About This Home

Act Fast Won't Last Long! Fabulous location which is close to Downtown, ABIA Airport, IH-35, Mopac, All kinds of Entertainment, Places to Dine and Shopping. Home has 2 bedrooms, 1 bathroom, family room, home office room and nice sized kitchen. Home has Central HVAC, Wood Floors, Ceiling Fans, All Appliances including washer, dryer, refrigerator, range. There is an additional flex room behind the garage which can be used as a game room, additional office space, studio, storage room, or whatever you can imagine. Located on a nice sized fenced lot with trees and deck in the backyard. Ideal for a first home or for investor/redevelopment.

At $335/sqft, this home is 15% 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

404 Normandy St, Austin, TX 78745

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Property Details

Price $349,900

Status Active Listing

Beds 2

Full Baths 1

Half Baths ,

Living Area 1,046 sqft

Lot Size 0.15 acres (6,581.92 sqft)

Year Built 1951

Garage 1 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Placidena

County Travis

Zip Code 78745

$/sqft $335/sqft

Days on Market ,

HOA None / verify with agent

Annual Tax Est. $7,941.45

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT243584825

List Date August 20, 2026

Elementary School St Elmo

Middle School Mendez

High School Travis

School District ,

Have Questions About This Property?

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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

601 Orland Blvd
Greenwood Forest Sec 01 $345,000 $369 3 bd / 1 ba 936 sqft , 2026-08-10

4004 Banister Ln #208
Mesa Condos $359,000 $363 2 bd / 2 ba 989 sqft , 2026-06-01

4510 Terry O Ln #419
The Station at St Elmo $339,000 $451 1 bd / 1 ba 752 sqft , 2026-05-15

1404 Southport Dr #A
1404 Southport Drive Condomini $365,000 $364 2 bd / 2 ba 1,004 sqft , 2026-07-31

4315 S Congress Ave #317
Congress Lofts Condominiums $329,000 $406 1 bd / 1 ba 811 sqft , 2026-08-18

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

$1,680/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

$69,980

20% conventional investment loan

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

Estimated Gross Rent+$1,680

Principal + Interest−$1,910

Property Tax (~2.1% TX avg)−$612

Insurance (~0.5%)−$146

Est. Monthly Cash Flow $-988

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

About the Author

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 21, 2026.

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

404 Normandy St

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Austin, TX

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