 acres (5,736.85 sqft)
Year Built 2026
Garage 1 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Eastfield
County Travis
Zip Code 78721
$/sqft $413/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $4,601.62
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT239814098
List Date July 15, 2026
Elementary School Sims
Middle School Martin
High School Northeast 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
2812 Oak Springs Dr #2
Homewood Heights
$535,000 $491 2 bd / 3 ba 1,089 sqft , 2025-10-23
2015 Fair Oaks Dr
Southern Oaks Sec 01
$535,000 $460 3 bd / 2 ba 1,164 sqft , 2026-06-02
15708 Monona Cv
Woods Brushy Creek Sec 01
$535,000 $329 3 bd / 3 ba 1,625 sqft , 2026-07-05
1705B Perez St
Chernosky 10
$535,000 $341 3 bd / 3 ba 1,568 sqft , 2026-07-09
2505 E 11th St #2
2505 E 11th Street Condos
$535,000 $597 2 bd / 3 ba 896 sqft , 2026-07-30

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
$2,568/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
$107,000
20% conventional investment loan

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

Estimated Gross Rent+$2,568
Principal + Interest−$2,920
Property Tax (~2.1% TX avg)−$936
Insurance (~0.5%)−$223
Est. Monthly Cash Flow $-1,511

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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