About This Home

Charming 1950's bungalow in Tarrytown. This 3 bedroom, 2 bathroom home is filled with natural light and offers an open, functional floorplan. The dining area has large picture windows looking out to the front covered porch and flows seamlessly to the living room with built-in shelves and a gas fireplace.

The updated kitchen features a large center island with seating, a wine refrigerator, double ovens, ample storage and a nook with built-in bench seating. The turfed back yard has a large deck and room to play. Enjoy this centrally located home - blocks to Tarrytown 'Triangle' Park and Littlefield's.

*square footage per CubiCasa

At $785/sqft, this home is priced 101% 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

2005 Bowman Ave, Austin, TX 78703

Open in Google Maps ↗ Get Directions ↗

Property Details

Price $1,585,000

Status Active Listing

Beds 3

Full Baths 2

Half Baths ,

Living Area 2,019 sqft

Lot Size 0.22 acres (9,452.52 sqft)

Year Built 1950

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Tarry Town 06

County Travis

Zip Code 78703

$/sqft $785/sqft

Days on Market ,

HOA None / verify with agent

Annual Tax Est. $21,948.55

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT230662099

List Date May 19, 2026

Elementary School Casis

Middle School O Henry

High School Austin

School District ,

Have Questions About This Property?

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

2305 Southern Oaks Dr
Fairmont Park Sec 01 $1,589,000 $607 4 bd / 4 ba 2,616 sqft , 2026-05-01

900 S 2nd St #30
Bouldin Court Condos $1,590,000 $601 3 bd / 3 ba 2,644 sqft , 2026-07-11

360 Nueces St #3702
Residential Condo Amd 360 $1,595,000 $775 4 bd / 3 ba 2,057 sqft , 2026-06-12

2106 Eva St
Richardsons $1,574,999 $743 3 bd / 2 ba 2,120 sqft , 2026-01-26

70 Rainey St #1306
70 Rainey Condominiums $1,599,000 $917 3 bd / 3 ba 1,743 sqft , 2026-01-07

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

$7,608/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

$317,000

20% conventional investment loan

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

Estimated Gross Rent+$7,608

Principal + Interest−$8,650

Property Tax (~2.1% TX avg)−$2,774

Insurance (~0.5%)−$660

Est. Monthly Cash Flow $-4,476

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

2005 Bowman Ave

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Austin, TX

More Luxury Homes in Austin

Explore Austin Real Estate