Active Listing  ·  65 days on market

1403 Clifford Ave

Austin, TX 78702
$489,000
3 Bed 1 Bath 1,050 sqft $466/sqft Built 1950 0.13 acres Pool Lesikar

Exceptional opportunity in one of East Austin's most desirable locations! Whether you're looking for a charming move-in-ready home, an investment property, or a site with future redevelopment potential, this property offers outstanding flexibility. The main residence features 2 bedrooms and 1 bath, complemented by a separate detached flex space with its own sink and hookups for a mini refrigerator. Ideal as a 3rd bedroom, home office, music studio, or creative workspace. Use as a client reception area that leads into your small home-based business.

Thoughtfully renovated in recent years, the home showcases hardwood floors throughout, stainless steel appliances, a spacious laundry room, and updated HVAC and plumbing systems. Abundant windows fill the interior with natural light, creating a bright and welcoming atmosphere. Outside, both the front and back yards are fenced, providing privacy and ample space for pets, gardening, or outdoor entertaining. Get creative, this exterior offers a blank slate. The property's generous lot and prime location may also present future redevelopment opportunities for buyers looking to capitalize on East Austin's continued growth. Enjoy easy access to Downtown Austin, Mueller, local coffee shops, neighborhood restaurants, parks, bike trails, and the MLK Jr. Light Rail Station for convenient commuting. A nearby ball field, running trail and recreational amenities further enhance the appeal of this sought-after location. Don't miss this rare opportunity to enjoy the property as it is today or explore its long-term potential in one of Austin's most dynamic neighborhoods.

At $466/sqft, this home is priced 19% above the Austin active market average of $392/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

1403 Clifford Ave, Austin, TX 78702

Property Details

Price $489,000
Status Active Listing
Beds 3
Full Baths 1
Half Baths ,
Living Area 1,050 sqft
Lot Size 0.13 acres (5,619.24 sqft)
Year Built 1950
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Lesikar
County Travis
Zip Code 78702
$/sqft $466/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $9,322.11
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT236959102
List Date June 19, 2026
Elementary School Campbell
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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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 · June 19, 2026 $495,000
Current ask $489,000
Reduced $6,000 (-1.2%) 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
1709 Perez St #2
1709 Perez Condos
$490,000 $448 2 bd / 3 ba 1,093 sqft , 2026-06-03
2505 E 11th St #2
2505 E 11th Street Condos
$485,000 $541 2 bd / 3 ba 896 sqft , 2026-07-30
1176 Graham St
Keystone Add
$495,000 $625 2 bd / 1 ba 792 sqft , 2026-03-30
1166 Ridgeway Dr
Homewood Heights
$495,000 $396 4 bd / 2 ba 1,250 sqft , 2026-08-19
2103 E 12th St
Foster
$499,000 $358 4 bd / 3 ba 1,392 sqft , 2025-09-24

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
$2,347/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
$97,800
20% conventional investment loan

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

Estimated Gross Rent+$2,347
Principal + Interest−$2,669
Property Tax (~2.1% TX avg)−$856
Insurance (~0.5%)−$204
Est. Monthly Cash Flow $-1,382

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 19, 2026.

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