Active Listing  ·  532 days on market

15 S 19th St

Temple, TX 76504
$159,999
4 Bed 2 Bath 1,200 sqft $133/sqft Built 1995 0.34 acres Pool Freeman Heights

Seize this incredible turnkey investment opportunity in Temple! This well-maintained 4-bedroom property already features a long-term tenant of 8 years paying $985/mo, ensuring immediate and steady rental income that can be increased to market. Ideal for investors looking for passive income without the hassle of finding new occupants. It has a management company. New roof and an oven. Fenced in back yard. Can bundle together with the two properties next door. We are just looking to sell one but if a buyer wanted more than one we would be open to it.

Nestled in a desirable location, this property boasts strong rental appeal, offering comfort, convenience, and reliability. Whether you're expanding your portfolio or stepping into real estate investment, this income-producing gem is ready for you!

At $133/sqft, this home is 21% below the Temple active market average of $169/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

15 S 19th St, Temple, TX 76504

Property Details

Price $159,999
Status Active Listing
Beds 4
Full Baths 2
Half Baths ,
Living Area 1,200 sqft
Lot Size 0.34 acres (15,002.06 sqft)
Year Built 1995
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Freeman Heights
County Bell
Zip Code 76504
$/sqft $133/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $4,686.43
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT195932937
List Date May 8, 2025
Elementary School Western Hills
Middle School Bonham
High School Temple
School District ,

Luke Allen (TREC #788149) has deep knowledge of Temple and surrounding markets. Whether you're buying, selling, or just researching comparable sales, reach out for a no-pressure conversation.

Schedule a Call →

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 · May 8, 2025 $199,000
Previous ask $164,500
Current ask $159,999
▼ Reduced $39,001 (-19.6%) 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 Temple

Comparable Listings Right Now

Homes currently for sale in Temple 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
5 S 19th St
Freeman Heights
$128,900 $140 3 bd / 2 ba 921 sqft , 2025-05-08
9 S 19th St
Freeman Heights
$127,500 $107 3 bd / 2 ba 1,188 sqft , 2025-05-08
1121 S 23rd St
Tal-Coe Place
$199,640 $155 3 bd / 2 ba 1,288 sqft , 2026-09-22
810 N 8th St
Clouds Sub Of Blk 6,7
$120,000 $109 3 bd / 1 ba 1,100 sqft , 2026-10-02

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
$768/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
$32,000
20% conventional investment loan

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

Estimated Gross Rent+$768
Principal + Interest−$873
Property Tax (~2.1% TX avg)−$280
Insurance (~0.5%)−$67
Est. Monthly Cash Flow $-452

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 Temple, TX

Temple 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 16, 2026.

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