Active Listing  ·  21 days on market

9106 Capitol Dr

Austin, TX 78753
$225,000
3 Bed 2 Bath 1,400 sqft $161/sqft Built 1955 0.27 acres Pool Georgian Acres

INVESTOR & BUILDER OPPORTUNITY! Unlock the potential of this North Austin property sitting on a .27-acre lot in an established and highly desirable location. Whether you’re an investor, builder, developer, or buyer looking for your next project, this property offers an opportunity to reimagine the site and create something new.

Recent updates within the past two years include a new HVAC system and water heater, but the existing home may require significant renovation. For the right buyer, this creates an opportunity to pursue a major renovation, reconstruction, or potential redevelopment—subject to zoning, permitting, site conditions, and buyer due diligence.

Location is a major asset. Conveniently situated near major roads with easy access to Downtown Austin, The Domain, Mueller, shopping, dining, entertainment, and major employment centers. The surrounding area combines established neighborhoods with ongoing investment and development, making this an attractive location for those looking for long-term potential.

Bring your vision, your plans, and your construction team. This is an opportunity to take an existing property and potentially transform it into something that better reflects today’s market and your investment strategy.

Property is being sold AS-IS, WHERE-IS, with no repairs or warranties from the seller. Buyer is responsible for all inspections and independently verifying square footage, lot dimensions, zoning, permitted uses, setbacks, utilities, restrictions, permits, development options, and the feasibility of any proposed renovation, reconstruction, or redevelopment.

Investors. Builders. Developers. A .27-acre North Austin opportunity with plenty of potential—come explore what’s possible.

At $161/sqft, this home is 59% 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

9106 Capitol Dr, Austin, TX 78753

Property Details

Price $225,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,400 sqft
Lot Size 0.27 acres (11,704.57 sqft)
Year Built 1955
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Georgian Acres
County Travis
Zip Code 78753
$/sqft $161/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $6,266.07
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT245580076
List Date September 2, 2026
Elementary School Barrington
Middle School Webb
High School Navarro Early College
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 →

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
1105 Blue Ridge Dr
Crown Ridge Village Sec 01
$225,000 $201 2 bd / 1 ba 1,117 sqft , 2026-06-10
9622 Covey Ridge Ln
Park At Quail Creek Amd
$229,000 $246 2 bd / 1 ba 930 sqft , 2026-07-23
1010 W Rundberg Ln #30
Summertree Condo
$239,000 $204 2 bd / 2 ba 1,170 sqft , 2026-08-31
911 W Village Ln
Park At Quail Creek Sec 02
$240,000 $211 3 bd / 2 ba 1,137 sqft , 2026-09-03
9602 Covey Ridge Ln
Park At Quail Creek Amd
$245,900 $199 3 bd / 2 ba 1,237 sqft , 2026-08-06

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
$1,080/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
$45,000
20% conventional investment loan

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

Estimated Gross Rent+$1,080
Principal + Interest−$1,228
Property Tax (~2.1% TX avg)−$394
Insurance (~0.5%)−$94
Est. Monthly Cash Flow $-636

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

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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 11, 2026.

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