Active Listing  ·  8 days on market

403 W 55th St

Austin, TX 78751
$550,000
2 Bed 1 Bath 907 sqft $606/sqft Built 1950 0.15 acres Pool Northfield Annex 02

A Central Austin bungalow with personality, flexibility, and room to make it your own. Tucked into one of Austin’s most beloved central neighborhoods, 403 W 55th offers something increasingly hard to find: a home with genuine character. This charming house is anything but cookie-cutter, with original hardwood floors and the kind of details that give an older Austin home its own story.

Inside, the house has a versatile den that provides the perfect flex space for a home office, reading room, creative studio, or living area—whatever fits your life. Outside, the private backyard gives you room to spread out, whether that means morning coffee under the trees, dinner with friends, weekend gatherings, or dreaming up a future addition. There’s plenty of space and potential to create an outdoor living area that feels like your own private retreat.

And then there’s the location! You're walking distance to everything North Loop! Just minutes from the coffee shops, restaurants, bars, and indie businesses that make Hyde Park and North Loop so distinctly Austin. Grab coffee at Epoch or Barrett's, dinner at Foreign & Domestic or Home Slice, a cocktail at DrinkWell, or spend an afternoon exploring the eclectic vintage shops and local spots all along North Loop.

For buyers who want the charm of an Austin bungalow without sacrificing flexibility or proximity to the best of Central Austin, this one is worth a closer look. Original character, a flexible floor plan, a private backyard, and plenty of potential—all in a location that lets you live like a local!

At $606/sqft, this home is priced 55% 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

403 W 55th St, Austin, TX 78751

Property Details

Price $550,000
Status Active Listing
Beds 2
Full Baths 1
Half Baths ,
Living Area 907 sqft
Lot Size 0.15 acres (6,547.07 sqft)
Year Built 1950
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Northfield Annex 02
County Travis
Zip Code 78751
$/sqft $606/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $10,063.53
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT239880232
List Date August 14, 2026
Elementary School Reilly
Middle School Lamar (Austin ISD)
High School McCallum
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
939 E 52nd St #2
Ridgetop
$550,000 $483 2 bd / 3 ba 1,138 sqft , 2026-07-09
5505 Duval St #B
North Loop
$539,000 $508 2 bd / 2 ba 1,061 sqft , 2026-04-16
503 Brentwood St
Plaza Place
$525,000 $446 3 bd / 2 ba 1,176 sqft , 2026-03-03
5512 Duval St #2
North Loop
$525,000 $534 2 bd / 3 ba 983 sqft , 2026-08-03
5509 Clay Ave #2
Clay Condominiums
$512,500 $588 2 bd / 2 ba 871 sqft , 2026-08-13

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
$2,640/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
$110,000
20% conventional investment loan

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

Estimated Gross Rent+$2,640
Principal + Interest−$3,002
Property Tax (~2.1% TX avg)−$963
Insurance (~0.5%)−$229
Est. Monthly Cash Flow $-1,554

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 August 18, 2026.

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