About This Home

This property is a blank canvas for your vision! The existing structure can be rehabbed or torn down, offering a rare opportunity to start fresh. With no electricity, AC, heat, gas, or confirmed working plumbing, this lot is ideal for a custom rebuild or redevelopment. Unlock the possibilities and create something extraordinary in this prime location. Sold as-is; buyer to verify all details.

At $227/sqft, this home is 42% 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

7306 Bethune Ave, Austin, TX 78752

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Property Details

Price $250,000

Status Active Listing

Beds 3

Full Baths 1

Half Baths ,

Living Area 1,102 sqft

Lot Size 0.20 acres (8,520.34 sqft)

Year Built 1950

Garage ,

Stories ,

Type Residential · Single Family Residence

Subdivision St Johns College Add

County Travis

Zip Code 78752

$/sqft $227/sqft

Days on Market ,

HOA None / verify with agent

Annual Tax Est. $4,029.37

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT234260894

List Date June 12, 2026

Elementary School Pickle

Middle School Webb

High School Northeast 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

909 Reinli St #136
Ridgetop $245,000 $268 2 bd / 2 ba 915 sqft , 2026-04-02

300 E Croslin St #106
Croslin Court Condos $244,749 $193 3 bd / 3 ba 1,267 sqft , 2026-04-27

935 La Posada Dr #148
Flats/935 Condos Bldg 4 $256,000 $249 2 bd / 2 ba 1,030 sqft , 2026-01-21

935 La Posada Dr #158
Flats 935 Condos Bldg 5 $259,000 $251 2 bd / 2 ba 1,030 sqft , 2026-08-17

909 Reinli St #101
Verandas At Uptown Condo $260,000 $211 3 bd / 3 ba 1,235 sqft , 2026-06-01

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

$1,200/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

$50,000

20% conventional investment loan

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

Estimated Gross Rent+$1,200

Principal + Interest−$1,364

Property Tax (~2.1% TX avg)−$438

Insurance (~0.5%)−$104

Est. Monthly Cash Flow $-706

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 July 9, 2026.

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

7306 Bethune Ave

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Austin, TX

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