Active Listing  ·  28 days on market

2111 W 10th St

Austin, TX 78703
$985,000
3 Bed 2 Bath 1,400 sqft $704/sqft Built 1954 0.17 acres Pool Marlton Place Sec 02

A prime opportunity awaits at 2111 W 10th St, situated in the renowned Deep Eddy neighborhood of Austin. This property represents a versatile canvas for investors, developers, and end-users looking to capitalize on one of the city's most enduringly popular locations. Whether the goal is to renovate, expand, or build new, this oversized 7,500-square-foot lot provides the space and flexibility to execute a high-value vision.

The existing structure is a 3-bedroom, 2-bathroom home with a proven, strong rental history, making it an ideal candidate for 1031 exchange investors seeking a reliable buy-and-hold strategy while navigating future development plans. To streamline the due diligence process, a new tree survey is available to share with architects for immediate feasibility studies and expansion analysis.

The location offers an unparalleled Austin lifestyle. The property is positioned just blocks from the historic Deep Eddy Pool and Pool Burger, the Butler Hike & Bike Trail at Lady Bird Lake, Lions Municipal Golf Course, and the legendary Deep Eddy Cabaret. Beyond the immediate neighborhood, you are less than a mile from the renowned dining scene in Clarksville and a mere two miles from the Texas State Capitol and the vibrant center of downtown Austin.

Secure a foothold in 78703 and take advantage of the significant upside potential offered by this exceptional Deep Eddy site.

At $704/sqft, this home is priced 80% above the Austin active market average of $392/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

2111 W 10th St, Austin, TX 78703

Property Details

Price $985,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,400 sqft
Lot Size 0.17 acres (7,505.39 sqft)
Year Built 1954
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Marlton Place Sec 02
County Travis
Zip Code 78703
$/sqft $704/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $18,920.11
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT244227833
List Date August 25, 2026
Elementary School Casis
Middle School O Henry
High School Austin
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
2111 W 12TH St
Spear G W
$989,000 $644 3 bd / 2 ba 1,536 sqft , 2026-08-15
901 W 9th St #508
Nokonah
$925,000 $574 2 bd / 3 ba 1,611 sqft , 2026-08-17
300 Bowie St #1403
Spring Condo Amd
$1,045,000 $619 3 bd / 3 ba 1,687 sqft , 2026-05-30
705 Patterson Ave
West End Heights
$899,000 $795 2 bd / 1 ba 1,131 sqft , 2026-09-02
2810 Windsor Rd
Tarry Town 05
$890,000 $860 2 bd / 1 ba 1,035 sqft , 2026-09-11

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
$4,728/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
$197,000
20% conventional investment loan

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

Estimated Gross Rent+$4,728
Principal + Interest−$5,376
Property Tax (~2.1% TX avg)−$1,724
Insurance (~0.5%)−$410
Est. Monthly Cash Flow $-2,782

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 September 19, 2026.

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