About This Home

Located in the heart of Austin, 7606 Blessing Ave offers a 3-bedroom, 2-bathroom layout with solid potential for renovation or personalization. This home is in need of updates, making it an excellent opportunity for investors, flippers, or buyers looking to customize a property to their taste. The functional floor plan provides a strong foundation to reimagine the space, while the established neighborhood offers convenient access to major roads, shopping, dining, and downtown Austin. With the right vision and improvements, this property has the potential to become a standout home in a desirable area.

At $148/sqft, this home is 62% 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

7606 Blessing Ave, Austin, TX 78752

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Property Details

Price $220,000

Status Active Listing

Beds 3

Full Baths 2

Half Baths ,

Living Area 1,486 sqft

Lot Size 0.19 acres (8,211.06 sqft)

Year Built 1950

Garage ,

Stories ,

Type Residential · Single Family Residence

Subdivision Black A K 02

County Travis

Zip Code 78752

$/sqft $148/sqft

Days on Market ,

HOA None / verify with agent

Annual Tax Est. $7,081.62

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT211338376

List Date November 10, 2025

Elementary School Hart

Middle School Webb

High School Northeast Early College

School District ,

Have Questions About This Property?

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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 · November 10, 2025 $299,000

Previous ask $240,000

Current ask $220,000

▼ Reduced $79,000 (-26.4%) 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

3309 Crownover St
Austins Colony Ph 04 $220,000 $158 3 bd / 2 ba 1,389 sqft , 2026-03-13

9001 Parkfield Dr #B
Orange Grove Condo Amd $220,000 $218 2 bd / 2 ba 1,011 sqft , 2026-04-03

1714 Timber Brush Trl
Timber Ridge At Greenbriar Sec $220,000 $184 2 bd / 2 ba 1,194 sqft , 2026-03-25

1015 E Yager Ln #18
Coppertree Condo Ph 02 $219,900 $219 2 bd / 2 ba 1,004 sqft , 2026-04-10

8418 Fathom Cir #203
ALDEA DEL SOL CONDOMINIUMS $219,000 $209 2 bd / 2 ba 1,047 sqft , 2026-06-12

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

$1,056/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

$44,000

20% conventional investment loan

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

Estimated Gross Rent+$1,056

Principal + Interest−$1,201

Property Tax (~2.1% TX avg)−$385

Insurance (~0.5%)−$92

Est. Monthly Cash Flow $-622

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

7606 Blessing Ave