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$499,999
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Property Description
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 also 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. Ask about seller credits and flexible incentives that can be applied toward closing costs or a rate buydown. Contact the listing agent for full details, available owner-finance terms, or a direct lender introduction with personalized estimates.
Full Property Details
Full Property Details for 1042 Rosemont St #1
General
- Price: $499,999
- Taxes: $10,997 (2024)
- Status: Active
- Type: Single Family
- Source: Austin_MLS
- MLS ID: 9305736
- Updated: 1/15/2026
- Added to Site: 185 day(s) ago
Interior
- Interior Features: Ceiling Fan(s), Quartz Counters, Recessed Lighting, Walk-In Closet(s)
- Fireplace(s): None
- Appliances: Dishwasher, Electric Cooktop, Free-Standing Electric Range, Free-Standing Gas Range, Disposal, Microwave
- Flooring: Vinyl
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 3
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Laundry Closet, In Hall, In Unit, Upper Level
Additional Information
- Shared Amenities: None
- Spa Description: None
- Security/Safety: Prewired
Exterior
- Exterior Features: None
- Porch/Patio/Deck: Rear Porch, Front Porch
Parking
- Garage: Yes
- Garage Spaces: 1
- Covered Spaces: 1
- Total Spaces: 3
- Parking Features: Driveway, Garage, Garage Faces Side
Location
- Area: 3
- County: Travis
- Subdivision: Claircrest Add Sec 01
- Driving Directions: Heading South on I35, take exit 240 for Exit 240A toward US-183/St Johns Ave/Andersson Ln, turn left onto E St Johns Ave, continue straight to stay on E St Johns Ave, turn left onto Meador Ave, property is on the left.
- Direction Faces: Southeast
School Information
- Elem School District: Austin ISD
- Midd School District: Austin ISD
- High School District: Austin ISD
- Elementary School: Pickle
- Middle School: Webb
- High School: Northeast Early College
Community
- Association: Yes
- Assoc. Name: 1042 Rosemont Condominiums
- Assoc. Fees Include: See Remarks
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Structural Information
- Detached/Attached: Detached
- Construction: Board & Batten Siding, Cement Siding
- Roof: Composition, Shingle
- Windows: Double Pane Windows, Low-Emissivity Windows
- Stories/Levels: 2
- Square Feet: 1,648
- Sq. Ft. Source: Builder
- Living Area: 1,648 Sq. Ft.
- Year Built: 2024
- Year Built Source: Builder
- Property Condition: Resale
Additional Structures
- Other Structures: Garage Apartment, Guest House, Guest HouseAttached, None, See Remarks
Lot Features
- Lot Size (Acres): 0.1745
- Lot Size (Sq. Ft.): 7,601.22
- Lot Dimensions: 46 x 162
- Fence: Yes
- Lot Features: None
- Fencing (Description): Back Yard, Wood
Financial Considerations
- Assoc Fee Freq.: See Remarks
- Assessment Amount: $554,894
- Tax Amount: $10,997
- Tax Year: 2024
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: LOT 3 BLK C CLAIRCREST ADDN SEC 1
- Disclosures/Reports: None
- Property ID: 1042 Rosemont Unit 1
- Block: C
- Lot Number: 3
Listed by Compass RE Texas, LLC
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Schools
Schools serving 1042 Rosemont St #1
School District:Austin Independent School District
| Name | Grades | Distance |
|---|---|---|
Harris Elementary School 1711 Wheless Lane, Austin, TX 78723 | K-5 | 0.7 mi |
Webb Middle School 601 East Saint Johns Avenue, Austin, TX 78752 | 6-8 | 1 mi |
Northeast Early College High School 7104 Berkman Drive, Austin, TX 78752 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1042 Rosemont St #1
Date
Details
Price
Change
Source
12/11/2025
Price Reduced
$499,999
-2.06%
MLS
7/18/2025
Listed
$510,500
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1042 Rosemont St #1
Year
Property Taxes
Change
Tax Assessment
Change
2024
$10,997
—
$747,263
35%
2024
$10,997
13%
$554,894
53%
2022
$9,754
—
$363,524
-26%
2022
$9,754
44%
$493,887
58%
2021
$6,792
8%
$312,029
11%
2020
$6,266
1%
$281,400
-3%
2020
$6,202
24%
$289,143
27%
2018
$4,982
69%
$226,829
74%
2016
$2,940
—
$130,559
-1%
2017
$2,940
-12%
$131,841
-10%
2015
$3,352
8%
$145,969
13%
2013
$3,101
-3%
$129,397
3%
2014
$3,200
—
$125,898
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1042 Rosemont St #1
1042 Rosemont Street #1, Austin, TX 78723 (MLS# 9305736) is a Single Family property with 3 bedrooms, 3 full bathrooms and 1 partial bathroom. 1042 Rosemont Street #1 is currently listed for $499,999 and was received on July 18, 2025. Want to learn more about 1042 Rosemont Street #1? Do you have questions about finding other Single Family real estate for sale in Austin? You can browse all Austin real estate or contact a Coldwell Banker agent to request more information.

