About This Home

NEWLY UPDATED! Big opportunity in highly desirable 78748, the heart of super south Austin. Brand new landscaping, new doors, and all new flooring and lighting. Plumbing has been updated in and out from street to inside valves. Toilets are new, as are kitchen counters, sink, and vanity. Roof and water heater are under 5 years old. Windows were replaced within the last eight years. The home is quaint with old school Austin charm, and a spacious backyard. Did I mention its within quick driving distance to Southpark Meadows? What are you waiting for?! Come see it!

At $309/sqft, this home is 21% 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

707 Great Britain Blvd, Austin, TX 78748

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Property Details

Price $360,000

Status Active Listing

Beds 3

Full Baths 2

Half Baths ,

Living Area 1,166 sqft

Lot Size 0.17 acres (7,592.51 sqft)

Year Built 1981

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Buckingham Estates Ph III Sec

County Travis

Zip Code 78748

$/sqft $309/sqft

Days on Market ,

HOA None / verify with agent

Annual Tax Est. ,

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT206973580

List Date October 17, 2025

Elementary School Casey

Middle School Bedichek

High School Akins

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.

Schedule a Call →

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 · October 17, 2025 $370,000

Previous ask $365,000

Current ask $360,000

▼ Reduced $10,000 (-2.7%) 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

16019 Agua Vis
NA $360,000 $348 3 bd / 2 ba 1,033 sqft , 2026-03-13

5510 Manor Rd #A
Fairey Oaks Sec 2 $360,000 $232 3 bd / 2 ba 1,555 sqft , 2026-03-13

2301 Lawnmont Ave #1
Heritage Square Condo $360,000 $316 2 bd / 2 ba 1,141 sqft , 2026-03-05

704 Buckingham Pl
Buckingham Estates Sec 01 $360,000 $232 3 bd / 2 ba 1,552 sqft , 2026-03-31

6708 Menchaca Rd #14
La Vid Condo Amd $360,000 $257 2 bd / 2 ba 1,400 sqft , 2026-05-07

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

$1,728/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

$72,000

20% conventional investment loan

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

Estimated Gross Rent+$1,728

Principal + Interest−$1,965

Property Tax (~2.1% TX avg)−$630

Insurance (~0.5%)−$150

Est. Monthly Cash Flow $-1,017

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

707 Great Britain Blvd