About This Home

Bring your vision to 7305 Providence Ave! In original condition, this property offers an opportunity for investors, renovators, or buyers looking to build in an established Austin neighborhood. Nearby homes are being replaced with new construction, making this a property to consider for your next project. Explore renovating the existing home or starting fresh with a new build. Convenient access to I-35 and US-183. Buyer to verify property condition, zoning, restrictions, and development possibilities. To view matterport: https://my.matterport.com/show/?m=mvTts2aqQJy

At $417/sqft, this home is priced 7% above the Austin active market average of $391/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

7305 Providence Ave, Austin, TX 78752

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Property Details

Price $400,000

Status Active Listing

Beds 3

Full Baths 1

Half Baths ,

Living Area 960 sqft

Lot Size 0.18 acres (7,971.48 sqft)

Year Built 1972

Garage ,

Stories ,

Type Residential · Single Family Residence

Subdivision Black A K 02

County Travis

Zip Code 78752

$/sqft $417/sqft

Days on Market ,

HOA None / verify with agent

Annual Tax Est. $5,141.75

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT249635544

List Date October 14, 2026

Elementary School Pickle

Middle School Webb

High School Eastside Early College

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.

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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

6902 Notre Dame Dr
University Hills Sec 1 $399,900 $316 3 bd / 2 ba 1,265 sqft , 2026-10-22

211 E Lisa Dr
Huntland Heights Sec 02 $395,000 $362 3 bd / 2 ba 1,092 sqft , 2026-09-21

6308 Linda Ln
Roberts Terrace $405,000 $412 2 bd / 1 ba 982 sqft , 2026-10-12

6705 Esther Dr
Huntland Heights Sec 02 $425,000 $331 3 bd / 2 ba 1,284 sqft , 2026-08-28

7102 Providence Ave #2
BLACK A K SUBD NO 1 $356,000 $322 2 bd / 3 ba 1,106 sqft , 2026-01-17

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

$1,920/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

$80,000

20% conventional investment loan

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

Estimated Gross Rent+$1,920

Principal + Interest−$2,183

Property Tax (~2.1% TX avg)−$700

Insurance (~0.5%)−$167

Est. Monthly Cash Flow $-1,130

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

About the Author

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 October 17, 2026.

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

7305 Providence Ave

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Austin, TX

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