Active Listing  ·  75 days on market

1113 BLUEBONNET Ln

Austin, TX 78704
$1,067,000
4 Bed 2 Bath 2,137 sqft $499/sqft Built 1959 0.19 acres 2-Car Garage Pool SOUTH LUND PARK SEC 4

Walk to Barton Springs, Zilker Park, and all the great restaurants and local spots along Barton Springs Road!

Tucked away on a quiet cul-de-sac, this lovingly cared-for home sits on a beautiful lot with mature trees, a huge screened-in porch, a paver patio, and a storage shed. It's been exceptionally well maintained and is move-in ready.

Inside, you'll find wood floors throughout most of the home, maple kitchen cabinets with granite countertops and stainless appliancees, two fireplaces, two living areas, and tons of natural light from Anderson windows and high-quality sliding doors. Major updates include the HVAC system and roof.

The primary suite features a walk-in closet and a full bath. Downstairs, there's a great office with its own private entrance from the backyard—perfect for working from home or meeting clients.

A paver driveway leads to the attached two-car garage.

This is one of those classic old Austin homes that's been loved for years. Some buyers may want to update or remodel over time, but the more time I spent here, the more I appreciated its character. I think many people will be excited to move right in and enjoy it as it is.

At $499/sqft, this home is priced 27% above the Austin active market average of $392/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

1113 BLUEBONNET Ln, Austin, TX 78704

Property Details

Price $1,067,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths ,
Living Area 2,137 sqft
Lot Size 0.19 acres (8,189.28 sqft)
Year Built 1959
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision SOUTH LUND PARK SEC 4
County Travis
Zip Code 78704
$/sqft $499/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT238948106
List Date July 9, 2026
Elementary School Zilker
Middle School O Henry
High School Austin
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 →

Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · July 9, 2026 $1,199,000
Previous ask $1,139,000
Current ask $1,067,000
Reduced $132,000 (-11.0%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

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
2301 S 5th St #5
South 05 Amd
$1,090,000 $529 3 bd / 4 ba 2,060 sqft , 2026-06-22
1600 Barton Springs Rd #1201
Bartonplace Condo
$1,100,000 $645 3 bd / 3 ba 1,706 sqft , 2026-08-29
2105 Goodrich Ave #7
Barton Skyline Garden Homes
$1,015,000 $474 3 bd / 4 ba 2,141 sqft , 2026-08-06
2003 Wilson St #3
J Bouldin Residences
$999,000 $459 3 bd / 4 ba 2,178 sqft , 2026-04-02
2608 Del Curto Rd #3
Del Curto Condo
$987,000 $390 3 bd / 4 ba 2,530 sqft , 2026-04-16

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
$5,122/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
$213,400
20% conventional investment loan

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

Estimated Gross Rent+$5,122
Principal + Interest−$5,823
Property Tax (~2.1% TX avg)−$1,867
Insurance (~0.5%)−$445
Est. Monthly Cash Flow $-3,013

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 September 19, 2026.

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