About This Home

This mid-century home has received practical maintenance and various cosmetic touch-ups, including replaced roof shingles, exterior doors, quartz kitchen countertops with an under-mount sink, a stainless-look gas range, some new kitchen cabinetry, and flooring in the kitchen/dining area. The property also features some plumbing fixtures, new blinds, some updated electrical plugs, some new light switches, new light fixtures, and a ceiling fan. The mechanical systems include a recently serviced HVAC system and a new mini-split unit, all situated on a lot with an expansive backyard.

At $366/sqft, this home is 7% below the Austin active market average of $392/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

1418 Larkwood Dr, Austin, TX 78723

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Property Details

Price $469,000

Status Active Listing

Beds 3

Full Baths 1

Half Baths ,

Living Area 1,282 sqft

Lot Size 0.20 acres (8,494.2 sqft)

Year Built 1954

Garage ,

Stories ,

Type Residential · Single Family Residence

Subdivision Delwood 04 Sec B

County Travis

Zip Code 78723

$/sqft $366/sqft

Days on Market ,

HOA None / verify with agent

Annual Tax Est. $8,702.53

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT245191577

List Date August 31, 2026

Elementary School Blanton

Middle School Lamar (Austin ISD)

High School Northeast Early College

School District ,

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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 · August 31, 2026 $469,000

Previous ask $489,000

Current ask $469,000

▲ Increased , (+0.0%) 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

6207 Hickman Ave
Windsor Park - Roberts Terrace $470,000 $402 4 bd / 2 ba 1,170 sqft , 2026-09-24

5215 Overbrook Dr
Manor Hills $475,000 $321 4 bd / 2 ba 1,480 sqft , 2026-02-01

1400 Westmoor Dr
Windsor Park $475,000 $457 3 bd / 2 ba 1,040 sqft , 2026-09-19

1102 Clayton Ln
Claircrest Add Sec 01 $487,000 $487 3 bd / 2 ba 999 sqft , 2026-06-24

6409 Berkman Dr #6
Skyline on Berkman $444,900 $309 3 bd / 3 ba 1,441 sqft , 2026-06-25

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

$2,251/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

$93,800

20% conventional investment loan

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

Estimated Gross Rent+$2,251

Principal + Interest−$2,560

Property Tax (~2.1% TX avg)−$821

Insurance (~0.5%)−$195

Est. Monthly Cash Flow $-1,325

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

About the Author

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 September 19, 2026.

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

1418 Larkwood Dr