Active Listing  ·  29 days on market

1060 Gardner None

Austin, TX 78721
$305,000
3 Bed 2 Bath 1,478 sqft $206/sqft Built 1968 0.24 acres Pool Johnston Terrace

Discover a unique opportunity to embrace the vibrant Austin lifestyle in a home perfectly designed for both relaxation and entertaining. This delightful residence offers a functional layout that seamlessly blends comfort with practicality, making it an ideal gathering place for all occasions. The property boasts a generous living area of 1478 square feet, providing ample space for everyday living and special events. Situated on a quarter-acre lot, the outdoor space is a true highlight, offering abundant room for backyard entertainment within its securely fenced perimeter. A robust chainlink fence and gate ensure privacy and peace of mind, creating a wonderful environment for outdoor enjoyment. This single-story home provides convenience and easy access throughout, contributing to a comfortable living experience. Located in a desirable Austin neighborhood, it offers a harmonious balance between peaceful residential living and access to local amenities. This property truly represents an exceptional chance to create lasting memories in a dynamic community.

At $206/sqft, this home is 47% below the Austin active market average of $391/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

1060 Gardner None, Austin, TX 78721

Property Details

Price $305,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,478 sqft
Lot Size 0.24 acres (10,497.96 sqft)
Year Built 1968
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Johnston Terrace
County Travis
Zip Code 78721
$/sqft $206/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $1,671.37
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT238827736
List Date July 6, 2026
Elementary School Ortega
Middle School Martin
High School Eastside Early College
School District ,

Luke Allen (TREC #788149) has deep knowledge of Austin and surrounding markets. Whether you're buying, selling, or just researching comparable sales, reach out for a no-pressure conversation.

Schedule a Call →

Similar Homes on the Market in Austin

Comparable Listings Right Now

Homes currently for sale in Austin with similar bedroom count, size, and price range, giving you real-time context for how this property's asking price compares to the active market.

AddressList Price$/sqftBeds/BathsSqftDOMListed
9015 Cattle Baron Path #2001
Goodnight Ranch
$305,000 $204 3 bd / 3 ba 1,493 sqft , 2025-10-30
512 Shep St
Park Ridge
$305,000 $280 2 bd / 2 ba 1,090 sqft , 2026-04-09
6204 Shadow Bnd
Sweetbriar Village
$305,000 $273 3 bd / 2 ba 1,116 sqft , 2026-04-10
2106 Ponciana Loop
Peppertree Park Sec 05
$305,000 $233 4 bd / 2 ba 1,309 sqft , 2026-01-31
1912 Lightsey Rd #4
1912 Lightsey Condominiums
$305,000 $298 2 bd / 2 ba 1,024 sqft , 2026-05-16

Source: ACTRIS MLS, live listings. Similar by ±1 bed, ±35% price, ±35% sqft. Contact Luke for a formal comparative market analysis.

Investment Analysis

Rental Income Potential

The numbers below use conservative Austin-market assumptions. They are estimates, not a guarantee. Actual rents vary by condition, timing, and management. Read our full Austin rental property guide →

Est. Monthly Rent
$1,464/mo
0.48% rule · conservative Austin est.
Gross Yield
5.76%
Annual rent ÷ purchase price
Cap Rate (est.)
3.46%
NOI after 40% vacancy + expenses
Down Payment
$61,000
20% conventional investment loan

Monthly Cash Flow Breakdown (20% down · 7.25% rate)

Estimated Gross Rent+$1,464
Principal + Interest−$1,665
Property Tax (~2.1% TX avg)−$534
Insurance (~0.5%)−$127
Est. Monthly Cash Flow $-862

At current rates and prices, many Austin luxury properties run neutral or slightly negative on pure cash flow, appreciation and equity paydown are the primary return drivers. BRRRR and off-market acquisitions can improve day-one cash flow. Learn about the BRRRR method in Austin →

Commute & Employment

Major Employers Near Austin, TX

Austin sits within commuting range of Austin's major tech, manufacturing, and corporate campuses. Approximate drive times from this area:

Tesla Gigafactory 15-25 min E
Apple Campus (Domain) 20-30 min N
Google / Meta / Indeed 10-15 min downtown
Dell Medical School / UT Austin 10-20 min
Samsung Austin Semiconductor 25 min N

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