Active Listing  ·  126 days on market

7209 Bassett Ct

Austin, TX 78741
$385,000
3 Bed 4 Bath 2,236 sqft $172/sqft Built 2018 2-Car Garage Pool The Eastwood at Riverside

Seller's preferred lender offers an affordability program that may significantly lower the buyer's monthly payment. Ask listing agent for details and the disclosed affordability sheet. Light-filled end corner unit in the gated Eastwood at Riverside community, this modern three-story townhome offers an open layout with abundant windows, 2 living areas, 2 full baths, and 2 half baths. The second level features open-concept living, dining, and kitchen spaces with an expansive balcony, while all bedrooms are located upstairs, including a spacious primary suite with dual sinks, ensuite bath, walk-in closet, and a private balcony. Conveniently located near I-35, Downtown Austin, Austin-Bergstrom Airport, Lady Bird Lake, Oracle Campus, East Austin dining and entertainment, and Ani’s Day & Night food trucks and neighborhood coffee shop. Community amenities include gated access, walking trails, green spaces, and dog parks. Kitchen Refrigerator and W/D convey, Vivint security system can as well.

At $172/sqft, this home is 56% 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

7209 Bassett Ct, Austin, TX 78741

Property Details

Price $385,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 2
Living Area 2,236 sqft
Lot Size ,
Year Built 2018
Garage 2 spaces
Stories ,
Type Residential · Townhouse
Subdivision The Eastwood at Riverside
County Travis
Zip Code 78741
$/sqft $172/sqft
Days on Market ,
HOA $296/Monthly
Annual Tax Est. $8,736.04
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT230772860
List Date May 20, 2026
Elementary School Smith
Middle School Ojeda
High School Del Valle
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 →

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 · May 20, 2026 $440,000
Previous ask $399,900
Current ask $385,000
Reduced $55,000 (-12.5%) 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
2308 Montague St
Eastwood At Riverside
$374,900 $198 3 bd / 3 ba 1,898 sqft , 2026-03-05
1212 Lily Ter #1
Country Club Gardens
$374,900 $236 3 bd / 3 ba 1,591 sqft , 2026-07-29
1428 Poppy Seed Ln
Riverside Meadows Sec 01
$399,000 $191 4 bd / 3 ba 2,088 sqft , 2026-06-19
6406 Felix Ave #1
6406 Felix Avenue Site Condos
$409,900 $200 2 bd / 3 ba 2,046 sqft , 2026-08-11
1429 Poppy Seed Ln
Riverside Meadows Sec 01
$360,000 $234 4 bd / 2 ba 1,540 sqft , 2026-08-25

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
$1,848/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
$77,000
20% conventional investment loan

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

Estimated Gross Rent+$1,848
Principal + Interest−$2,101
Property Tax (~2.1% TX avg)−$674
Insurance (~0.5%)−$160
Est. Monthly Cash Flow $-1,087

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

More Luxury Homes in Austin

Loading…
View All Luxury Homes →
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 22, 2026.

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