Properties / Austin
2900 Castro St
This property is being displayed for real-estate discovery and analysis. It is not currently an investment offering through Realtix.
Overview
- Beds
- 5
- Baths
- 2
- Square feet
- 1,616
- Year built
- 1948
- Lot
- 5,963 sq ft
A 1948 tear-down on a 50 by 121 foot Govalle lot backing onto Boggy Creek, sold as a probate sale. Listed since January 2025 and cut from $545,000 to $489,000.
Financials
From the listing
| Asking price | $489,000 | Reported · MLS reported |
| Original list price | $545,000 | Reported · MLS reported |
| Price per sq ft | $303 | Calculated |
| Reported rent | Not disclosed by the listing | |
| Annual property tax | $10,559 | Reported · Public record |
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: Tear down and build new
Strengths
- Price cut five times since January 2025
- No neighbors directly behind
- Close to East Austin dining and parks
Risks
- Backs onto Boggy Creek, so floodplain and buffers need checking
- Probate sale timing
- House is a tear-down
Catalysts
- New home or small multi-unit under Austin HOME rules
Due diligence still needed
- Check the floodplain and creek buffer
- Confirm zoning
- Confirm probate status and closing timeline
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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Map
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Sources
- Listing source
- Homes.com · MLS #7760710
- Listing brokerage
- Keller Williams Realty · Allison Pflaum
- Last verified
- 2026-10-09
Annual property tax: Public record, as of 2026-10-08
Updates
- 2026-10-09 Listing checked against the source.