Active Listing  ·  143 days on market

1403 Alma Dr

Austin, TX 78753
$275,000
3 Bed 1 Bath 1,074 sqft $256/sqft Built 1983 0.16 acres 1-Car Garage Pool Copperfield Sec 01 Ph D

Located in an established North Austin neighborhood with convenient access to major tech employers, shopping, dining, and downtown, this charming single-story home offers thoughtful updates and a functional layout ideal for everyday living. Fresh exterior paint enhances the home’s curb appeal, while the property sits on a spacious lot with a one-car garage and private driveway. Inside, the open floor plan features new luxury vinyl plank flooring throughout the entire home for a clean, cohesive look. The living room welcomes you with a high vaulted ceiling, a cozy fireplace, and sliding glass doors that open to the back patio, creating an easy flow for indoor-outdoor living. The galley-style kitchen has been updated with granite countertops and stainless-steel appliances, including a gas range. The primary bedroom features a walk-in closet, while new dual-pane windows throughout enhance comfort and energy efficiency. Outside, the large fenced backyard provides plenty of space for entertaining, pets, gardening, or future possibilities. The home has been pre-inspected and already includes a home warranty, offering added peace of mind for buyers. With its updates, spacious lot, and prime North Austin location, this property presents an excellent opportunity as a starter home or investment property. All appliances convey. Schedule a showing today!

At $256/sqft, this home is 34% below the Austin active market average of $390/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

1403 Alma Dr, Austin, TX 78753

Property Details

Price $275,000
Status Active Listing
Beds 3
Full Baths 1
Half Baths ,
Living Area 1,074 sqft
Lot Size 0.16 acres (7,104.64 sqft)
Year Built 1983
Garage 1 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Copperfield Sec 01 Ph D
County Travis
Zip Code 78753
$/sqft $256/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $6,634.31
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT223229952
List Date March 23, 2026
Elementary School Copperfield
Middle School Westview
High School John B Connally
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 23, 2026 $300,000
Previous ask $289,000
Current ask $275,000
Reduced $25,000 (-8.3%) 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
3018 S 1st St #112
Loft Condo Amd The
$275,000 $361 2 bd / 1 ba 761 sqft , 2025-08-20
11716 Norwegian Wood Dr
Gracywoods Pud Sec 2
$275,000 $237 3 bd / 2 ba 1,160 sqft , 2025-08-30
6501 Brush Country Rd #109
Westcreek Landing Condo
$275,000 $223 2 bd / 2 ba 1,232 sqft , 2025-11-14
9201 Brodie Ln #2903
Brodie Heights Condo Amd
$275,000 $198 2 bd / 3 ba 1,391 sqft , 2025-11-11
915 W 22nd 1/2 St #202
Savannah Condo
$275,000 $345 2 bd / 2 ba 796 sqft , 2026-03-11

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
$1,320/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
$55,000
20% conventional investment loan

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

Estimated Gross Rent+$1,320
Principal + Interest−$1,501
Property Tax (~2.1% TX avg)−$481
Insurance (~0.5%)−$115
Est. Monthly Cash Flow $-777

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 August 10, 2026.

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