About This Home

A cute home built in 1930's that has unique features with many windows and a great curve appeal that has a porch. It could be a nice home but needs extensive repairs. In a great location within distance to Lady Bird Lake and Downtown. Property has street and alley access. Property has code violations that owner is working on.

At $438/sqft, this home is priced 12% above the Austin active market average of $390/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

2409 Willow St, Austin, TX 78702

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Property Details

Price $590,000

Status Active Listing

Beds 3

Full Baths 2

Half Baths ,

Living Area 1,348 sqft

Lot Size 0.15 acres (6,346.69 sqft)

Year Built 1937

Garage ,

Stories ,

Type Residential · Single Family Residence

Subdivision Division O

County Travis

Zip Code 78702

$/sqft $438/sqft

Days on Market ,

HOA None / verify with agent

Annual Tax Est. $12,775.35

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT249578879

List Date October 11, 2026

Elementary School Metz

Middle School Martin

High School Eastside Early College

School District Austin ISD

School District

Austin ISD

Metz · Martin · Eastside Early College

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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

2008 Riverview St #B
Riverview Condo 2008 $614,990 $587 2 bd / 2 ba 1,047 sqft , 2026-09-02

2905 E 5th St #A
2905 East 5th Condos $620,000 $373 3 bd / 3 ba 1,664 sqft , 2026-06-19

3112 Prado St #2
Chernosky 12 $624,900 $446 3 bd / 3 ba 1,400 sqft , 2026-10-28

1002 Walter St
Rosewood Village Sec 8 $625,000 $537 3 bd / 2 ba 1,164 sqft , 2025-08-18

1908 Holly St
Driving Park Add $625,000 $408 2 bd / 2 ba 1,531 sqft , 2026-06-27

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

$2,832/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

$118,000

20% conventional investment loan

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

Estimated Gross Rent+$2,832

Principal + Interest−$3,220

Property Tax (assumed ~2.1%)−$1,033

Insurance (assumed ~0.5%)−$246

Est. Monthly Cash Flow $-1,667

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

About the Author

Luke Allen

Licensed Austin TX Realtor · TREC #788149 · Full-time since 2019

★★★★★ 5.0 on Google · 41 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. The written content was last updated on October 13, 2026.

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

2409 Willow St

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Austin, TX

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