Active Listing  ·  116 days on market

2412 E Stassney Ln

Austin, TX 78744
$255,000
3 Bed 2 Bath 1,022 sqft $250/sqft Built 1978 0.22 acres 2-Car Garage Pool Peppertree Park Sec 03

This charming, well-maintained one-story home offers 3 bedrooms and 2 bathrooms with a comfortable, easy-living layout. Perfect for first-time buyers, downsizers, or investors, the home blends classic character with thoughtful updates. The kitchen is equipped with gas cooking and features all new appliances installed in January 2025, providing both style and functionality for everyday use.

Natural light fills the living spaces, creating a warm and inviting atmosphere throughout. The bedrooms are nicely sized and versatile, while the single-story design offers convenience and accessibility.

Outside is an oversized yard shaded by mature trees, offering endless possibilities for outdoor living, gardening, pets, or future expansion. Whether you’re enjoying a quiet morning under the trees or hosting friends and family, the backyard provides a peaceful and private setting.

With its combination of charm, recent updates, and a spacious lot, this home is a standout opportunity. Conveniently located near local amenities, dining, and shopping, it offers both comfort and accessibility in one appealing package.

At $250/sqft, this home is 36% 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

2412 E Stassney Ln, Austin, TX 78744

Property Details

Price $255,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,022 sqft
Lot Size 0.22 acres (9,726.95 sqft)
Year Built 1978
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Peppertree Park Sec 03
County Travis
Zip Code 78744
$/sqft $250/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $5,943.36
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT225719167
List Date April 10, 2026
Elementary School Houston
Middle School Mendez
High School Travis
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 →

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 $290,000
Current ask $255,000
Reduced $35,000 (-12.1%) 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
708 Graham Pl #101
Graham Place Condo Amd
$255,000 $348 2 bd / 1 ba 732 sqft , 2026-03-16
1310 Parmer Ln #1902
SCOFIELD VILLAS CONDOMINIUMS
$254,900 $191 2 bd / 3 ba 1,334 sqft , 2026-06-05
935 La Posada Dr #148
Flats/935 Condos Bldg 4
$256,000 $249 2 bd / 2 ba 1,030 sqft , 2026-01-21
4603 Halliday Ave
Austins Colony Sec 6A
$257,500 $208 4 bd / 2 ba 1,236 sqft , 2026-05-01
1800 Lavaca St #A508
Greenwood Towers Amd
$259,000 $302 2 bd / 1 ba 857 sqft , 2026-04-18

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
$1,224/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
$51,000
20% conventional investment loan

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

Estimated Gross Rent+$1,224
Principal + Interest−$1,392
Property Tax (~2.1% TX avg)−$446
Insurance (~0.5%)−$106
Est. Monthly Cash Flow $-720

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

More Luxury Homes in Austin

Loading…
View All Luxury Homes →