About This Home

Riverside Meadows community is minutes from downtown, the airport and F1 Circuit of the Americas. Excellent 4 bedroom 3 full bathroom floor plan features two living spaces, updated kitchen and guest room with adjacent bathroom downstairs. Spacious primary bedroom with large walk-in closet. Updated bathrooms and separate laundry room. Lots of natural light. Refrigerator, washer and dryer will convey.

At $191/sqft, this home is 51% 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

1428 Poppy Seed Ln, Austin, TX 78741

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Property Details

Price $399,000

Status Active Listing

Beds 4

Full Baths 3

Half Baths ,

Living Area 2,088 sqft

Lot Size 0.10 acres (4,399.56 sqft)

Year Built 2005

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Riverside Meadows Sec 01

County Travis

Zip Code 78741

$/sqft $191/sqft

Days on Market ,

HOA $21.85/Monthly

Annual Tax Est. $8,478.84

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT236804881

List Date June 19, 2026

Elementary School Hillcrest

Middle School Dailey

High School Del Valle

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 · June 19, 2026 $415,000

Current ask $399,000

▼ Reduced $16,000 (-3.9%) 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

7209 Bassett Ct
The Eastwood at Riverside $385,000 $172 3 bd / 4 ba 2,236 sqft , 2026-05-20

2308 Montague St
Eastwood At Riverside $374,900 $198 3 bd / 3 ba 1,898 sqft , 2026-03-05

1212 Lily Ter #1
Country Club Gardens $374,900 $236 3 bd / 3 ba 1,591 sqft , 2026-07-29

7625 Cayenne Ln
Riverside Meadows Sec 02 $425,000 $204 4 bd / 3 ba 2,088 sqft , 2026-04-13

6203 Langham St #1
ANGELL C L SUBD $427,500 $261 3 bd / 4 ba 1,640 sqft , 2026-03-04

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

$1,915/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

$79,800

20% conventional investment loan

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

Estimated Gross Rent+$1,915

Principal + Interest−$2,178

Property Tax (~2.1% TX avg)−$698

Insurance (~0.5%)−$166

Est. Monthly Cash Flow $-1,127

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 August 12, 2026.

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

1428 Poppy Seed Ln