Active Listing  ·  39 days on market

1197 Angelina St

Austin, TX 78702
$725,000
3 Bed 2 Bath 1,352 sqft $536/sqft Built 2002 0.22 acres 2-Car Garage Pool Robertson George L

Welcome to 1197 Angelina St - Where thoughtful updates and an inviting open floor plan create a space that feels stylish, comfortable, and move-in ready! Step inside to discover new flooring, fixtures and completely renovated bathrooms and kitchen space. The updates continue outside with new landscaping and other major improvements including a new roof, fully fenced yard, and ample space for gated parking. Best of all - this sought after zip code is walkable to all East Side’s favorites with neighborhood hangouts like Quickie Pickie, Hillside Farmacy and Loudmouth just steps from your front door!

At $536/sqft, this home is priced 36% above the Austin active market average of $393/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

1197 Angelina St, Austin, TX 78702

Property Details

Price $725,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,352 sqft
Lot Size 0.22 acres (9,448.16 sqft)
Year Built 2002
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Robertson George L
County Travis
Zip Code 78702
$/sqft $536/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $15,085.91
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT225835816
List Date August 14, 2026
Elementary School Blackshear
Middle School Kealing
High School Crockett
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 · August 14, 2026 $750,000
Current ask $725,000
Reduced $25,000 (-3.3%) 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
84 East Ave #1810
Rainey District
$724,999 $685 2 bd / 2 ba 1,058 sqft , 2026-09-12
1706 Pennsylvania Ave
Johns C R
$715,000 $611 2 bd / 2 ba 1,170 sqft , 2026-03-06
800 Embassy Dr #319
Tyndall at Robertson Hill
$699,999 $496 2 bd / 2 ba 1,411 sqft , 2026-07-03
70 Rainey St #1509
70 Rainey Residences
$695,000 $616 2 bd / 2 ba 1,128 sqft , 2026-02-26
1184 Waller St
Robertson George L
$689,000 $451 4 bd / 3 ba 1,528 sqft , 2026-05-25

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
$3,480/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
$145,000
20% conventional investment loan

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

Estimated Gross Rent+$3,480
Principal + Interest−$3,957
Property Tax (~2.1% TX avg)−$1,269
Insurance (~0.5%)−$302
Est. Monthly Cash Flow $-2,048

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 September 13, 2026.

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