Active Listing  ·  82 days on market

3203 E 18th St

Austin, TX 78721
$525,000
3 Bed 2 Bath 1,950 sqft $269/sqft Built 1930 0.13 acres Pool McKinley Heights 03

*Ask about the 5.75% interest rate incentive with an acceptable offer!* A rare 1930 craftsman bungalow in the heart one of East Austin's most established neighborhoods. The open floor plan feels anything but century-old: refinished hardwood floors flow throughout, and the kitchen is a true entertainer's centerpiece with granite countertops, gas cooktop, double wall ovens, stainless steel appliances, beverage fridge, and a peninsula with bar seating that opens directly to the living and dining areas. The primary suite features hardwood floors, a walk-in closet, soaking tub, and double-vanity ensuite. Two additional bedrooms are generously sized, and a second full bath with double vanity serves them both. Out back, a private yard is ready for al fresco dining and weekend gatherings. . Minutes from Mueller District, the East Austin restaurant and bar corridor, and local coffee shops, with UT Austin and Downtown both accessible in under 15 minutes. The roof was replaced in 2023.

At $269/sqft, this home is 31% 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

3203 E 18th St, Austin, TX 78721

Property Details

Price $525,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,950 sqft
Lot Size 0.13 acres (5,749.92 sqft)
Year Built 1930
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision McKinley Heights 03
County Travis
Zip Code 78721
$/sqft $269/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $9,614.06
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT220807072
List Date May 14, 2026
Elementary School Norman-Sims
Middle School Kealing
High School Northeast 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 →

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
2408 Chambray Ct #38
Gabardine Condominiums
$525,000 $205 4 bd / 3 ba 2,556 sqft , 2026-03-20
6205 Hylawn Dr
Cherrylawn Sec 5
$525,000 $265 4 bd / 3 ba 1,984 sqft , 2026-03-24
604 Springdale Rd
Pipkin Add 02
$525,000 $410 3 bd / 2 ba 1,282 sqft , 2026-04-07
8208 Stillwood Ln
Northtowne Sec 01
$525,000 $383 3 bd / 2 ba 1,372 sqft , 2026-02-28
12710 Poquoson Dr
Northwood 03
$525,000 $318 3 bd / 2 ba 1,651 sqft , 2026-04-23

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
$2,520/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
$105,000
20% conventional investment loan

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

Estimated Gross Rent+$2,520
Principal + Interest−$2,865
Property Tax (~2.1% TX avg)−$919
Insurance (~0.5%)−$219
Est. Monthly Cash Flow $-1,483

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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