About This Home

Adorable Updated East Austin Cottage in coveted Holly Street Area. Just a block to numerous restaurants and cafes, and a few blocks to Lady Bird Lake Hike and Bike Trail among many other attractions. Incredibly convenient location! Also sits on a very large .16 acre lot that backs to an alley, giving it the potential for building a unit on the alley, or an ADU in the yard. Home has been lovingly updated. Wake up to sip your coffee on the covered porch as you watch the neighbors go by or invite your friends over to sit around the fire pit after enjoying a few drinks nearby! 1 mile to downtown. Recent Roof Shingles, Sewer Line, Exterior and Interior Paint.

At $749/sqft, this home is priced 91% above the Austin active market average of $393/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

1702 Willow St, Austin, TX 78702

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Property Details

Price $650,000

Status Active Listing

Beds 2

Full Baths 1

Half Baths ,

Living Area 868 sqft

Lot Size 0.16 acres (6,987.02 sqft)

Year Built 1922

Garage ,

Stories ,

Type Residential · Single Family Residence

Subdivision Riverside

County Travis

Zip Code 78702

$/sqft $749/sqft

Days on Market ,

HOA None / verify with agent

Annual Tax Est. $11,338

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT245553416

List Date September 2, 2026

Elementary School Sanchez

Middle School Kealing

High School Eastside Early College

School District ,

Have Questions About This Property?

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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

1002 Walter St
Rosewood Village Sec 8 $650,000 $558 3 bd / 2 ba 1,164 sqft , 2025-08-18

48 East Ave #2004
Natiivo $650,000 $728 1 bd / 1 ba 893 sqft , 2025-10-03

1604 Haskell St #2
Tobin Resub Riverside $650,000 $604 2 bd / 2 ba 1,077 sqft , 2026-05-26

1708 Canterbury St #2
Riverside $649,999 $591 2 bd / 7 ba 1,100 sqft , 2026-09-22

2008 Riverview St #B
Riverview Condo 2008 $642,000 $613 2 bd / 2 ba 1,047 sqft , 2026-09-02

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

$3,120/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

$130,000

20% conventional investment loan

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

Estimated Gross Rent+$3,120

Principal + Interest−$3,547

Property Tax (~2.1% TX avg)−$1,138

Insurance (~0.5%)−$271

Est. Monthly Cash Flow $-1,836

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 →

1702 Willow St

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Austin, TX

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