Active Listing  ·  18 days on market

2103 Fordham Cv

Austin, TX 78723
$475,000
4 Bed 2 Bath 1,503 sqft $316/sqft Built 1960 0.28 acres Pool University Hills Sec 01

Mid-century ranch tucked onto a quiet University Hills cul-de-sac, with original Austin stone paired with board-and-batten, cedar porch posts and a modern frosted-glass entry. Inside, the open-concept floor plan is finished in wide-plank flooring throughout, complemented by recessed lighting, new fixtures, new doors, hardware, base and trim. The dining area is anchored by a full-height natural wood slat wall and black iron chandelier, with ample natural light pouring through oversized picture windows.

The kitchen features new flat-panel cabinetry paired with quartz countertops and a generous peninsula, a timeless subway tile backsplash, matte black fixtures, glass pendants and oversized pantry storage. A full stainless appliance package conveys: gas range, dishwasher and refrigerator.

The primary bedroom offers a private ensuite with a walk-in marble-look tile shower, pebble stone floor, rainfall head and a navy vanity with arched mirror. Two additional bedrooms feature new ceiling fans, double windows and frosted-glass sliding closet doors. The second full bath offers modern finishes with a soaking tub, matching tile surround, rainfall head and vanity. A flexible fourth bedroom with its own private exterior entrance and adjacent laundry works beautifully as a home office, studio or second living area.

Outside is where 2103 Fordham Cv separates itself: a massive backyard shaded by mature trees, wrapped in roughly 350 feet of new stained privacy fencing with two gates. The 0.28+ acre lot is anchored by a new concrete patio with stepping-stone path. The xeriscaped front is finished in white gravel with steel-edged beds, and a shade sail covers the new concrete drive and side entry.

Major systems are new: new roof (2025), HVAC (2025), water heater (2025) and windows throughout.

Full improvements list and third-party pre-inspection documents available upon request.

At $316/sqft, this home is 19% below the Austin active market average of $391/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 $475,000
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 $316/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $6,487.36
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT248879752
List Date October 5, 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.

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
6912 Langston Dr
Riverbend Sec 1 At University Hills
$475,000 $243 3 bd / 3 ba 1,952 sqft , 2026-07-31
6207 Hickman Ave
Windsor Park - Roberts Terrace
$470,000 $402 4 bd / 2 ba 1,170 sqft , 2026-09-24
1418 Larkwood Dr
Delwood 04 Sec B
$469,000 $366 3 bd / 1 ba 1,282 sqft , 2026-08-31
1602 Ashberry Dr
Colonial Hills Sec 02
$485,000 $378 3 bd / 2 ba 1,283 sqft , 2026-08-14
1102 Clayton Ln
Claircrest Add Sec 01
$487,000 $487 3 bd / 2 ba 999 sqft , 2026-06-24

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
$2,280/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
$95,000
20% conventional investment loan

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

Estimated Gross Rent+$2,280
Principal + Interest−$2,592
Property Tax (~2.1% TX avg)−$831
Insurance (~0.5%)−$198
Est. Monthly Cash Flow $-1,341

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 October 23, 2026.

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