Active Listing  ·  27 days on market

1101 1/2 Fiesta St #1

Austin, TX 78702
$800,000
4 Bed 3 Bath 2,009 sqft $398/sqft Built 2020 0.07 acres 1-Car Garage Pool Glenmar

Behind a private, gated entrance in the heart of East Austin, this modern Fiesta Street retreat unfolds as a masterclass in design, where historic soul meets a vibrant designer pulse-perfectly set just minutes from both downtown and the airport. The experience begins the moment the automatic gate glides shut behind you, creating a private, quiet world framed by meticulous turf and the shade of a flourishing pear tree. It’s a space that feels established and intentional before you even step inside. The entry is a rare find—a dedicated mudroom acts as a thoughtful transition from the outside world. Great for shoes, strollers, umbrellas and rhe like. As you move through the home, the natural light catches every curated detail, from the textured beauty of imported English wallpaper to the glow of custom fixtures that feel more like art than hardware. Custom shutters throughout add a sophisticated designer vibe while offering control over the home’s bright, airy atmosphere. The main level features a secondary bedroom and full bath perfect for guests, allowing privacy for the homeowner and their guests alike. The primary suite is a true retreat on the second level, complete with a private balcony for morning coffee and a stunning ensuite bath. Upstairs, the top floor is a "modern tree-fort" vibe nestled in the canopy of a lush magnolia tree beyond the glass. Whether tucked away in the office nook or relaxing in the lounge, it’s a peaceful escape that feels miles away from the city below. Off the kitchen you’ll find a motorized screened-in patio is a year-round sanctuary for slow afternoons, opening up to a low-maintenance yard and a perfect spot for firepit nights and stargazing. When you decide to head out, the best of the Eastside is just a walk or bike ride away. You’re just minutes from neighborhood favorite breweries and local shops, including best of Austin winners like Desnudo and Cavalier. This isn't just a house; it’s a thoughtful, curated piece of Austin living.

At $398/sqft, this home is priced 2% above the Austin active market average of $390/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

1101 1/2 Fiesta St #1, Austin, TX 78702

Property Details

Price $800,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,009 sqft
Lot Size 0.07 acres (3,249.58 sqft)
Year Built 2020
Garage 1 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Glenmar
County Travis
Zip Code 78702
$/sqft $398/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $13,684
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT249943127
List Date October 16, 2026
Elementary School Oak Springs
Middle School Kealing
High School Eastside Early College
School District Austin ISD

Austin ISD

Oak Springs · Kealing · Eastside Early College

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.

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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
3129 Govalle Ave
Villa Govalle
$799,950 $415 3 bd / 3 ba 1,928 sqft , 2026-06-25
3528 Gonzales St #2A None
Grange Commons
$799,000 $430 3 bd / 4 ba 1,860 sqft , 2026-09-04
1117 Gunter St #1
H A Add
$799,000 $458 3 bd / 3 ba 1,743 sqft , 2026-10-09
1203 Cedar Ave
Glenwood Add East Austin Amd
$799,000 $457 3 bd / 3 ba 1,750 sqft , 2026-10-30
2301 East 2nd St #2
Jones F H
$795,000 $497 3 bd / 4 ba 1,600 sqft , 2026-09-12

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
$3,840/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
$160,000
20% conventional investment loan

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

Estimated Gross Rent+$3,840
Principal + Interest−$4,366
Property Tax (assumed ~2.1%)−$1,400
Insurance (assumed ~0.5%)−$333
Est. Monthly Cash Flow $-2,259

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 · 41 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. The written content was last updated on October 25, 2026.

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

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