Active Listing  ·  10 days on market

407 Tamworth Ave

Austin, TX 78745
$379,900
3 Bed 2 Bath 956 sqft $397/sqft Built 1968 0.17 acres Pool Greenwood Hills Sec 04

Welcome to 407 Tamworth, a thoughtfully renovated 3-bedroom, 2-bath single-story retreat in the heart of coveted 78745! Step inside to a light-filled open layout featuring new luxury vinyl plank flooring, fresh paint, recessed lighting, and designer fixtures throughout. The modern chef’s kitchen boasts custom black cabinetry, quartz countertops, a center island, subway tile backsplash, and stainless steel gas appliances. Both bathrooms are exquisitely updated with black vanities, quartz surfaces, and stylish gold hardware.

Beyond the cosmetic beauty lies ultimate peace of mind: major system overhauls include a warrantied slab foundation, full sewer line replacement, new PVC plumbing, new electrical panel & wiring, new HVAC with transferable warranty, tankless water heater, and new attic insulation. Additional highlights include double-pane windows with plantation shutters, new interior/exterior doors, a new driveway, and low-maintenance front xeriscaping.

The fully fenced, shaded backyard features mature trees, a concrete patio for entertaining, and a storage shed. Unbeatable South Austin location; minutes to Radio Coffee, Cosmic Coffee, The Yard, St. Elmo Brewing, Matt’s El Rancho, and SoCo! Completely turn-key and ready for its next owner.

Don't miss out on this amazing opportunity!

At $397/sqft, this home is priced 2% above the Austin active market average of $391/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 $379,900
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 $397/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $6,737.03
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT247953443
List Date September 28, 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.

Schedule a Call →

Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · September 28, 2026 $388,900
Current ask $379,900
▼ Reduced $9,000 (-2.3%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

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
5413 Blue Bird Ln #2
Blue Bird Condominiums
$379,000 $367 2 bd / 3 ba 1,032 sqft , 2026-09-08
408 Blueberry Hl
Flournoys Sweetbriar Sec 11
$375,000 $380 3 bd / 2 ba 988 sqft , 2026-06-05
5421 Blue Bird Ln #2
BLUE BIRD CONDOMINIUMS
$389,000 $368 2 bd / 3 ba 1,056 sqft , 2026-09-28
4907 Manchester Cir
Greenwood Hills Sec 05
$365,000 $362 3 bd / 2 ba 1,008 sqft , 2026-10-01
4510 Terry-O Ln #302
S Austin Industrial Park
$399,000 $356 2 bd / 2 ba 1,122 sqft , 2025-12-24

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
$1,824/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
$75,980
20% conventional investment loan

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

Estimated Gross Rent+$1,824
Principal + Interest−$2,073
Property Tax (~2.1% TX avg)−$665
Insurance (~0.5%)−$158
Est. Monthly Cash Flow $-1,072

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

More Luxury Homes in Austin

Loading…
View All Luxury Homes →
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 October 6, 2026.

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