About This Home

Single Story home nestled on a cul-de-sac on a .265 acre lot in the desirable Travis Heights neighborhood of 78704. Beautiful live oak trees offer shade and natural setting. Walkable location - only 3 blocks up to South Congress restaurants and shops. The neighborhood features walking trails, public pool, kiddie wading pool, tennis courts and playground. New, enhanced HEB grocery is 5 blocks away. Easy walk or drive into Downtown in 5 minutes. 10 minutes to the airport. Tons of potential to make this property your own!

At $528/sqft, this home is priced 35% 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

502 Sunset Cir, Austin, TX 78704

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Property Details

Price $849,000

Status Active Listing

Beds 3

Full Baths 2

Half Baths ,

Living Area 1,609 sqft

Lot Size 0.27 acres (11,552.11 sqft)

Year Built 1958

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Twin Oaks Add

County Travis

Zip Code 78704

$/sqft $528/sqft

Days on Market ,

HOA None / verify with agent

Annual Tax Est. ,

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT229013625

List Date May 7, 2026

Elementary School Travis Hts

Middle School O Henry

High School Austin

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

360 Nueces St #1417
Residential Condo Amd 360 $849,000 $761 2 bd / 2 ba 1,115 sqft , 2026-04-13

1821 Westlake Dr #103
Los Altos Village Condo Amd $849,000 $530 2 bd / 2 ba 1,602 sqft , 2026-05-14

2209 South 1st St #330
One Oak Condos $849,000 $723 2 bd / 2 ba 1,175 sqft , 2026-06-04

8315 Hathaway Dr #A
Wooten $849,000 $400 4 bd / 3 ba 2,124 sqft , 2026-07-08

910 Tillery St #A
910 Tillery Condos $849,900 $465 3 bd / 3 ba 1,828 sqft , 2026-05-22

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

$4,075/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

$169,800

20% conventional investment loan

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

Estimated Gross Rent+$4,075

Principal + Interest−$4,633

Property Tax (~2.1% TX avg)−$1,486

Insurance (~0.5%)−$354

Est. Monthly Cash Flow $-2,398

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

502 Sunset Cir

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Austin, TX

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