ActiveResidential · sale

11002 Highway Fm 969

Austin, TX 78724

$425,000

  • 2 beds
  • 1 baths
  • 1,355 sq ft
  • 0.4 acres
  • Built 1938

Listed by eXp Realty, LLC · MLS #ACT1507702

A FEW THINGS TO NOTICE

What stands out.

Living spaces

2 Bedrooms and a large living room or 3 office spaces for layout.

Year built

Built in 1938.

Property size

0.4 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

HIGHWAY FRONTAGE: An opportunity offering exceptional flexibility for business, investment, and live/work potential just minutes from Austin, Tesla and Airport. Situated on a secure 17,424 square foot lot with over 7,500 square feet of fenced space, this unique 1930’s Victorian-style property blends timeless character with modern updates and endless possibilities.

The main structure offers 1,355 square feet featuring soaring 10 foot ceilings, oversized 7 foot windows that flood the space with natural light, original hardwood floors, spacious open rooms, multiple office or studio spaces, a full kitchen, bathroom, bonus flex area, and additional outdoor storage. Updates include all new plumbing, partial electrical and heating and cooling systems. 2 Bedrooms and a large living room or 3 office spaces for layout.

Perfectly suited for entrepreneurs, creatives, investors, or owner-operators, the property offers incredible flexibility for a variety of uses including office space, studio, gallery, therapy practice, retail concept, construction business, showroom, shared creative workspace, or a true live/work setup that allows you to operate your business while living on-site.

The oversized lot provides ample room for expansion with potential for RV parking, additional structures, ADU opportunities, tiny home development, or future income-producing additions. High visibility frontage with thousands of vehicles passing daily creates exceptional exposure for any business, while six dedicated parking spaces add convenience for clients and visitors.

Conveniently located just 10 minutes from Austin-Bergstrom International Airport, 15 minutes from Downtown Austin, and only 8 minutes from the Tesla Giga factory, this property combines accessibility, character, income potential, and unmatched versatility in one truly unique East Austin opportunity.

THE NEIGHBORHOOD

Explore the location.

11002 Highway Fm 969, Austin, TX 78724

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1938
Full baths
1
Half baths
0
Garage spaces
0
Cooling
Wall/Window Unit(s)
Heating
Space Heater
Appliances
Gas Cooktop, Oven
Flooring
Wood
Fencing
Chain Link
Accessibility
None
Pool features
None
Subdivision
Irion James 03 01
Parcel
02024102150000
Elementary school
Del Valle
Middle school
Del Valle
High school
Del Valle
Annual property tax
$1,715.73

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase
Estimated monthly rent$1,770.83
Cap rate

Annual operating income:

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Your property and current assumptions will be included for our team to review.

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Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

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11002 Highway Fm 969, Austin, TX 78724 · MLS #ACT1507702

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Listing information

MLS #ACT1507702 · Austin Board of Realtors

Listing brokerage: eXp Realty, LLC
Listing agent: Pauly Campanaro

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.