




$492,491
NAL Estimated Property Value1311 Cometa St, Austin, TX, 78721
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About this property
Discover the potential of 1311 Cometa St, an investment opportunity in the desirable Austin zip code of 78721. This property features two units: a main 4-bed, 2-bath house and a secondary 3-bed, 1-bath house, offering versatile possibilities for income or redevelopment. Built in 2003 and encompassing 2044 sq. ft. of combined space, the property includes a convenient carport for covered parking. Its dual-unit configuration is ideal for investors looking to capitalize on Austin's robust rental market or to explore new construction possibilities, with potential as a rebuild project. This property comes with the freedom of no HOA constraints, allowing investors to renovate and manage the property according to their strategic plans. Its location in East Austin is a burgeoning area known for its eclectic charm and proximity to downtown, making it a smart addition to any real estate portfolio. Take advantage of this opportunity to invest in a property with a multitude of possibilities in one of Austin's most vibrant communities.
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Learn About the Market: Opportunity in Austin




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Austin
Austin may be the Live Music Capital of the World, but it’s also one of America’s fastest-growing innovation hubs. Fueled by tech expansion, the University of Texas, state government, and a steady influx of new residents, Austin blends startup energy with Hill Country charm.
From downtown high-rises overlooking Lady Bird Lake to booming suburbs like Round Rock and Leander, the region attracts younger professionals, entrepreneurs, and remote workers seeking opportunity with lifestyle. Austin isn’t just growing — it’s redefining what modern Texas looks like.
Population Growth
~0.4%
Net Migration
Positive
Median Home Price
$555,300
Unemployment Rate
3.20%
Price Trend
~0.4% YoY growth
New Permits
2,269 units
City: Austin
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