Active Listing  ·  106 days on market

1312 Hyman Ln

Austin, TX 78742
$349,000
3 Bed 2 Bath 1,806 sqft $193/sqft Built 1968 0.31 acres 1-Car Garage Pool Richland Estates Sec 01

Welcome to this amazing updated home where modern living meets expansive space in a vibrant locale. This distinctive property is a single-level, spacious 3 bedroom and 2 bath home offering 1,806 square feet of versatile living area, set on an impressive large lot, over 1/3 of an acre., you are greeted by an open-concept design that seamlessly integrates living areas. Tray ceilings and large windows aluminates the space with natural light, enhancing the already generous proportions of this home. The kitchen is equipped with state-of-the-art appliances and quartz counter tops, making it ideal for the avid chef and entertainers alike. Adjacent to the kitchen, the large living area features room for what you can envision that fits your needs, whether that be a cozy reading nook or a sophisticated entertainment zone. The property includes a thoughtfully designed bathroom featuring premium fixtures and contemporary finishes, ensuring both comfort and style. Step outside to discover a huge lot, offering endless possibilities for outdoor enjoyment or future expansion, Whether it be a lush garden, an outdoor entertainment area, or a tranquil retreat, this space can accommodate your aspirations. With its prime location just minutes to downtown, invites you to create the lifestyle you've always imagined. Don't miss this exceptional opportunity to make this your next home and minutes to the airport as well.

At $193/sqft, this home is 51% 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

1312 Hyman Ln, Austin, TX 78742

Property Details

Price $349,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,806 sqft
Lot Size 0.31 acres (13,377.28 sqft)
Year Built 1968
Garage 1 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Richland Estates Sec 01
County Travis
Zip Code 78742
$/sqft $193/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $7,217.16
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT221414195
List Date April 20, 2026
Elementary School Hillcrest
Middle School Dailey
High School Del Valle
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.

Schedule a Call →

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
9113 Magna Carta Loop
Colonial Place Amd
$349,000 $149 4 bd / 3 ba 2,350 sqft , 2026-04-02
2918 N 620 Ranch Rd #O282
VILLAS ON TRAVIS CONDOMINIUM
$349,000 $250 2 bd / 3 ba 1,395 sqft , 2025-04-18
2009 Iroquois Ln #B
East Riverside - Oltorf
$349,000 $241 2 bd / 3 ba 1,450 sqft , 2026-03-17
3901 Colorado High Ave
Colorado Crossing IV Sec 6-B
$349,000 $208 4 bd / 2 ba 1,680 sqft , 2026-04-26
11512 Flushwing Dr
Pioneer Crossing West Sec 07
$349,000 $205 3 bd / 2 ba 1,701 sqft , 2026-05-02

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
$1,675/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
$69,800
20% conventional investment loan

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

Estimated Gross Rent+$1,675
Principal + Interest−$1,905
Property Tax (~2.1% TX avg)−$611
Insurance (~0.5%)−$145
Est. Monthly Cash Flow $-986

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

More Luxury Homes in Austin

Loading…
View All Luxury Homes →