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36
Median Value at $1.15M, Rent Up 6%
Updated 13 days ago
Your Investment Paths
Turnkey Rental
The property at 1103 East 12th Street presents a strong rental opportunity in the current Austin market. With projected monthly income ranging from $4,818 to $7,017, this home is well-positioned to attract high-quality long-term tenants. Investors can anticipate an impressive rental yield of approximately 7.48 percent. Given the competitive monthly income potential and the property's prime location, this asset offers a compelling path for steady cash flow and portfolio growth.
More about this home
Neighborhood Assessment
Central East Austin, especially around 12th Street, is one of Austin’s most desirable—and price-verified—inner neighborhoods, combining urban walkability, exceptional downtown skyline views, and proximity to major amenities and employment centers. The micro-neighborhood (Anderson Hill/12 Waller) features modern single-family homes (built ~2013), low HOA fees, and allowance for short-term rentals, which is a major plus for investor flexibility. Nearby, you’ve got top-rated schools (Blackshear Elementary, Kealing Middle), but the high school is less competitive. Recent comps show homes in the 2,100–2,300 sqft range transacting between $840,000 and $1.01M, with this 4-bed, 4-bath home at 2,271 sqft currently listed near the top of that range, but it’s been on the market over 100 days with a $949K ask (down from $995K). The area is fully built-out, so new supply pressure is minimal, but the property’s $418/sqft price is aggressive vs. comps closer to $400/sqft. Walkability is high, but note that while flood risk is low, heat and wind risk are elevated—standard for Central Texas, but worth factoring into insurance and holding costs.
Market Activity
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Rental Income
$71K
Yield
7.5%
Year 1 Estimates
Fix-and-Flip
Updating your home is a fantastic way to elevate its appeal. Homes with recent improvements command a price of roughly 400 dollars per square foot compared to the baseline of 381, a positive 5 percent increase. This renovation boosts your sell potential significantly to 936,000 dollars and increases rental demand to 4,604 dollars monthly. These improvements create a modern, vibrant space that stands out to buyers and offers excellent long-term value.
Value Add
$44K
Post Typical Renovation
Buy-Rehab-Rent
This property offers solid BRR potential with a post-renovation value estimated between $847,000 and $936,000. Targeted updates could capture significant equity, aligning the asset with the local median price point and increasing overall market appeal. The projected annual rental income of $55,248 supports a reliable 6.2% yield. Given the strong rental demand and favorable location, this asset represents a stable long-term play for investors looking to balance appreciation with cash flow.
Rental Income
$55K
Yield
6.2%
Year 1 Estimates, Post Typical Renovation
Estimated value
$949K
$115.9K below comp median
Comparative Market Analysis
$953K – $1.4M
~407 days to sell
Based on 7 comps
1103 East 12th Street, Austin Investment Report: Flip & Rental Analysis · Frontflip