Active Listing  ·  64 days on market

2505 Riddle Rd

Austin, TX 78748
$425,000
2 Bed 1 Bath 912 sqft $466/sqft Built 1969 0.37 acres Pool Ford Oaks Annex

Charming and cozy 2-bedroom, 1-bath home surrounded by trees, space, stars, and quiet surroundings, with a spacious yard that offers country-style living while still being conveniently close to the city. Inside, the home features hardwood flooring and an open living/dining layout that feels warm, comfortable, and functional for everyday living. One of the standout features of this property is the peaceful setting in a tucked-away community, while still being just minutes from daily conveniences. Located within walking distance to coffee shops, dining, shopping, and the lively Manchaca Entertainment District, with quick access to Interstate 35 and MoPac Expressway, commuting anywhere in Austin is simple and convenient. Homes with this much yard space, privacy, charm, and location rarely come available for lease. 2505 Riddle Rd is a unique opportunity to enjoy the best of both worlds.

At $466/sqft, this home is priced 19% 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

2505 Riddle Rd, Austin, TX 78748

Property Details

Price $425,000
Status Active Listing
Beds 2
Full Baths 1
Half Baths ,
Living Area 912 sqft
Lot Size 0.37 acres (16,204.32 sqft)
Year Built 1969
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Ford Oaks Annex
County Travis
Zip Code 78748
$/sqft $466/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $6,358.08
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT240658571
List Date July 21, 2026
Elementary School Kocurek
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
2420 Drew Lane None #5
Drew Lane
$411,900 $351 2 bd / 3 ba 1,173 sqft , 2026-03-06
9616 Holly Springs Dr
Tanglewood Forest Sec 02 Ph D
$390,000 $332 3 bd / 2 ba 1,174 sqft , 2026-06-04
9106 Marsh Dr
Pheasant Run Sec 01
$375,000 $313 3 bd / 2 ba 1,200 sqft , 2026-06-03
2410 Drew Lane Unit #5 None
Drew Lane Condominiums
$343,000 $330 2 bd / 3 ba 1,039 sqft , 2026-08-04

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
$2,040/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
$85,000
20% conventional investment loan

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

Estimated Gross Rent+$2,040
Principal + Interest−$2,319
Property Tax (~2.1% TX avg)−$744
Insurance (~0.5%)−$177
Est. Monthly Cash Flow $-1,200

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 4, 2026.

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