Active Listing  ·  2 days on market

1060 Gardner None

Austin, TX 78721
$295,000
3 Bed 2 Bath 1,478 sqft $200/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 $200/sqft, this home is 49% below the Austin active market average of $392/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 $295,000
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 $200/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $1,671.37
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT249068701
List Date October 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
1006 Lott Ave
Green Valley 02
$299,000 $292 3 bd / 2 ba 1,024 sqft , 2026-10-07
1112 Terry Dr
Hobbs Add
$275,000 $181 4 bd / 4 ba 1,521 sqft , 2025-10-13
1107 Gardner Cv
Johnston Terrace Sec 05
$275,000 $235 4 bd / 2 ba 1,170 sqft , 2026-07-30
1113 Ebert Ave
Brooksdale
$325,000 $208 3 bd / 2 ba 1,560 sqft , 2026-09-29
1122 Spur #D St #D
Pecan Valley
$330,000 $288 3 bd / 2 ba 1,144 sqft , 2026-05-14

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
$1,416/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
$59,000
20% conventional investment loan

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

Estimated Gross Rent+$1,416
Principal + Interest−$1,610
Property Tax (~2.1% TX avg)−$516
Insurance (~0.5%)−$123
Est. Monthly Cash Flow $-833

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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About the Author
Luke Allen, Austin TX Realtor, TREC #788149
Luke Allen
Licensed Austin TX Realtor · TREC #788149 · Full-time since 2019
★★★★★ 5.0 on Google · 30 Reviews

Luke Allen is a full-time Austin TX Realtor with the Austin Marketing + Development Group brokerage. He works with buyers, sellers, and investors across every Austin ISD and the surrounding neighborhoods, from Downtown and East Austin to Round Rock, Cedar Park, and the Hill Country. Every page on this site is written and maintained by Luke. This page was last updated on October 7, 2026.

📞 (254) 718-2567 [email protected] More about Luke →