Active Listing  ·  55 days on market

1610 Willow St

Austin, TX 78702
$875,000
4 Bed 3 Bath 1,175 sqft $745/sqft Built 1960 0.16 acres 2-Car Garage Pool Riverside

Exceptional opportunity in the heart of East Austin! Situated on a generous 0.1576-acre lot just minutes from Downtown Austin, this unique property features two separate residences, offering incredible flexibility for investors, owner-occupants, or future development opportunities. The front home, built in 1960, offers 2 bedrooms, 1 bathroom, and 676 square feet of living space. Tucked behind the main house is a two-story residence built in 2010 featuring 2 bedrooms, 1.5 bathrooms, and a functional floor plan with both bedrooms located upstairs. The property is currently utilized as an income-producing investment, with the potential to continue renting both homes for strong cash flow. The large lot and prime location create exciting redevelopment possibilities, including the option to remove the front home and build new while maintaining the existing rear residence. Located in one of Austin's most sought-after neighborhoods, you'll enjoy easy access to everything that makes East Austin special. Walk or bike to Downtown Austin, explore the vibrant restaurant and nightlife scene along East Cesar Chavez and East 6th Street, or spend your evenings enjoying the scenic trails and waterfront views at Lady Bird Lake. Local favorites, coffee shops, live music venues, parks, and entertainment are all just moments away. Whether you're seeking an investment property, a multi-generational living arrangement, or a future development opportunity, 1610 Willow Street offers endless possibilities in an unbeatable Austin location.

At $745/sqft, this home is priced 91% 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

1610 Willow St, Austin, TX 78702

Property Details

Price $875,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths 1
Living Area 1,175 sqft
Lot Size 0.16 acres (6,865.06 sqft)
Year Built 1960
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Riverside
County Travis
Zip Code 78702
$/sqft $745/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $11,707
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT235574924
List Date June 10, 2026
Elementary School Sanchez
Middle School Kealing
High School Eastside Early College
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
1801 Travis Heights Blvd
Travis Heights
$875,000 $827 3 bd / 1 ba 1,058 sqft , 2026-01-09
302 Ben Howell Dr
Live Oak Grove Addn
$875,000 $662 3 bd / 2 ba 1,322 sqft , 2026-06-23
1131 Poquito St #A
11315 Poquito Condo Ame
$899,000 $578 3 bd / 3 ba 1,556 sqft , 2026-04-24
2214 Garden St #1
2214 Garden Street Condo
$899,000 $725 3 bd / 3 ba 1,240 sqft , 2026-07-09
3309 Larry Ln #2
Cherrywood
$899,990 $568 3 bd / 3 ba 1,584 sqft , 2026-07-23

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
$4,200/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
$175,000
20% conventional investment loan

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

Estimated Gross Rent+$4,200
Principal + Interest−$4,775
Property Tax (~2.1% TX avg)−$1,531
Insurance (~0.5%)−$365
Est. Monthly Cash Flow $-2,471

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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