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SILENT MARKET | SOUTH AUSTIN Nordham Drive, Austin, Texas 78745 For Sale | 3 Bed | 2 Bath | 1,194 Sq. Ft. | 2-Car Garage | Offered at $415,000

$415000

MLS# For Sale

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SILENT MARKET | SOUTH AUSTIN
 Nordham Drive, Austin, Texas 78745

For Sale | 3 Bed | 2 Bath | 1,194 Sq. Ft. | 2-Car Garage | Offered at $415,000


Newly Updated. Freshly Leased. Cash Flow Ready — Day One.

Offered quietly in one of South Austin’s most established and accessible close-in neighborhoods,  Nordham Drive is a move-in ready, recently upgraded three-bedroom, two-bath home in the Cherry Creek neighborhood of 78745 — just leased to a quality single tenant at $2,150 per month for one year. No vacancy. No deferred improvements. No complexity. Just a clean, income-producing South Austin asset at a sensible price.

Ideal for investment buyers, 1031 exchange buyers, and future owner-occupants alike.


The Single Family Home

Built in 1977 and thoughtfully maintained, this single-story 1,194 square foot residence received a meaningful package of interior improvements in March 2025 — already completed, already tenant-approved:

  • New flooring throughout

  • New carpet in bedrooms

  • New French doors at the rear of the home — opening directly to the backyard

Additional interior features include a cozy fireplace in the main living room and granite countertops in the kitchen — finishes that photograph well, attract quality tenants, and hold their appeal for owner-occupants.

The floor plan is practical and well-configured: the primary bedroom sits privately on the left side of the home, with two secondary bedrooms and a full bathroom on the right — a classic split that gives the primary suite genuine separation from the rest of the living space.


The Property

  • Living Area: 1,194 sq. ft.

  • Lot Size: 6,882 sq. ft.

  • Garage: Attached 2-car — a meaningful differentiator in the South Austin rental market

  • Backyard: Large, tranquil, and heavily shaded by mature trees — fully wooden fenced for privacy

  • Patio: Rear patio for outdoor relaxation, accessible via new French doors

  • Storage Shed: On-site and in current tenant use

  • Fireplace: Yes — living room

  • Kitchen: Granite countertops

  • Year Built: 1977


The Income

Just leased in 2025 to a single, vetted tenant (one dog permitted) at $2,150/month on a one-year lease. The next owner steps directly into a performing asset with zero lease-up risk, zero vacancy period, and zero immediate capital requirements — the March 2025 improvements have already been made.

Asking Price $415,000
Current Rent $2,150 / month
Annual Gross Rent $25,800
Lease Duration 1 year
Tenant Profile Single tenant, 1 dog
Recent Improvements New floors, carpet & French doors (March 2025)
Garage Attached 2-car
Lot Size 6,882 sq. ft.
Living Area 1,194 sq. ft.
Seller’s Disclosure Available upon request
Market Status Silent — not listed on MLS

The Neighborhood — Cherry Creek, 78745

Cherry Creek is a well-established South Austin residential neighborhood that delivers the substance of close-in Austin living without the price premium of 78704. Positioned near the intersection of William Cannon Drive and Westgate Boulevard,  Nordham Drive offers easy access to:

  • Downtown Austin — genuinely close-in by South Austin standards

  • Westgate retail and dining — everyday conveniences within minutes

  • Mopac Expressway and South Lamar — efficient connectivity across the metro

The 78745 zip code has demonstrated consistent rental demand and steady appreciation — a reliable, workhorse market for long-term investors who value stability over speculation.


Offered quietly. Seller’s Disclosure available. Buyers contact the listing broker directly.


Contact the Listing Agent:

George Vance McGee
Austin Silent Market | Broker Associate
512.657.9281
georgevance@gmail.com

For showings, offers, property details, and contract work — contact George directly.

George Vance McGee

 

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