Active Listing  ·  7 days on market

407 Tamworth Ave

Austin, TX 78745
$400,000
3 Bed 2 Bath 956 sqft $418/sqft Built 1968 0.17 acres Pool Greenwood Hills Sec 04

Welcome to 407 Tamworth in Austin?s desirable 78745 zip code. This thoughtfully renovated 3-bedroom, 2-bath residence offers a heap of light-filled, single-story living on a peaceful 0.17-acre lot. Step inside to an open, charming layout finished with new vinyl plank flooring, fresh paint, recessed lighting, and ceiling fans throughout. The modern kitchen features navy cabinetry, quartz countertops, a convenient island, stainless appliances including a gas range, and a clean subway-tile backsplash perfect for everyday cooking or casual gatherings. Both bathrooms showcase updated navy vanities, quartz surfaces, and stylish gold fixtures, with one including a tub/shower combination and the other a walk-in shower. Major systems have been comprehensively updated for long-term comfort and confidence, including a warrantied slab foundationy, full sewer replacement, new PVC plumbing and water lines, new electrical panel and wiring, new HVAC with transferable warranty, new attic insulation, and a tankless water heater. Additional improvements include new front and rear entry doors, new interior doors and trim, new cabinets and vanities, new kitchen and bathroom windows, new driveway, rear siding, front xeriscaping, and window treatments. Outside, enjoy a tranquil setting shaded by mature trees, a concrete patio ideal for relaxing or entertaining, and a storage shed for added convenience. The established South Austin location places you minutes from local favorites at The Yard, Cosmic Coffee, St. Elmo Brewing, Radio Coffee, Matt?s El Rancho, and the vibrant energy of South Congress, with easy access to major roadways. Move-in ready and thoughtfully refreshed, this home offers a serene retreat with modern updates and strong neighborhood connections.

At $418/sqft, this home is priced 6% above the Austin active market average of $393/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

407 Tamworth Ave, Austin, TX 78745

Property Details

Price $400,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 956 sqft
Lot Size 0.17 acres (7,305.01 sqft)
Year Built 1968
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Greenwood Hills Sec 04
County Travis
Zip Code 78745
$/sqft $418/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $6,737.03
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT247031206
List Date September 16, 2026
Elementary School Galindo
Middle School Mendez
High School Travis
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
4510 Terry-O Ln #302
S Austin Industrial Park
$399,000 $356 2 bd / 2 ba 1,122 sqft , 2025-12-24
5413 Blue Bird Ln #2
Blue Bird Condominiums
$399,000 $387 2 bd / 3 ba 1,032 sqft , 2026-09-08
408 Blueberry Hl
Flournoys Sweetbriar Sec 11
$385,000 $390 3 bd / 2 ba 988 sqft , 2026-06-05
4510 Terry O Ln #344
The Station at St. Elmo
$429,900 $409 2 bd / 2 ba 1,052 sqft , 2026-08-28
509 Westmorland Dr
Greenwood Hills Sec 06
$432,500 $361 3 bd / 2 ba 1,199 sqft , 2026-07-03

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
$1,920/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
$80,000
20% conventional investment loan

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

Estimated Gross Rent+$1,920
Principal + Interest−$2,183
Property Tax (~2.1% TX avg)−$700
Insurance (~0.5%)−$167
Est. Monthly Cash Flow $-1,130

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 17, 2026.

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