25
Map
$449,000
●
House -
For Sale
1007 Prospect Ave
Austin, TX 78702
2 Beds
1 Bath
702 Ft²
$3,054
Est. Monthly
2.37%
Cap Rate
About This Property
East Austin charm & attention to detail abounds within this stylish
2 bed, 1 bath single family home! Live your best Austin life from
this dreamy, sanctuary of a home. Natural light & warm custom
details combine with the neighborly privacy offered by a corner
lot. Custom craftsman wood detailing and cabinetry, butcher block
counter tops with matching kitchen island, stainless appliances,
under cabinet lighting, modern light fixtures. The bathroom is the
piece to resistance with clawfoot tub, two windows, large built in
medicine cabinet, low flow toilet & tankless water heater. Walking
& biking distance to Ladybird / Town Lake, town lake trail,
downtown & too many legendary Austin spots to list, so check out
the surrounding map! If you are looking for a central yet serene
place to lay your head, host friends and be your personal spring
board to all that Austin has to offer, welcome home!
Unit Size
702 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$640
Property Type
House
Property Taxes
$849
HOA Dues
-
Year Built
1940
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 months ago (Unlock MLS #ACT9458376)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 3, 2026 | Listed by The Stiles Agency | $449,000 | |
| Listed by The Stiles Agency | |||
Property Highlights
Fireplace
Parking Details
Parking Features: Gated, Outside
Interior Details
Full Bathrooms: 1
Interior Features: Breakfast Bar, Beamed Ceilings, Kitchen Island, Open Floorplan, Ceiling-Vaulted, Primary Bedroom on Main
Appliances: Dishwasher, Gas Range, Microwave, Free-Standing Range, Refrigerator, Stainless Steel Appliance(s), Tankless Water Heater
Flooring Type: Tile, Vinyl
Fireplace Features: None
Exterior Details
Square Footage: 702
Square Footage Source: $0
Green Sustainability
Property Condition: Resale
Year Built Source: Public Records
Year Built: 1940
Waterfront Features: None
Levels: One
Other Structures: None
Window Features: Aluminum Frames
Construction Materials: Frame
Patio and Porch Features: Awning(s), Deck
Pool Features: None
Lot Features: Corner Lot, Pie Shaped Lot, Wooded
Lot Size Area: 5096.52
Lot Size Units: Square Feet
Lot Size Acres: 0.117
Lot Size Square Feet: 5096.52
Water Source: Public
Financial Details
Tax Map Number: 1
Tax Assessed Value: $450,004
Tax Annual Amount: $10,184
Utilities Details
Cooling Type: Electric
Heating Type: Electric
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
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HOA + Taxes
About Central East Austin
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Listed by: Elizabeth Emberson
Listed Office: The Stiles Agency - Listing courtesy of Unlock MLS
Phone: (512) 663-7619
Last Updated: 2026-09-04 04:09:41
Data Source: Unlock MLS, MLS# ACT9458376
Details provided by Unlock MLS as Distributed by MLS Grid and may not match the public record.
Listed Office: The Stiles Agency - Listing courtesy of Unlock MLS
Phone: (512) 663-7619
Last Updated: 2026-09-04 04:09:41
Data Source: Unlock MLS, MLS# ACT9458376
Based on information from Unlock MLS (alternatively, from ACTRIS). Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website.
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