FOR_SALEAverage Deal213 days on market

1160 Nickols Ave #A

1160 Nickols Ave #A, Austin, TX 78721, Austin, TX 78721
$375,000

Listing Price

Property image 1
1160 Nickols Ave #A, Austin, TX 78721
Loc: Austin, TX
Days Listed
213
Tax Assessed
$698k
Lot Size
4,918 sqft
Type
single family

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

2

Norman Elementary School

PK-5
0.7 mi away
3

General Marshall Middle

6-7
1.5 mi away
3

Northeast Early College High School

9-12
3.3 mi away
Haven Underwritten Market·Moderate (1.10 - 1.24x)

Austin, TX Investment Analysis (2026)

Cap Rate Range: 5.1% - 6.2% · Median Rent: $2,950/mo · Effective Tax: 1.8%

Open Austin Market Underwrite

Property Overview

A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.

Features & Amenities

Open Floor PlanHardwood FloorsModern KitchenStainless Steel AppliancesCentral Heat/AirLarge BackyardParkingNear Transit

Haven AI Verdict

Recommendation
Average
Confidence Score: 6/10
Exercise caution due to potential market volatility.
Cap Rate
6.09%
Total ROI
20.1%
Cash Flow
$5/mo
DSCR
1.00
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Data provided by Haven AI. Disclaimer

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Haven AI

At a purchase price of $375,000, this Austin property presents a modest yield profile. While the reported monthly cash flow of $5,442 appears unusually high for a single-family home in this price range, a conservative analyst must view such figures with extreme skepticism, as they likely neglect long-term maintenance, property taxes, insurance, and vacancy rates. If these figures are gross rental income rather than net cash flow, the true return on investment may be compressed by Austin's escalating property tax burden. The property offers a stable footprint and decent square footage, but potential investors should conduct rigorous due diligence on expense ratios before projecting long-term viability in a cooling market.

Strengths
  • Competitive price point for the Austin metropolitan area
  • Functional 3-bed/3-bath layout ideal for tenant retention
  • Reasonable appreciation potential in established corridors
Considerations
  • Unrealistic net cash flow claims requiring verification
  • High Texas property tax rates impacting net yield
  • Market volatility in Austin post-pandemic
  • Potential for undisclosed deferred maintenance costs
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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-08-20Listed for sale$375,000$196
2026-02-18Pending sale$375,000$196
2026-02-02Listed for sale$375,000$196
2025-05-02Listing removed$570,000$298
2025-01-22Contingent$570,000$298
2024-10-04Price change$570,000$298
2024-08-08Price change$575,000$300
2024-08-01Price change$590,000$308
2024-07-12Price change$595,000$311
2024-06-19Listed for sale$600,000$313
2021-08-02Listing removed$0
2021-07-24Price change$714,900$374
2021-06-25Listed for sale$749,900$392

Tax History

YearProperty TaxTax Assessment
2025$14,291.71$698,354
2024$15,654.92$789,928
2023$10,111.6$669,773
2022$10,549.19$608,885
2021$0$553,532
2020$10,828.93$535,078
2019$10,445.32$535,078
2018$9,055.04$494,156
2017$9,055.04$449,233
2016$0$408,394
2015$0$338,657
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
3
Baths
3
Sq Ft
1,914
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Sources:MLS List Price: $375,000Rent Basis: Modeled Estimate ($3,000/mo)State Tax Benchmark: 1.8% (TX)Hazard Reserve: $188/mo
Haven ScoreRisky
0/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
3.44%

NOI: $12,894/yr

Cash-on-Cash Yield
-12.1%

On $86,250 invested

DSCR Ratio
0.55x

Negative debt coverage

5-Yr Leveraged ROI
+33.6%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
Property Taxes (1.8% of basis)-$1,048/mo
Homeowner / Hazard Insurance-$188/mo
Vacancy Reserve (5% of rent)-$150/mo
Repairs & Maintenance (10% of rent)-$300/mo
Property Management (8% of rent)-$240/mo
Total Pure Operating Expenses-$1,926/mo
Net Investor Cash Flow
Gross Scheduled Rent+$3,000/mo
Less: Operating Expenses-$1,926/mo
Net Operating Income (NOI)+$1,074/mo
Less: Debt Service (30yr @ 6.75%)-$1,946/mo
Net Cash Flow
$-871/mo
$-10,456/year
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1160 Nickols Ave #A | Austin, TX | Haven AI Analysis | Haven by ScoutHavens