Active Listing  ·  58 days on market

1900 Jesse Owens Dr

Austin, TX 78748
$409,999
3 Bed 3 Bath 1,860 sqft $220/sqft Built 2003 0.14 acres 2-Car Garage Pool Olympic Heights Sec 02

Charming 3-Bed Home in South Austin! Welcome to 1900 Jesse Owens Dr — a well-maintained 3 bed, 2.5 bath home in the desirable Olympic Heights neighborhood. This two-story home offers dual living spaces, a formal dining area, breakfast nook, spacious pantry, and a covered patio with storage shed. Enjoy access to community amenities including a pool, fitness center, and walking trails. Located in South Austin, you're just minutes from popular spots like

Moontower Saloon, Lustre Pearl South, The Hive, and Armature Works ATX. Food lovers will appreciate nearby favorites such as Valentina’s BBQ, Shore Raw Bar & Grill, and Torchy’s Tacos. Outdoor enthusiasts will love the proximity to Bauerle Ranch Park, Mary Moore Searight Park, and the Violet Crown Trail. This home blends suburban comfort with unbeatable access to dining, nightlife, and nature—perfect for anyone looking to experience the best of Austin living.

At $220/sqft, this home is 44% below the Austin active market average of $390/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

1900 Jesse Owens Dr, Austin, TX 78748

Property Details

Price $409,999
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,860 sqft
Lot Size 0.14 acres (6,054.84 sqft)
Year Built 2003
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Olympic Heights Sec 02
County Travis
Zip Code 78748
$/sqft $220/sqft
Days on Market ,
HOA $44/Monthly
Annual Tax Est. $8,089.08
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT235788393
List Date June 17, 2026
Elementary School Baranoff
Middle School Bailey
High School Akins
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.

Schedule a Call →

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
11403 Georgia Coleman Bnd
Olympic Heights Sec 03
$409,000 $240 3 bd / 3 ba 1,707 sqft , 2026-08-07
11432 Hillhaven Dr
HILLCREST SEC 3
$415,000 $186 3 bd / 3 ba 2,233 sqft , 2026-06-19
2028 Desco Dr
Hillcrest Sec 01
$399,000 $210 3 bd / 3 ba 1,898 sqft , 2026-08-07
1608 Melibee Trl
Canterbury Trails Sec 04
$395,000 $212 3 bd / 3 ba 1,860 sqft , 2026-07-22
12301 Canera Ct
Gabardine Condo
$425,000 $205 4 bd / 3 ba 2,077 sqft , 2026-07-16

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
$1,968/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
$82,000
20% conventional investment loan

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

Estimated Gross Rent+$1,968
Principal + Interest−$2,238
Property Tax (~2.1% TX avg)−$717
Insurance (~0.5%)−$171
Est. Monthly Cash Flow $-1,158

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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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 July 24, 2026.

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