About This Home

Wooded 1/4 acre in Crestview 78757 Opportunity!!!

Home has 2 bedrooms & a den~5 mature 40’ pecan trees surround the perimeter of this beautiful homesite. Near acclaimed Brentwood Elementary, this level site has plenty of room for 2 spacious homes. City water, sewer, and power available to site.

At $491/sqft, this home is priced 26% above the Austin active market average of $391/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

1106 Justin Ln, Austin, TX 78757

Open in Google Maps ↗ Get Directions ↗

Property Details

Price $550,000

Status Active Listing

Beds 2

Full Baths 1

Half Baths ,

Living Area 1,121 sqft

Lot Size 0.24 acres (10,288.87 sqft)

Year Built 1949

Garage ,

Stories ,

Type Residential · Single Family Residence

Subdivision Crestview Add Sec 01

County Travis

Zip Code 78757

$/sqft $491/sqft

Days on Market ,

HOA None / verify with agent

Annual Tax Est. $11,079.51

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT242203806

List Date August 3, 2026

Elementary School Brentwood

Middle School Lamar (Austin ISD)

High School McCallum

School District ,

Have Questions About This Property?

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

311 W 5th St #704
Plaza Lofts Condo Amd $550,000 $468 1 bd / 1 ba 1,176 sqft , 2026-02-05

800 Embassy Dr #337
Tyndall at Robertson Hill Condominiums $550,000 $409 2 bd / 2 ba 1,344 sqft , 2025-09-11

1701 Simond Ave #304
Parkside/Mueller Condos $550,000 $473 2 bd / 2 ba 1,162 sqft , 2026-04-23

4120 Valley View Rd #B
4120 Valley View Condo $550,000 $397 2 bd / 3 ba 1,385 sqft , 2026-05-28

1308 May Dr
Four Seasons Fall Sec $550,000 $387 3 bd / 2 ba 1,420 sqft , 2026-06-26

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

$2,640/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

$110,000

20% conventional investment loan

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

Estimated Gross Rent+$2,640

Principal + Interest−$3,002

Property Tax (~2.1% TX avg)−$963

Insurance (~0.5%)−$229

Est. Monthly Cash Flow $-1,554

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 →

Neighborhood Context

About Crestview

Crestview has emerged over the past decade as one of Central Austin's best value stories - a neighborhood of genuine mid-century character that offers more home for the money than adjacent Hyde Park or Rosedale, while sharing many of the same location advantages. The neighborhood sits north of 45th Street between Lamar and Burnet Road, placing it equidistant between downtown Austin and the Domain tech corridor.

The commercial corridors bordering Crestview are some of North Austin's most interesting. Burnet Road to the west has become one of Austin's hippest streets - Epoch Coffee, the Violet Crown Social Club, 24 Diner, and dozens of bars and restaurants that have transformed the strip over the past decade. The neighborhood attracts a mix of young families, professionals in their 30s and 40s, and buyers who want mid-century architecture without the premium of Hyde Park or Rosedale.

🏠

Mid-Century Architecture

A high concentration of intact 1950s ranch homes and mid-century modern designs. Original details - terrazzo floors, clerestory windows, open beams - are common in well-preserved examples.

🍺

Burnet Road Corridor

One of Austin's most dynamic commercial strips runs along the neighborhood's western edge. Epoch Coffee, Violet Crown Social Club, 24 Diner, and dozens more restaurants and bars within easy walking or biking distance.

💰

Best Value in Central Austin

Crestview consistently offers lower prices per square foot than Hyde Park, Rosedale, or Tarrytown for comparable central location and school quality. The gap has been closing - buyers who moved in early have seen exactly this play out.

🎓

McCallum High School

McCallum's Fine Arts Academy is one of AISD's most distinctive programs - a magnet school known for music, theater, and visual arts that draws students from across the district. A genuine asset for families with creative kids.

Full Crestview Guide →

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

1106 Justin Ln