About This Home

This single-story home boasts 3 bedrooms and 2 bathrooms across 1323 square feet of living space. The exterior features a manicured lawn with 2 car garage, and energy efficient solar panels! Interior includes updated finishes, stone fireplace and oversized bedrooms! Outside, a private backyard complete with a covered patio and fully fenced yard.

At $283/sqft, this home is 28% below the Austin active market average of $391/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

512 Mulberry Dr, Austin, TX 78745

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Property Details

Price $374,900

Status Active Listing

Beds 3

Full Baths 2

Half Baths ,

Living Area 1,323 sqft

Lot Size 0.15 acres (6,638.54 sqft)

Year Built 1978

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Beaconridge 04-A

County Travis

Zip Code 78745

$/sqft $283/sqft

Days on Market ,

HOA None / verify with agent

Annual Tax Est. $6,971

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT211319621

List Date June 17, 2026

Elementary School Pleasant Hill

Middle School Bedichek

High School Crockett

School District ,

Have Questions About This Property?

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

2101 Rivers Edge Way #32
Riverside Villas $374,900 $252 3 bd / 3 ba 1,488 sqft , 2026-03-06

7601 Bethune Ave #B
7601 Bethune Condos $374,900 $230 3 bd / 3 ba 1,632 sqft , 2026-02-11

501 W 26th St #108
Centennial Condo Rev 1997 $374,900 $360 2 bd / 2 ba 1,040 sqft , 2026-07-06

6000 Shepherd Mountain Cv #1112
Montevista Condo Ph 01 Amd $374,900 $326 2 bd / 2 ba 1,150 sqft , 2026-07-08

2604 Wheless Ln #1
2604 Wheless Ln Condo $374,900 $266 2 bd / 3 ba 1,408 sqft , 2026-07-08

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

$1,800/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

$74,980

20% conventional investment loan

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

Estimated Gross Rent+$1,800

Principal + Interest−$2,046

Property Tax (~2.1% TX avg)−$656

Insurance (~0.5%)−$156

Est. Monthly Cash Flow $-1,058

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

512 Mulberry Dr

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Austin, TX

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