Active Listing  ·  66 days on market

202 E Caddo St

Austin, TX 78753
$489,990
3 Bed 2 Bath 2,029 sqft $241/sqft Built 1958 0.41 acres Pool Eubank Acres Sec 02

Take advantage of the exclusive 2/1 RATE BUY-DOWN Special!

Charming Fully Remodeled Bungalow in the Heart of Austin! Minutes from The Domain and Q2 Stadium.

Welcome to 202 E Caddo St, Austin, TX 78753, a beautifully renovated 1958 bungalow that perfectly blends timeless character with modern updates. Situated on a generous 0.410-acre lot, this property offers endless possibilities, with ample room to expand, add an ADU, create an outdoor oasis, or customize the space to suit your lifestyle.

Inside, you’ll find 3 spacious bedrooms, 2 fully updated bathrooms, and a versatile flex room that can serve as a home office, gym, playroom, or guest space. The heart of the home is the stunning remodeled kitchen, featuring modern appliances, stylish finishes, ample cabinetry, and plenty of space for gathering with family and friends.

The inviting living area is highlighted by a cozy fireplace, creating the perfect setting for relaxing evenings. Thoughtfully updated throughout, this home offers the comfort and convenience of modern living while maintaining the charm that makes Austin bungalows so desirable.

Whether you’re looking for your forever home, an investment opportunity, or a property with room to grow, this move-in-ready gem delivers exceptional value in a convenient Austin location close to major employers, dining, shopping, and entertainment. The heart of this home is a culinary dream, along with a convenient breakfast bar. Bedrooms feature hardwood flooring.

The backyard is spacious, with privacy fencing, new wood fencing, and includes a storage shed, offering ample space and privacy. A detached carport and concrete driveway provide convenient, sheltered parking. This residence is nestled in a well-treed neighborhood of Eubank Acres, offering a serene environment while remaining connected to the vibrant Austin lifestyle.

At $241/sqft, this home is 39% below the Austin active market average of $392/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

202 E Caddo St, Austin, TX 78753

Property Details

Price $489,990
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 2,029 sqft
Lot Size 0.41 acres (17,877.02 sqft)
Year Built 1958
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Eubank Acres Sec 02
County Travis
Zip Code 78753
$/sqft $241/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $8,361.11
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT236648348
List Date June 17, 2026
Elementary School Walnut Creek
Middle School Dobie (Austin ISD)
High School Navarro Early College
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.

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Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · June 17, 2026 $545,000
Previous ask $499,990
Current ask $489,990
Reduced $55,010 (-10.1%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

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
605 E Covington Dr
Walnut Forest
$499,990 $280 4 bd / 2 ba 1,784 sqft , 2026-05-19
1408 Doonesbury Dr
Gracywoods Sec 04
$515,000 $228 3 bd / 3 ba 2,263 sqft , 2026-02-18
11709 Sterlinghill Dr
Gracywoods Sec 01
$450,000 $205 4 bd / 3 ba 2,192 sqft , 2026-07-16
102 W Covington Dr
Eubank Acres Sec 02
$430,000 $308 3 bd / 2 ba 1,398 sqft , 2026-01-28
1308 May Dr
Four Seasons Fall Sec
$550,000 $387 3 bd / 2 ba 1,420 sqft , 2026-06-26

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
$2,352/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
$97,998
20% conventional investment loan

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

Estimated Gross Rent+$2,352
Principal + Interest−$2,674
Property Tax (~2.1% TX avg)−$857
Insurance (~0.5%)−$204
Est. Monthly Cash Flow $-1,383

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 August 17, 2026.

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