Active Listing  ·  9 days on market

402 Bramble Dr

Austin, TX 78745
$239,500
3 Bed 1 Bath 864 sqft $277/sqft Built 1970 0.17 acres Pool Flournoys Sweetbriar Sec 05

Tucked between South 1st and South Congress, this South Austin home puts buyers within easy reach of all the shops, dining, and amenities that make this stretch so popular. Offered as-is, this home is an ideal opportunity for buyers ready to bring their vision to life. The single-story layout keeps things simple to reimagine, while the level, tree-shaded lot gives you room to work with, from the fenced private yard and front porch to the carport with additional off-street parking. Whether you're planning a full renovation or updates in phases, this is an exciting chance to create something special in one of South Austin's most convenient and vibrant pockets.

At $277/sqft, this home is 29% 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

402 Bramble Dr, Austin, TX 78745

Property Details

Price $239,500
Status Active Listing
Beds 3
Full Baths 1
Half Baths ,
Living Area 864 sqft
Lot Size 0.17 acres (7,230.96 sqft)
Year Built 1970
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Flournoys Sweetbriar Sec 05
County Travis
Zip Code 78745
$/sqft $277/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $7,264
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT246247215
List Date September 14, 2026
Elementary School Odom
Middle School Bedichek
High School Crockett
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
5701 Glen Meadow Dr
Flournoys Sweetbriar Sec 10
$235,000 $244 2 bd / 2 ba 962 sqft , 2026-07-20
512 Eberhart Ln #1003
Sweetbriar Garden Homes Condominium
$229,919 $228 2 bd / 2 ba 1,010 sqft , 2026-05-14
4361 S Congress Ave #209
Public Condos Bldg 1
$252,000 $233 2 bd / 2 ba 1,081 sqft , 2026-08-25
512 Eberhart Ln #204
Sweetbriar Garden Homes Condom
$225,000 $223 2 bd / 2 ba 1,010 sqft , 2026-04-10
4908 Hawk Cv #2
Glenwood Square
$269,500 $374 2 bd / 1 ba 720 sqft , 2026-08-06

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
$1,150/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
$47,900
20% conventional investment loan

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

Estimated Gross Rent+$1,150
Principal + Interest−$1,307
Property Tax (~2.1% TX avg)−$419
Insurance (~0.5%)−$100
Est. Monthly Cash Flow $-676

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 15, 2026.

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