Active Listing  ·  113 days on market

312 Blackson Ave

Austin, TX 78752
$308,900
3 Bed 2 Bath 1,248 sqft $248/sqft Built 1955 0.17 acres Pool St Johns Home Add

**Recently renovated 1955 Bungalow in the heart of Austin, Texas** Two bedroom/one bath with a 1 bedroom/one bathroom ADU in the back of the property. Room for at least 5 cars to park in and around the home.

It has mid-century architecture giving off a very cool vibe on the interior and exterior of the property. The neighborhood of St. Johns is a transit-accessible, mixed-residential area just north of downtown Austin, with quick access to North Lamar Blvd. and I-35.

The roof was replaced recently along with a new central HVAC system in the main house.

With the ADU in back, you could live in the main house and rent out the guest house, making for a quick income producing property.

At $248/sqft, this home is 37% below the Austin active market average of $392/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

312 Blackson Ave, Austin, TX 78752

Property Details

Price $308,900
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,248 sqft
Lot Size 0.17 acres (7,409.56 sqft)
Year Built 1955
Garage ,
Stories ,
Type Residential · See Remarks
Subdivision St Johns Home Add
County Travis
Zip Code 78752
$/sqft $248/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $4,562.14
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT232266111
List Date June 2, 2026
Elementary School Brown
Middle School Webb
High School Navarro 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.

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 · June 2, 2026 $329,000
Current ask $308,900
Reduced $20,100 (-6.1%) 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
935 La Posada Dr #145
Flats/935 Condos Bldg 4
$300,000 $291 3 bd / 2 ba 1,030 sqft , 2026-02-03
206 E Wonsley Dr #2
St Anthony Village
$300,000 $279 2 bd / 2 ba 1,074 sqft , 2026-03-20
935 La Posada Dr #212
La Costa
$299,900 $286 2 bd / 2 ba 1,050 sqft , 2024-02-09
503 Swanee Dr #19
Crestview Amd
$299,500 $195 2 bd / 3 ba 1,538 sqft , 2026-08-30
6324 N Lamar Blvd #419
Ellis Highline
$319,000 $332 2 bd / 2 ba 962 sqft , 2026-05-30

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
$1,483/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
$61,780
20% conventional investment loan

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

Estimated Gross Rent+$1,483
Principal + Interest−$1,686
Property Tax (~2.1% TX avg)−$541
Insurance (~0.5%)−$129
Est. Monthly Cash Flow $-873

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 10, 2026.

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