Active Listing  ·  3 days on market

625 W Odell St

Austin, TX 78752
$299,900
2 Bed 1 Bath 960 sqft $312/sqft Built 1946 0.16 acres Pool Johnson Heights

Redevelopment opportunity in North Central Austin. This 0.1648 acre lot sits at the end of W Odell Street, just off North Lamar, with quick access to Crestview, Brentwood, and the Highland and St. Johns corridors. Because it’s at the end of the street, there is no through traffic. That kind of quiet setting is increasingly hard to find this close to the core.

The surrounding blocks have seen steady redevelopment in recent years, and multiple nearby lots have been rebuilt as new construction. A buyer could renovate the existing residence and hold, but the main value is in the land and what the site can become. Well suited for builders, developers, and investors.

Survey available. Property is being sold strictly as-is. Buyer and Buyer’s agent to perform their own due diligence and independently verify all information, including lot size, zoning, tree restrictions, development potential, and any intended use.

At $312/sqft, this home is 20% below the Austin active market average of $390/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

625 W Odell St, Austin, TX 78752

Property Details

Price $299,900
Status Active Listing
Beds 2
Full Baths 1
Half Baths ,
Living Area 960 sqft
Lot Size 0.16 acres (7,178.69 sqft)
Year Built 1946
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Johnson Heights
County Travis
Zip Code 78752
$/sqft $312/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $6,647.26
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT252170537
List Date November 9, 2026
Elementary School Brown
Middle School Webb
High School Navarro Early College
School District Austin ISD

Austin ISD

Brown · Webb · Navarro Early College

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.

Schedule a Call →

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
935 La Posada Dr #212
La Costa
$299,900 $286 2 bd / 2 ba 1,050 sqft , 2024-02-09
6324 N Lamar Blvd #419
Ellis Highline
$319,000 $332 2 bd / 2 ba 962 sqft , 2026-05-30
201 Cinderella Dr
Holiday Hills Sec 01
$330,000 $334 3 bd / 1 ba 988 sqft , 2026-09-04
935 La Posada Dr #148
Flats/935 Condos Bldg 4
$256,000 $249 2 bd / 2 ba 1,030 sqft , 2026-01-21
7711 Watson St #B
7711 Watson Street Condo
$344,900 $447 2 bd / 1 ba 772 sqft , 2026-07-02

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
$1,440/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
$59,980
20% conventional investment loan

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

Estimated Gross Rent+$1,440
Principal + Interest−$1,637
Property Tax (assumed ~2.1%)−$525
Insurance (assumed ~0.5%)−$125
Est. Monthly Cash Flow $-847

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 November 10, 2026.

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

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