About This Home

New A/C installed in August. Steps from the City of Austin's College Row Pocket Park in the heart of 78702, just one mile from downtown Austin. This fully furnished 1939 bungalow is ready for short-term, mid-term, or long-term rental from day one. Small Lot Amnesty eligible — neighboring new construction has built 2,400 sq ft homes with downtown skyline views on comparable lots. Walkable to East Austin's best bars, restaurants, and coffee shops with the live music, culture, and energy the neighborhood is known for. Bike to downtown, UT, and Lady Bird Lake. Live in it, rent it, or redevelop it.

At $805/sqft, this home is priced 105% above the Austin active market average of $392/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

1909 College Row, Austin, TX 78702

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Property Details

Price $425,000

Status Active Listing

Beds 1

Full Baths 1

Half Baths ,

Living Area 528 sqft

Lot Size 0.10 acres (4,138.2 sqft)

Year Built 1939

Garage ,

Stories ,

Type Residential · Single Family Residence

Subdivision Grandview Place

County Travis

Zip Code 78702

$/sqft $805/sqft

Days on Market ,

HOA None / verify with agent

Annual Tax Est. $3,966.95

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT222088063

List Date March 20, 2026

Elementary School Blackshear

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

67 Anthony St
Driving Park Add $435,000 $906 2 bd / 1 ba 480 sqft , 2026-06-08

1007 Prospect Ave
Grandview Place $449,000 $640 2 bd / 1 ba 702 sqft , 2026-09-03

2907 E 5th St
Hartwell Add $399,000 $612 2 bd / 1 ba 652 sqft , 2026-07-02

1904 E 16th St #2
1904 E 16th st Condominiums $475,000 $1,316 1 bd / 1 ba 361 sqft , 2026-05-15

2519 E 4th St #2
M. E. CHERNOSKY SUBD $359,000 $748 1 bd / 1 ba 480 sqft , 2026-06-23

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

$2,040/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

$85,000

20% conventional investment loan

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

Estimated Gross Rent+$2,040

Principal + Interest−$2,319

Property Tax (~2.1% TX avg)−$744

Insurance (~0.5%)−$177

Est. Monthly Cash Flow $-1,200

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 21, 2026.

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

1909 College Row

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Austin, TX

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