About This Home

Move-in ready and beautifully remodeled, this single-story 4-bedroom, 2-bath home sits in the heart of popular Riverside Meadows, just minutes from downtown Austin and with easy access to the airport, right off the Riverside corridor. Whether you're a first-time homebuyer or an investor looking to add to your portfolio, this home checks every box. With four spacious bedrooms and two full baths, this single-story layout offers comfortable living for owner-occupants and strong rental appeal for investors alike. Don't miss your chance to own a turnkey home in one of Riverside's most convenient, well-located neighborhoods.

At $234/sqft, this home is 40% 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

1429 Poppy Seed Ln, Austin, TX 78741

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Property Details

Price $360,000

Status Active Listing

Beds 4

Full Baths 2

Half Baths ,

Living Area 1,540 sqft

Lot Size 0.11 acres (4,948.42 sqft)

Year Built 2006

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Riverside Meadows Sec 01

County Travis

Zip Code 78741

$/sqft $234/sqft

Days on Market ,

HOA $300/Annually

Annual Tax Est. $7,860.18

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT244219195

List Date August 25, 2026

Elementary School Smith

Middle School Ojeda

High School Del Valle

School District ,

Have Questions About This Property?

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

1404 Anise Dr
Riverside Meadows Sec 01 $350,000 $211 3 bd / 3 ba 1,659 sqft , 2026-08-12

6706 Cruz St
Chernosky 17 $349,000 $218 3 bd / 2 ba 1,600 sqft , 2026-09-22

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

6711 Cruz St
Chernosky 17 $375,000 $311 3 bd / 3 ba 1,204 sqft , 2026-08-30

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

$1,728/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

$72,000

20% conventional investment loan

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

Estimated Gross Rent+$1,728

Principal + Interest−$1,965

Property Tax (~2.1% TX avg)−$630

Insurance (~0.5%)−$150

Est. Monthly Cash Flow $-1,017

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 26, 2026.

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

1429 Poppy Seed Ln

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Austin, TX

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