Active Listing  ·  134 days on market

2103 Fordham Cv

Austin, TX 78723
$490,000
4 Bed 2 Bath 1,503 sqft $326/sqft Built 1960 0.28 acres Pool University Hills Sec 01

Beautiful single-story home in the heart of East Austin, offering 1,503 sq ft of flexible and thoughtfully designed living space. This 3-bedroom, 2-bath home includes a private primary suite, a shared secondary bath, and a versatile bonus room with a closet ideal as a fourth bedroom, home office, or flex space to suit your lifestyle. Extensively updated from top to bottom, the home features a new roof, updated plumbing, windows, cabinetry, quartz countertops, modern fixtures, stylish flooring, and contemporary lighting providing a true move-in-ready experience with long-term peace of mind. The open-concept layout offers multiple living and dining areas, creating an inviting space for both everyday living and entertaining. Situated on an oversized 0.28-acre lot at the end of a quiet cul-de-sac, the property provides added privacy and a spacious, fully fenced backyard. The outdoor patio is perfect for dining, relaxing, or hosting gatherings. Located in the established University Hills/Windsor Park area, known for its mature trees and classic charm, this home offers convenient access to Downtown Austin, I-35, Hwy 290, and Mueller. Enjoy nearby parks, local dining, coffee shops, and entertainment just minutes away. A rare opportunity to own a fully updated home on a large lot in one of East Austin’s most desirable and rapidly growing neighborhoods.

At $326/sqft, this home is 17% 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

2103 Fordham Cv, Austin, TX 78723

Property Details

Price $490,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths ,
Living Area 1,503 sqft
Lot Size 0.28 acres (12,375.4 sqft)
Year Built 1960
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision University Hills Sec 01
County Travis
Zip Code 78723
$/sqft $326/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $6,487.36
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT225796631
List Date April 10, 2026
Elementary School Andrews
Middle School Webb
High School Lyndon B Johnson (Austin ISD)
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 · April 10, 2026 $575,000
Previous ask $499,000
Current ask $490,000
Reduced $85,000 (-14.8%) 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
1102 Clayton Ln
Claircrest Add Sec 01
$487,000 $487 3 bd / 2 ba 999 sqft , 2026-06-24
6713 Haney Dr
University Hills Sec 01
$495,000 $399 3 bd / 2 ba 1,242 sqft , 2026-08-05
7402 Bucknell Dr
University Hills Sec 04 Ph 03
$499,500 $301 4 bd / 2 ba 1,660 sqft , 2026-02-27
1405 Briarcliff Blvd
Gaston Park
$499,999 $347 3 bd / 2 ba 1,440 sqft , 2026-08-02
6207 Hickman Ave
Windsor Park - Roberts Terrace
$480,000 $410 4 bd / 2 ba 1,170 sqft , 2026-04-30

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
$98,000
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)−$858
Insurance (~0.5%)−$204
Est. Monthly Cash Flow $-1,384

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 21, 2026.

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