Active Listing  ·  41 days on market

719 Springdale Rd

Austin, TX 78702
$399,000
2 Bed 1 Bath 684 sqft $583/sqft Built 1947 0.16 acres Pool Chunn

719 Springdale Rd is a reminder that opportunity is not measured in square feet. Tucked behind a gated entrance in Austin’s Govalle neighborhood, this 1947 2-bed, 1-bath home measures approximately 684 square feet and sits on a substantial 7,035-square-foot lot with approximately 50 feet of frontage and 145 feet of depth.

The home is full of old Austin character. A long gated drive runs alongside the home and opens into an expansive rear portion of the lot, creating an unusual amount of usable outdoor space for a property this close to the heart of the city.

There is room to garden, entertain, create, park, work, and simply breathe. For buyers looking beyond the existing footprint, the lot dimensions and current home placement may create compelling possibilities for expansion, an accessory dwelling unit, a live work setup, income producing use, or a broader redevelopment vision.

And then there is Govalle, an East Austin neighborhood where original homes coexist with modern construction, studios, galleries, and creative spaces. Canopy, the Govalle Cultural District, Govalle Neighborhood Pool, hike and bike trails, Boggy Creek Farm, local restaurants, and neighborhood businesses are nearby, with convenient access to Downtown, Airport Blvd., US 183, and I-35.

Previously used as an office, the existing home offers added flexibility for an owner-occupant, investor, or buyer seeking a hybrid home, workspace, and future value strategy. The opportunity here extends well beyond the home’s footprint.

At $583/sqft, this home is priced 48% above the Austin active market average of $393/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

719 Springdale Rd, Austin, TX 78702

Property Details

Price $399,000
Status Active Listing
Beds 2
Full Baths 1
Half Baths ,
Living Area 684 sqft
Lot Size 0.16 acres (7,056.72 sqft)
Year Built 1947
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Chunn
County Travis
Zip Code 78702
$/sqft $583/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $7,427.47
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT243252622
List Date August 12, 2026
Elementary School Govalle
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
2909 E 5th St
Hartwell Add
$399,000 $451 2 bd / 1 ba 884 sqft , 2026-07-02
2907 E 5th St
Hartwell Add
$399,000 $612 2 bd / 1 ba 652 sqft , 2026-07-02
2404 Santa Rita St
Industrial Add
$375,000 $508 3 bd / 2 ba 738 sqft , 2026-08-05
2220 Webberville Rd #211
Axion East Condos
$365,000 $482 1 bd / 1 ba 758 sqft , 2026-02-16
2124 E 6th St #305
Twentyone24 Condo Amd
$360,000 $433 1 bd / 1 ba 832 sqft , 2026-04-08

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
$1,915/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
$79,800
20% conventional investment loan

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

Estimated Gross Rent+$1,915
Principal + Interest−$2,178
Property Tax (~2.1% TX avg)−$698
Insurance (~0.5%)−$166
Est. Monthly Cash Flow $-1,127

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 August 14, 2026.

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