Active Listing  ·  131 days on market

1178 Bedford St

Austin, TX 78702
$850,000
5 Bed 4 Bath 2,544 sqft $334/sqft Built 2006 0.10 acres 2-Car Garage Pool Wilson S I

Beautifully remodeled 5 bedroom, 3.5 bath home in the amazing Rosewood neighborhood - so close to downtown, the capitol, Mueller, and UT campus. Clean and new on a quiet street, this is a perfect home for a family or an investor as a long-term or short-term rental. See docs, UrbanStay has it as a 99k + of yearly income as an STR. In the heart of the East Austin district, rents in the area for houses this size and condition go for $5500-$6500+/month. The remodel includes all new high-end fridge, luxury vinyl plank floors throughout, interior and exterior paint, front door, interior doors, toilets, light fixtures, mirrors, grass, fence. HVAC is just a few years old as well. Views from the top floor of UT campus and downtown. Short walk to coffee, tacos, shopping, parks, and the library. Come see this gorgeous house today! Furniture is negotiable as well.

At $334/sqft, this home is 15% below the Austin active market average of $391/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

1178 Bedford St, Austin, TX 78702

Property Details

Price $850,000
Status Active Listing
Beds 5
Full Baths 3
Half Baths 1
Living Area 2,544 sqft
Lot Size 0.10 acres (4,399.56 sqft)
Year Built 2006
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Wilson S I
County Travis
Zip Code 78702
$/sqft $334/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $14,390
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT222468919
List Date March 26, 2026
Elementary School Oak Springs
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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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 · March 26, 2026 $975,000
Previous ask $890,000
Current ask $850,000
Reduced $125,000 (-12.8%) 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
2708 Rio Mesa Dr
Steiner Ranch Ph 01 Sec 08
$850,000 $248 5 bd / 5 ba 3,428 sqft , 2026-05-13
9803 Ribelin Ranch Ct #6
Vue/2222 Condos
$850,000 $358 4 bd / 4 ba 2,377 sqft , 2026-06-12
2421 Turtle Mountain Bnd
Bridges At Bear Creek Ph 02 Sec 01
$850,000 $275 4 bd / 4 ba 3,086 sqft , 2026-06-25
6905 N Creighton Ln
University Hills West
$850,000 $316 4 bd / 3 ba 2,694 sqft , 2026-07-29
2014 Kit Cir
Foxfield
$849,999 $356 4 bd / 4 ba 2,385 sqft , 2026-04-10

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
$4,080/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
$170,000
20% conventional investment loan

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

Estimated Gross Rent+$4,080
Principal + Interest−$4,639
Property Tax (~2.1% TX avg)−$1,488
Insurance (~0.5%)−$354
Est. Monthly Cash Flow $-2,401

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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