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Properties / Austin

11223 Tom Sassman Rd

Southeast Austin, near SH 45 · Austin, TX 78747
Market listingDesk analysisSingle family
Asking$410,000
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This property is being displayed for real-estate discovery and analysis. It is not currently an investment offering through Realtix.

Overview

Beds
3
Baths
2
Square feet
1,264
Year built
1985
Lot
8.86 acres

Nearly 9 acres near US 183 and SH 45 with a 1985 home that needs significant renovation, a large workshop and a creek. Price has been cut five times, from $550,000 to $410,000.

Financials

From the listing

Asking price$410,000Reported · MLS reported
Original list price$550,000Reported · MLS reported
Price per sq ft$324Calculated
Reported rentNot disclosed by the listing

The pro forma appears once there is a price and a rent figure.

Realtix plan

Desk analysis complete, based on the listing and market data. Figures not confirmed by documents are marked as estimates. This is Realtix's own view, not investment advice.

Strategy: Acreage with a fixer home

Strengths

  • 8.86 acres for about $46,000 per acre
  • Workshop on site
  • Five price cuts since February 2026

Risks

  • Home needs major renovation
  • Creek may bring floodplain limits
  • Well and septic

Catalysts

  • Southeast Austin growth along SH 45 and SH 130

Due diligence still needed

  • Check floodplain coverage of the creek
  • Confirm zoning and whether it is in city limits
  • Well and septic inspections

Realtix screening score

Not scored yet. A score appears once there is a price, size, year built and an income figure.

Realtix preliminary screening score. Not investment advice, and it does not predict returns.

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Sources

Listing source
LandSearch · MLS #ABOR 1939445
Listing brokerage
Keller Williams Lake Travis · Jon Wilke
Last verified
2026-10-09

Updates

  • 2026-10-09 Listing checked against the source.