Active Listing  ·  9 days on market

1302 Bentwood Rd

Austin, TX 78722
$425,000
3 Bed 1 Bath 1,092 sqft $389/sqft Built 1948 0.18 acres 1-Car Garage Pool Delwood Sec 02

Unlock the potential of this East Austin investment opportunity! Located in the classic Delwood/Wilshire Wood area of 78722, this vacant three bedroom, one bath home offers investors an opportunity to renovate, expand, hold as a rental, or explore future redevelopment potential. All of this in a location where proximity to Mueller, UT, Downtown Austin, and the Manor Road corridor continues to drive demand. The existing single-story layout provides a solid starting point, with a spacious living room featuring a wood-burning fireplace and multi-pane windows, an eat-in kitchen with gas range hookups, three bedrooms and a full bath. The generous backyard, shaded by mature trees, adds valuable flexibility for an investor looking to rework the existing footprint, create additional outdoor living space, or evaluate expansion options. Sold as-is and vacant, the property offers a clean opportunity without the complications of an existing tenant or lease. Immediate possession and a straightforward closing make it easier to begin the next phase quickly, whether that means updating the current home, repositioning it as a rental, or evaluating a larger renovation or rebuild. Location is a major part of the investment story. The property sits minutes from Mueller, the University of Texas, Downtown Austin, and East Austin’s popular dining and entertainment scene, while nearby parks, the Mueller farmers market, and Manor Road provide everyday walkability. For investors seeking a value-add opportunity in an established East Austin neighborhood, this is a chance to acquire a vacant property with multiple paths forward. The location is established and the next chapter is yours to create.

At $389/sqft, this home is priced in line with the Austin market average of $392/sqft across 4,455 active listings. View Austin market report →

Location

1302 Bentwood Rd, Austin, TX 78722

Property Details

Price $425,000
Status Active Listing
Beds 3
Full Baths 1
Half Baths ,
Living Area 1,092 sqft
Lot Size 0.18 acres (7,866.94 sqft)
Year Built 1948
Garage 1 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Delwood Sec 02
County Travis
Zip Code 78722
$/sqft $389/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $8,690.54
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT247600326
List Date September 29, 2026
Elementary School Maplewood
Middle School Kealing
High School McCallum
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
1509 Ridgemont Dr
Windsor Park
$425,000 $384 3 bd / 1 ba 1,108 sqft , 2026-09-24
5307 Harmon Ave #2
Northvale Sec 02
$415,000 $381 2 bd / 2 ba 1,088 sqft , 2026-09-23
1612 Broadmoor Dr
Windsor Park
$409,000 $316 3 bd / 1 ba 1,296 sqft , 2026-09-11
919 E 51st St #B
919 East 51st Condos
$400,000 $461 2 bd / 1 ba 867 sqft , 2026-04-23
3110 Red River St #C-402
Sterling Crest Condo Am
$399,000 $421 2 bd / 2 ba 947 sqft , 2026-05-05

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
$2,040/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
$85,000
20% conventional investment loan

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

Estimated Gross Rent+$2,040
Principal + Interest−$2,319
Property Tax (~2.1% TX avg)−$744
Insurance (~0.5%)−$177
Est. Monthly Cash Flow $-1,200

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 4, 2026.

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