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Crystal Olenbush

512-344-6000
  • 1042 Rosemont Street 1

  • $499,999 REDUCED
  • 3 Beds, 4 Bath, 1648 SQ. Feet, 0.17 Acres Residential Austin, TX 78723

Spacious and modern East Austin investment opportunity! This newly built 3-bedroom, 3.5-bath home offers a bright open-concept layout, high ceilings, contemporary finishes, and a private outdoor space — all while functioning like a standalone single-family residence. The home features a studio above the garage with a full bath and kitchenette, currently open to the main unit but easily adaptable to be walled off and converted into a separate rental space. Tenant-occupied and income-producing, making it an easy turnkey addition to any portfolio. With no HOA fees and no known rental restrictions, this property is ideal for long-term renting, house hacking, or maintaining future flexibility. Special Financing Incentives + Owner Financing Available! This home qualifies for 100% financing with no PMI through our preferred lender. Buyers may be eligible for 0% down, no private mortgage insurance, and a competitive 30-year fixed rate. Additionally, owner financing may be available, providing buyers with an alternative path to ownership and expanded purchase options. Terms are negotiable based on buyer qualifications. Contact the listing agent for full details, available owner-finance terms, or a direct lender introduction with personalized estimates.

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Essential Information

  • MLS® #9305736
  • Price$499,999
  • Bedrooms3
  • Bathrooms4.00
  • Full Baths3
  • Half Baths1
  • Square Footage1,648
  • Acres0.17
  • Year Built2024
  • TypeResidential
  • Sub-TypeSingle Family Residence
  • StatusActive

Community Information

  • Address1042 Rosemont Street 1
  • SubdivisionClaircrest Add Sec 01
  • CityAustin
  • CountyTravis
  • StateTX
  • Zip Code78723

Amenities

  • FeaturesNone
  • # of Garages1
  • ViewNone
  • WaterfrontNone

Utilities

Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected, Cable Connected, Phone Connected

Parking

Driveway, Garage, Garage Faces Side

Interior

  • InteriorVinyl
  • HeatingCentral
  • CoolingCentral Air, Ceiling Fan(s)
  • FireplacesNone
  • # of Stories2
  • StoriesTwo

Appliances

Dishwasher, Free-Standing Electric Range, Disposal, Microwave, Electric Cooktop, Free-Standing Gas Range

Exterior

  • Exterior FeaturesNone
  • Lot DescriptionNone
  • RoofComposition, Shingle
  • FoundationSlab

Windows

Double Pane Windows, Low Emissivity Windows

Construction

Board & Batten Siding, Cement Siding

School Information

  • DistrictAustin ISD
  • ElementaryPickle
  • MiddleWebb
  • HighNortheast Early College

Map & Directions

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Price Change History for 1042 Rosemont Street 1, Austin, TX (MLS® #9305736)

Date Details Price Change
Price Reduced (from $510,500) $499,999 $10,501 (2.06%)

Property Listed by: Compass Re Texas, Llc

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from February 15th, 2026 at 4:30am CST. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.

All information provided is deemed reliable but is not guaranteed and should be independently verified.