Active Listing  ·  106 days on market

2312 MARCUS ABRAMS Blvd

Austin, TX 78748
$440,000
4 Bed 3 Bath 2,377 sqft $185/sqft Built 2005 0.14 acres 2-Car Garage Pool Olympic Heights Sec 02

Beautifully updated home in Olympic Heights, offering space, updates, and a prime South Austin location. This move-in-ready home features 4 bedrooms, 2.5 bathrooms, and 2,377 square feet, including a large, heated-and-cooled enclosed addition that adds incredible flexibility for entertaining, relaxing, or everyday living. Inside, you’ll find fresh paint throughout, updated LVP flooring, and new carpet. The living room is filled with natural light and showcases soaring two-story ceilings, creating an open and inviting feel. The kitchen has been thoughtfully updated with ceiling-height cabinetry, granite countertops, and stainless steel appliances. The primary suite on the main floor features a walk-in shower with dual showerheads, bench seating, a spacious walk-in closet, and updated finishes. While upstairs offers three generously sized bedrooms and an updated secondary bathroom. Step out back to the enclosed addition — a standout space complete with a hot tub and sink, perfect for year-round enjoyment. Located in the desirable Olympic Heights community, residents enjoy access to a neighborhood pool and park, with close proximity to HEB, shopping, restaurants, and major highways for easy commuting. A beautifully updated home with space to live, entertain, and enjoy — ready for its next owner. HVAC and water heater less than 5 years old.

At $185/sqft, this home is 53% 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

2312 MARCUS ABRAMS Blvd, Austin, TX 78748

Property Details

Price $440,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths 1
Living Area 2,377 sqft
Lot Size 0.14 acres (6,229.08 sqft)
Year Built 2005
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Olympic Heights Sec 02
County Travis
Zip Code 78748
$/sqft $185/sqft
Days on Market ,
HOA $44/Monthly
Annual Tax Est. $8,097
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT223513724
List Date April 20, 2026
Elementary School Baranoff
Middle School Bailey
High School Akins
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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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
3929 Katzman Dr
Willow Run Sec 01
$440,000 $163 3 bd / 3 ba 2,699 sqft , 2025-09-13
107 Cartwheel Bnd #49
Rough Hollow
$440,000 $237 3 bd / 3 ba 1,858 sqft , 2026-03-03
5307 Ledesma Rd
Casa Avila
$440,000 $256 4 bd / 2 ba 1,721 sqft , 2025-10-17
11112 Chatam Berry Ln
Hillcrest Phs 2
$440,000 $152 4 bd / 3 ba 2,901 sqft , 2026-02-05
805 Angleton Cv
Texas Oaks 05
$440,000 $278 3 bd / 2 ba 1,580 sqft , 2026-05-27

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
$2,112/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
$88,000
20% conventional investment loan

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

Estimated Gross Rent+$2,112
Principal + Interest−$2,401
Property Tax (~2.1% TX avg)−$770
Insurance (~0.5%)−$183
Est. Monthly Cash Flow $-1,242

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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