About This Home

Charming and beautifully updated 4-bedroom, 2-bathroom home in an established Austin neighborhood. Built in 1964, this property perfectly blends mid-century character with modern conveniences, featuring recently remodeled kitchen and bathrooms. The thoughtful layout offers a functional split-level lifestyle, with one bedroom and a full bath downstairs, while three additional bedrooms and a second full bath reside upstairs. The upper level also features a versatile second living space that opens directly to a serene, enclosed balcony. Park with ease in the 2-car garage. Outside, enjoy an expansive, fully fenced backyard complete with a handy storage shed—ideal for outdoor entertaining, gardening, and pets.

At $233/sqft, this home is 41% below the Austin active market average of $393/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

903 Potomac Path, Austin, TX 78753

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Property Details

Price $450,000

Status Active Listing

Beds 4

Full Baths 2

Half Baths ,

Living Area 1,929 sqft

Lot Size 0.17 acres (7,322.44 sqft)

Year Built 1964

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Heritage Hills Sec 01

County Travis

Zip Code 78753

$/sqft $233/sqft

Days on Market ,

HOA None / verify with agent

Annual Tax Est. $8,503.49

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT244166067

List Date August 20, 2026

Elementary School Hart

Middle School Dobie (Austin ISD)

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 · August 20, 2026 $460,000

Current ask $450,000

▼ Reduced $10,000 (-2.2%) 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

303 Hackberry Ln
Georgian Acres $449,000 $292 3 bd / 3 ba 1,538 sqft , 2026-07-21

900 Pepperell Ct
Heritage Hills Sec 01 $449,000 $279 3 bd / 2 ba 1,610 sqft , 2026-09-19

302 Delmar Ave #B
St John's Home Addn $435,000 $275 3 bd / 3 ba 1,580 sqft , 2026-04-09

206 E Wonsley Dr #1
St Anthony Village $435,000 $222 3 bd / 3 ba 1,963 sqft , 2026-03-20

9847 Childress Dr
Windsor Hills Sec 02 Ph 02 $435,000 $214 4 bd / 2 ba 2,036 sqft , 2026-09-03

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

$2,160/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

$90,000

20% conventional investment loan

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

Estimated Gross Rent+$2,160

Principal + Interest−$2,456

Property Tax (~2.1% TX avg)−$788

Insurance (~0.5%)−$188

Est. Monthly Cash Flow $-1,272

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 September 18, 2026.

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

903 Potomac Path