Under Contract  ·  27 days on market

1172 Angelina St

Austin, TX 78702
$1,000,000
0.22 acres Robertson George L

1172 Angelina St is a cleared 53.6 by 175 foot lot (0.2153 acres) in East Austin’s 78702, with mature trees and downtown just minutes away. Offered at $1,000,000.

The lot can be purchased on its own or together with 1173 San Bernard St, which sits directly behind it. Combined, the two lots create a through-block site running about 350 feet from Angelina Street to San Bernard Street, with frontage on both streets. Together they total 0.4845 acres, or about 21,100 square feet.

A concept plan illustrates one possibility: three homes facing Angelina and three facing San Bernard, served by a shared drive through the middle. The lots retain separate addresses, giving a buyer the option to plan the full site at once, develop in phases, or build on one lot and hold or sell the other.

1172 Angelina St is offered at $1,000,000. The adjoining 1173 San Bernard St is a 67 by 175 foot lot (0.2692 acres) offered at $1,080,000. Both are available for $2,080,000.

View the surveys, aerial photos and concept site plan at [vinceyoungrealty.com/rosewood-lots](https://vinceyoungrealty.com/rosewood-lots). The concept plan is illustrative only. Buyer, builder and architect should verify permitting, density, setbacks, lot size, access, trees and permitted uses with the City of Austin.

Location

1172 Angelina St, Austin, TX 78702

Property Details

Price $1,000,000
Status Under Contract
Beds ,
Full Baths ,
Half Baths ,
Living Area ,
Lot Size 0.22 acres (9,378.47 sqft)
Year Built ,
Garage ,
Stories ,
Type Land · Unimproved Land
Subdivision Robertson George L
County Travis
Zip Code 78702
$/sqft ,
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $9,629.35
Pool ,
Waterfront ,
New Construction ,
MLS # ACT248056367
List Date September 26, 2026
Elementary School Blackshear
Middle School Kealing
High School Eastside 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
2606 Santa Rosa St
CHERNOSKY M E
$799,000 $340 1 bd / 1 ba 2,348 sqft , 2025-01-28
2607 E 5th St
Chernosky M E
$799,000 $340 1 bd / 1 ba 2,348 sqft , 2025-02-17
98 San Jacinto Blvd #2103
Town Lake Residences Condo
$1,300,000 $1,226 1 bd / 1 ba 1,060 sqft , 2026-05-12
48 East Ave #3008
Natiivo Austin
$685,000 $853 1 bd / 1 ba 803 sqft , 2026-01-23
48 East Ave #2108
Natiivo
$675,000 $841 1 bd / 1 ba 803 sqft , 2026-03-25

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
$4,800/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
$200,000
20% conventional investment loan

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

Estimated Gross Rent+$4,800
Principal + Interest−$5,457
Property Tax (~2.1% TX avg)−$1,750
Insurance (~0.5%)−$417
Est. Monthly Cash Flow $-2,824

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 October 15, 2026.

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