About This Home

Welcome to 601 Orland Blvd, a charming house located in the heart of Austin, TX. This property accords a unique opportunity to own a home in a vibrant and sought-after area. This .27 acre 78745 corner lot is perfectly suited for multiple new construction houses, multi tenant, commercial zoning, etc. Riverside property, this property backs up to Williamson Creek. The existing structure needs significant TLC.

The surrounding neighborhood provides a dynamic backdrop with its mix of cultural offerings and local amenities. Whether you're looking to relax in your own private space or explore the vibrant surroundings, this property accords a versatile foundation for your aspirations. Experience the blend of tranquility and urban convenience at this address.

At $369/sqft, this home is 6% below the Austin active market average of $392/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

601 Orland Blvd, Austin, TX 78745

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Property Details

Price $345,000

Status Active Listing

Beds 3

Full Baths 1

Half Baths ,

Living Area 936 sqft

Lot Size 0.27 acres (11,761.2 sqft)

Year Built 1961

Garage 1 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Greenwood Forest Sec 01

County Travis

Zip Code 78745

$/sqft $369/sqft

Days on Market ,

HOA None / verify with agent

Annual Tax Est. $7,544

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT242935193

List Date August 10, 2026

Elementary School St Elmo

Middle School Bedichek

High School Travis

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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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 · August 10, 2026 $375,000

Current ask $345,000

▼ Reduced $30,000 (-8.0%) 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

404 Normandy St
Placidena $349,900 $335 2 bd / 1 ba 1,046 sqft , 2026-08-20

4004 Banister Ln #208
Mesa Condos $359,000 $363 2 bd / 2 ba 989 sqft , 2026-06-01

6010 Waycross Dr
Flournoys Sweetbriar Sec 08 $320,000 $321 3 bd / 1 ba 996 sqft , 2026-06-12

5800 Breezewood Dr
Flournoys Sweetbriar Sec 06 $315,000 $269 4 bd / 2 ba 1,170 sqft , 2026-06-25

5304 Saint Georges Grn #A
Cerca/5304 St Georges Condo $315,000 $386 2 bd / 1 ba 816 sqft , 2026-07-27

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

$1,656/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

$69,000

20% conventional investment loan

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

Estimated Gross Rent+$1,656

Principal + Interest−$1,883

Property Tax (~2.1% TX avg)−$604

Insurance (~0.5%)−$144

Est. Monthly Cash Flow $-975

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

About the Author

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 August 16, 2026.

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

601 Orland Blvd