Active Listing  ·  168 days on market

604 Springdale Rd

Austin, TX 78702
$525,000
3 Bed 2 Bath 1,282 sqft $410/sqft Built 1949 0.15 acres Pool Pipkin Add 02

Home is larger than TCAD with 16X32 Addition (approximately). Addition is on slab foundation and includes a Den, Primary Bedroom and Bath and Laundry. Home is being Sold AS-Is, No Repairs. Perfect parcel for Investors! Occupied by Owner. Please do not disturb.

At $410/sqft, this home is priced 5% above the Austin active market average of $392/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

604 Springdale Rd, Austin, TX 78702

Property Details

Price $525,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,282 sqft
Lot Size 0.15 acres (6,499.15 sqft)
Year Built 1949
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Pipkin Add 02
County Travis
Zip Code 78702
$/sqft $410/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $9,587.05
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT224914652
List Date April 7, 2026
Elementary School Brooke
Middle School Martin
High School Eastside Early College
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.

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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
909 Calle Limon None #3
Von Rosenberg Gardens
$525,000 $404 2 bd / 3 ba 1,299 sqft , 2026-08-24
2817 Prado St
Chernosky 12
$525,000 $394 4 bd / 2 ba 1,332 sqft , 2024-01-12
911 Calle Limon None #2
Von Rosenberg Gardens
$510,000 $390 2 bd / 3 ba 1,307 sqft , 2026-07-30
2901 Castro St #2
Chernosky 12
$545,000 $581 2 bd / 3 ba 938 sqft , 2026-05-22
3304 E 5th St #B
Villas At 05 & Allen Condo Ph
$549,000 $378 3 bd / 3 ba 1,454 sqft , 2026-08-09

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
$2,520/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
$105,000
20% conventional investment loan

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

Estimated Gross Rent+$2,520
Principal + Interest−$2,865
Property Tax (~2.1% TX avg)−$919
Insurance (~0.5%)−$219
Est. Monthly Cash Flow $-1,483

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 · 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 September 8, 2026.

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