Active Listing  ·  14 days on market

200 E Hoopes Ave

Pflugerville, TX 78660
$249,000
3 Bed 1 Bath 952 sqft $262/sqft Built 1976 0.18 acres 2-Car Garage Pool Wrenbar Add

INVESTOR/DEVELOPER OPPORTUNITY! Prime corner-lot location in the heart of Pflugerville, just minutes from downtown. The existing home is a TEAR-DOWN, offering the opportunity to start with a clean slate and create a new vision for this approximately 7,820 sq. ft. corner lot. Potential for redevelopment or new construction, subject to buyer verification of zoning, development requirements, restrictions, utilities and all applicable city requirements.

Enjoy the convenience of being just 3 blocks from Pecan Street, Pflugerville City Hall and the Fire Department, and approximately 3 minutes to H-E-B, with nearby shopping, dining, parks and everyday conveniences. Conveniently located near major employment centers in Pflugerville and the North Austin/Round Rock area.

PLEASE DO NOT ENTER THE HOME. The structure is considered unsafe and too dangerous to enter. Interior access is prohibited due to safety concerns. Property is being sold AS-IS. Buyer to independently verify all information, measurements, zoning, development potential, restrictions and intended use.

At $262/sqft, this home is priced 39% above the Pflugerville active market average of $189/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

200 E Hoopes Ave, Pflugerville, TX 78660

Property Details

Price $249,000
Status Active Listing
Beds 3
Full Baths 1
Half Baths ,
Living Area 952 sqft
Lot Size 0.18 acres (7,819.02 sqft)
Year Built 1976
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Wrenbar Add
County Travis
Zip Code 78660
$/sqft $262/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $5,756.55
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT247494248
List Date September 24, 2026
Elementary School Timmerman
Middle School Pflugerville
High School Pflugerville
School District ,

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

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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
$1,195/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
$49,800
20% conventional investment loan

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

Estimated Gross Rent+$1,195
Principal + Interest−$1,359
Property Tax (~2.1% TX avg)−$436
Insurance (~0.5%)−$104
Est. Monthly Cash Flow $-704

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 Pflugerville, TX

Pflugerville sits within commuting range of Austin's major tech, manufacturing, and corporate campuses. Approximate drive times from this area:

Samsung Austin Semiconductor 10 min W
Tesla Gigafactory 20 min SW
Apple Campus (Domain) 25 min W
Dell Technologies HQ 20 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 September 25, 2026.

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