About This Home

This is for investors , property is tear down, lots of development around the property

At $540/sqft, this home is priced 38% above the Austin active market average of $390/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

1167 Springdale Rd, Austin, TX 78721

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Property Details

Price $450,000

Status Active Listing

Beds 1

Full Baths 1

Half Baths ,

Living Area 834 sqft

Lot Size 0.21 acres (9,008.21 sqft)

Year Built 1952

Garage ,

Stories ,

Type Residential · Single Family Residence

Subdivision Carter William

County Travis

Zip Code 78721

$/sqft $540/sqft

Days on Market ,

HOA None / verify with agent

Annual Tax Est. $8,940.42

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT219447700

List Date February 14, 2026

Elementary School Sims

Middle School Garcia

High School Eastside Early College

School District Austin ISD

School District

Austin ISD

Sims · Garcia · Eastside Early College

Have Questions About This Property?

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Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · February 14, 2026 $499,000

Current ask $450,000

▼ Reduced $49,000 (-9.8%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

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

3900 Berkman Dr #203
Concourse at Mueller Condominiums $464,900 $498 2 bd / 2 ba 933 sqft , 2026-08-18

1123 Omega Ave #1
Omega Condos $435,000 $453 2 bd / 3 ba 960 sqft , 2026-10-02

1202 Greenwood Ave
1200 Greenwood Ave Condos $470,000 $468 2 bd / 3 ba 1,004 sqft , 2026-10-05

3409 Neal St #2
3409 NEAL CONDOMINIUMS $485,000 $444 2 bd / 3 ba 1,092 sqft , 2026-06-16

4600 Alf Ave
Springdale Add $499,000 $500 2 bd / 1 ba 998 sqft , 2026-09-11

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

$2,160/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

$90,000

20% conventional investment loan

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

Estimated Gross Rent+$2,160

Principal + Interest−$2,456

Property Tax (assumed ~2.1%)−$788

Insurance (assumed ~0.5%)−$188

Est. Monthly Cash Flow $-1,272

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 · 41 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. The written content was last updated on August 5, 2026.

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

1167 Springdale Rd

Location

Property Details

How This Ask Has Moved

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Austin, TX

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