Active Listing  ·  27 days on market

6901 Blessing Ave

Austin, TX 78752
$275,000
3 Bed 2 Bath 1,131 sqft $243/sqft Built 2000 0.09 acres Pool Black A K 01

Unlock the potential of one of East Austin's most exciting investment opportunities at 6901 Blessing Avenue. Positioned in a rapidly evolving pocket of Austin with convenient access to major employers, Downtown, Mueller, Tesla, Austin-Bergstrom International Airport, and the booming SH-130 corridor, this property offers the rare combination of immediate value and long-term upside. Whether you're looking to expand your rental portfolio, pursue a value-add renovation, or capitalize on future appreciation in one of Austin's fastest-growing areas, this property checks all the boxes. Surrounded by ongoing redevelopment and increasing demand from both homeowners and renters, the location continues to attract strong interest from professionals seeking affordability without sacrificing proximity to the city's top employment and entertainment hubs. Residents enjoy quick access to nearby parks, local coffee shops, restaurants, shopping, and everyday conveniences while benefiting from the area's continued transformation. Zoned to schools including Pecan Springs Elementary, Martin Middle School, and Lyndon B. Johnson Early College High School, the property appeals to a broad tenant pool. With Austin's long-term population growth, continued infrastructure investment, and limited housing inventory, opportunities like this are becoming increasingly difficult to find. Whether your strategy is buy-and-hold, renovate and lease, or secure a property in the path of growth for future appreciation, 6901 Blessing Avenue offers the location, flexibility, and investment potential to make it a standout addition to any real estate portfolio.

At $243/sqft, this home is 38% 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

6901 Blessing Ave, Austin, TX 78752

Property Details

Price $275,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,131 sqft
Lot Size 0.09 acres (4,094.64 sqft)
Year Built 2000
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Black A K 01
County Travis
Zip Code 78752
$/sqft $243/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $6,126.44
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT239883874
List Date July 28, 2026
Elementary School Pickle
Middle School Webb
High School Northeast 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.

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
909 Reinli St #103
Verandas At Uptown Condo
$280,000 $238 3 bd / 3 ba 1,176 sqft , 2026-04-14
909 Reinli St #101
Verandas At Uptown Condo
$260,000 $211 3 bd / 3 ba 1,235 sqft , 2026-06-01
1904 Rosetti Dr #109
Old Town Condo Rev 1998
$260,000 $179 3 bd / 3 ba 1,452 sqft , 2026-06-04
7203 Coronado Cir
Villas Coronado Hills Rev 1995
$260,000 $190 3 bd / 2 ba 1,365 sqft , 2026-06-23
935 La Posada Dr #158
Flats 935 Condos Bldg 5
$259,000 $251 2 bd / 2 ba 1,030 sqft , 2026-08-17

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
$1,320/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
$55,000
20% conventional investment loan

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

Estimated Gross Rent+$1,320
Principal + Interest−$1,501
Property Tax (~2.1% TX avg)−$481
Insurance (~0.5%)−$115
Est. Monthly Cash Flow $-777

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 July 29, 2026.

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