About This Home

Absolutely gorgeous .4252 Acre lot on one of Travis Heights' premier streets. 1960-vintage duplex is rentable but adds no value; property is being offered up as a building site. The lot is entirely under a canopy of HUGE multiple live oaks; most of them well located to allow for new construction. Recent tree and topo survey available. Lot slopes up from street to a flattish area where duplex is located; possibility of long views. There is nothing else like this in Travis Heights; plenty of land to allow for a large house without impervious cover or FAR difficulties. Take a drive by; you can walk the front of the lot but please do not disturb tenant. Footsteps from Stacy Park and Pool!! This is an estate, which may mean delayed closing but seller is willing to enter into a contract to purchase subject to completion of probate. Executor is sole heir.

Location

2103 Alta Vista Ave, Austin, TX 78704

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Property Details

Price $1,198,800

Status Active Listing

Beds ,

Full Baths ,

Half Baths ,

Living Area ,

Lot Size 0.42 acres (18,460.73 sqft)

Year Built ,

Garage ,

Stories ,

Type Land · Unimproved Land

Subdivision Travis Heights

County Travis

Zip Code 78704

$/sqft ,

Days on Market ,

HOA None / verify with agent

Annual Tax Est. $19,539.55

Pool ,

Waterfront ,

New Construction ,

MLS # ACT251290753

List Date October 30, 2026

Elementary School Travis Hts

Middle School Lively

High School Travis

School District Austin ISD

School District

Austin ISD

Travis Hts · Lively · Travis

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

2209 S 1st St #107
One Oak $849,000 $660 1 bd / 1 ba 1,286 sqft , 2026-04-21

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

$5,754/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

$239,760

20% conventional investment loan

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

Estimated Gross Rent+$5,754

Principal + Interest−$6,542

Property Tax (assumed ~2.1%)−$2,098

Insurance (assumed ~0.5%)−$500

Est. Monthly Cash Flow $-3,386

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 →

Neighborhood Context

About Travis Heights

Travis Heights is the neighborhood that South Austin residents fight over. Perched on hilly terrain south of the river between South Congress and Congress Avenue, it combines the best of South Austin's character - eclectic homes, mature trees, creative energy - with genuine walkability to one of Austin's best commercial corridors.

The streets roll up and down in a way that's unusual for Austin, creating sightlines and privacy that flat neighborhoods can't offer. Homes here range from original craftsman bungalows and Victorian cottages to architecturally significant modern builds taking advantage of the topography.

🛍️

South Congress Access

Walking distance to the South Congress corridor - Austin's most eclectic commercial street, with restaurants, bars, boutiques, and the Continental Club.

🌳

Mature Tree Cover

Some of the best tree canopy in South Austin. The hilly terrain means homes have natural privacy from the street and each other.

🏊

Big Stacy Park

Neighborhood park with a spring-fed swimming pool, tennis courts, and playground - a true community asset that's a short walk for most residents.

🏘️

Neighborhood Character

Architecture ranges from 1910 craftsman bungalows to striking modern infill. The variety is part of the appeal - no two blocks look the same.

Full Travis Heights Guide →

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 · 41 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. The written content was last updated on November 3, 2026.

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

2103 Alta Vista Ave

Location

Property Details

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Rental Income Potential

About Travis Heights

Major Employers Near Austin, TX

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