Active Listing  ·  34 days on market

510 El Paso St #A

Austin, TX 78704
$749,900
3 Bed 3 Bath 1,603 sqft $468/sqft Built 2016 0.07 acres 1-Car Garage Pool Pearson Subdivision

Beautifully designed free-standing Moore-Tate home set on an expansive corner lot in the heart of South Austin. A short two-block street on Stacey, with no through traffic on El Paso, makes it ideal for dog walking and kids to play. Within walking distance of restaurants and parks, and just 1 mile from the new flagship H-E-B. Downtown Austin is only 5 minutes away, while Austin-Bergstrom International Airport is approximately 15 minutes away. This contemporary home offers a thoughtful layout, exceptional natural light, and an easy indoor-outdoor flow.

The main level features an open-concept living and entertaining space, along with the primary bedroom, powder bath, and laundry. A large center island anchors the kitchen and provides the perfect gathering spot for entertaining. Expansive windows overlook mature trees and the surrounding neighborhood, while a spacious deck just off the kitchen extends the living space outdoors. The beautifully landscaped, fully irrigated lawn provides additional room to relax and entertain.

Upstairs are two generously sized bedrooms, each with a skylight, plus a large, centrally located bathroom with dual sinks and abundant natural light. This home offers a wonderful combination of contemporary design, thoughtful functionality, and a prime South Austin location. The home includes a 1-car carport, additional driveway parking, and an electric car charger. Pre-Inspected.

At $468/sqft, this home is priced 20% above the Austin active market average of $390/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

510 El Paso St #A, Austin, TX 78704

Property Details

Price $749,900
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,603 sqft
Lot Size 0.07 acres (3,253.93 sqft)
Year Built 2016
Garage 1 spaces
Stories ,
Type Residential · Condominium
Subdivision Pearson Subdivision
County Travis
Zip Code 78704
$/sqft $468/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $7,810
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT248951550
List Date October 9, 2026
Elementary School Galindo
Middle School Lively
High School Travis
School District Austin ISD

Austin ISD

Galindo · Lively · Travis

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
3215 Aldwyche Dr
Lightsey 2s 2nd Resub
$750,000 $463 3 bd / 3 ba 1,619 sqft , 2026-06-05
2323 S Lamar Blvd #237
Precision Add
$749,000 $693 2 bd / 2 ba 1,081 sqft , 2026-08-28
3005 Leaning Oak Cir
South Terrace Add
$755,000 $449 4 bd / 2 ba 1,680 sqft , 2026-10-26
2706 Nottingham Ln
Sherwood Oaks Sec 04
$735,000 $509 3 bd / 2 ba 1,443 sqft , 2026-10-23
2113 Thornton Rd
Fredericksburg Road Acres
$765,000 $455 4 bd / 2 ba 1,680 sqft , 2026-06-09

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
$3,600/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
$149,980
20% conventional investment loan

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

Estimated Gross Rent+$3,600
Principal + Interest−$4,093
Property Tax (assumed ~2.1%)−$1,312
Insurance (assumed ~0.5%)−$312
Est. Monthly Cash Flow $-2,117

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 · 41 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. The written content was last updated on October 28, 2026.

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

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