Active Listing  ·  145 days on market

2900 Webberville Rd

Austin, TX 78702
$455,000
3 Bed 1 Bath 1,080 sqft $421/sqft Built 1959 0.16 acres Pool Lorraine Heights

Prime corner lot in the highly sought-after Lorraine Heights neighborhood, located in the heart of vibrant East Austin. Currently a 3-bedroom, 1-bath home, this property is full of potential and ready for your vision. Whether you’re an investor, builder, or buyer looking to renovate or start fresh, the possibilities here are endless. The lot offers exceptional redevelopment opportunities, with the potential to accommodate two new builds—making it a rare find in one of Austin’s fastest-growing areas. Use the existing structure as a starting point for a remodel, or take advantage of the lot’s full potential with a new construction project. Enjoy unbeatable proximity to Boggy Creek Trail, Lady Bird Lake, and a wide array of popular dining, entertainment, and cultural hotspots. Conveniently located just minutes from downtown Austin, the University of Texas, and the airport, this property provides outstanding access and connectivity. Plus, it’s just steps from Austin Community College East Campus. Opportunities like this don’t come around often—secure your place in one of East Austin’s most dynamic neighborhoods and bring your vision to life. Schedule your showing today!

At $421/sqft, this home is priced 7% 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

2900 Webberville Rd, Austin, TX 78702

Property Details

Price $455,000
Status Active Listing
Beds 3
Full Baths 1
Half Baths ,
Living Area 1,080 sqft
Lot Size 0.16 acres (7,017.52 sqft)
Year Built 1959
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Lorraine Heights
County Travis
Zip Code 78702
$/sqft $421/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $7,959.5
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT222800482
List Date March 31, 2026
Elementary School Oak Springs
Middle School Kealing
High School Eastside Early College
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
2308 Santa Rita St
Buena Vista
$450,000 $510 2 bd / 2 ba 882 sqft , 2026-01-14
2103 E 14th St #B
N/a
$450,000 $529 2 bd / 1 ba 850 sqft , 2026-05-11
3101 Govalle Ave #209
Govalle
$450,000 $401 2 bd / 2 ba 1,123 sqft , 2026-06-07
1113 Lawson Ln
Rosewood Village
$460,000 $452 3 bd / 2 ba 1,018 sqft , 2026-06-21
1300 Walnut Ave #B
WALNUT CONDOMINIUMS
$449,000 $507 2 bd / 3 ba 886 sqft , 2026-06-19

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
$2,184/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
$91,000
20% conventional investment loan

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

Estimated Gross Rent+$2,184
Principal + Interest−$2,483
Property Tax (~2.1% TX avg)−$796
Insurance (~0.5%)−$190
Est. Monthly Cash Flow $-1,285

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 July 17, 2026.

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