Active Listing  ·  14 days on market

1406 Camelot Cir #1

Austin, TX 78745
$449,000
3 Bed 2 Bath 1,106 sqft $406/sqft Built 1963 0.12 acres Pool Greenwood Forest Sec 02

Welcome home to this charming, fully renovated one-story gem at 1406 Camelot Cir #1, tucked away on a quiet cul-de-sac in one of South Austin’s most desirable neighborhoods (78745). Completely updated in 2022 with thoughtful modern finishes while highlighting its fresh appeal, this light-filled 3-bedroom, 2-bath home offers an open, inviting layout that feels warm and effortless from the moment you step inside. The heart of the home is a the kitchen featuring high-end updates that seamlessly flow into the spacious living and dining areas—ideal for casual family dinners, entertaining friends, or relaxed evenings at home. Natural light pours in throughout, highlighting the fresh, contemporary touches and creating a bright, airy atmosphere. The spacious primary suite serves as a peaceful retreat, complete with a beautifully updated en-suite bathroom perfect for unwinding. Two additional bedrooms provide flexibility for guests, a home office, or whatever your lifestyle demands. Step outside to your private backyard, offering plenty of room to grill, garden, entertain, or simply enjoy the peaceful surroundings under mature trees. This prime South Austin location puts you less than 10 minutes from Downtown Austin, South Lamar, South First, Barton Springs, and an abundance of top-rated restaurants, coffee shops, parks, and local favorites. Enjoy city convenience while returning to a serene, established neighborhood feel. Thoughtfully renovated, filled with natural light, and perfectly situated, this home delivers the ideal blend of modern style, comfort, personality, and unbeatable location. Speaking of location! This is a fantastic area for families or rentals servicing ACL, SXSW and F1. The single story home has tons of room and so does the sprawling backyard with room for an additional accessory dwelling. Don’t miss this opportunity to make it yours.

At $406/sqft, this home is priced 4% above the Austin active market average of $391/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

1406 Camelot Cir #1, Austin, TX 78745

Property Details

Price $449,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,106 sqft
Lot Size 0.12 acres (5,227.2 sqft)
Year Built 1963
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Greenwood Forest Sec 02
County Travis
Zip Code 78745
$/sqft $406/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT249511465
List Date October 10, 2026
Elementary School Joslin
Middle School Covington
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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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
1412 Casa Dr
Stassney Lane Condo Amd
$449,000 $349 3 bd / 2 ba 1,285 sqft , 2026-10-01
1101 Kenyon Dr
Southwest Park
$440,000 $382 3 bd / 3 ba 1,152 sqft , 2026-09-24
4025 Valley View Rd #2
Hancock Estates
$439,900 $403 2 bd / 2 ba 1,091 sqft , 2026-03-18
6300 Capriola Dr
Cooper Oaks Sec 01
$435,000 $294 3 bd / 2 ba 1,478 sqft , 2026-06-29
3809 Valley View Rd #19
Valley View Sub
$435,000 $418 2 bd / 2 ba 1,040 sqft , 2026-08-21

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
$2,155/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
$89,800
20% conventional investment loan

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

Estimated Gross Rent+$2,155
Principal + Interest−$2,450
Property Tax (~2.1% TX avg)−$786
Insurance (~0.5%)−$187
Est. Monthly Cash Flow $-1,268

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 11, 2026.

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