Active Listing  ·  233 days on market

1160 Nickols Ave #A

Austin, TX 78721
$375,000
3 Bed 3 Bath 1,914 sqft $196/sqft Built 2014 0.11 acres 1-Car Garage Pool Nuckols Condo

SHORT SALE!! Seller accepting CASH and Conventional financing ONLY!! Needs TLC. Bankruptcy short sale will take about 120 days to get response on offer from lien holders.

This 3-bedroom, 2.5-bath home offers 1,900+ square feet of living space in a rapidly growing East Austin neighborhood surrounded by new construction. The property is part of a bankruptcy estate and is being sold as-is, with no repairs to be completed by the seller. The price reflects current condition and presents an excellent opportunity for investors, fix-and-flip buyers, or those looking to add value through updates.

The home features high ceilings, recessed lighting, a versatile upstairs den, and a spacious primary suite with dual vanities, a large walk-in shower, and an expansive closet. Additional highlights include concrete flooring and a garage equipped with a Level 2 EV outlet.

Located near Mueller, downtown Austin, and popular local spots such as Palomino Coffee, Southern Heights Brewing, and Springdale General, this property sits in an area poised for continued growth. With strong fundamentals, generous square footage, and an attractive price point, this is a rare opportunity to secure a property with significant upside in East Austin.

At $196/sqft, this home is 50% 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

1160 Nickols Ave #A, Austin, TX 78721

Property Details

Price $375,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,914 sqft
Lot Size 0.11 acres (4,917.92 sqft)
Year Built 2014
Garage 1 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Nuckols Condo
County Travis
Zip Code 78721
$/sqft $196/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $13,840.08
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT214467097
List Date February 2, 2026
Elementary School Sims
Middle School Garcia
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.

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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
1136 Eleanor St
Green Valley 01
$375,000 $300 2 bd / 2 ba 1,249 sqft , 2026-06-26
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
1008A Brickell Loop
Easton Park - Nelson Village
$379,156 $208 3 bd / 3 ba 1,823 sqft , 2026-08-07
5202 Dimesky Ln
Park at 51 East affordable
$396,000 $221 3 bd / 3 ba 1,793 sqft , 2026-08-23

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
$1,800/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
$75,000
20% conventional investment loan

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

Estimated Gross Rent+$1,800
Principal + Interest−$2,047
Property Tax (~2.1% TX avg)−$656
Insurance (~0.5%)−$156
Est. Monthly Cash Flow $-1,059

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 August 20, 2026.

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