Active Listing  ·  13 days on market

1174 Oak Grove Ave #3

Austin, TX 78702
$925,000
4 Bed 3 Bath 1,975 sqft $468/sqft Built 2026 0.18 acres 1-Car Garage Pool New Construction Homewood Heights

1174 Oak Grove Avenue presents a rare opportunity to own within a thoughtfully curated collection of three residences in a prime 78702 location. Developed by TOPOS Collective with interiors by Veronica Avery, the collection blends timeless architecture, elevated finishes, and thoughtful functionality just moments from Downtown Austin and East Austin's celebrated restaurants, coffee shops, parks, and entertainment destinations. Residence #3 encompasses 1,975 square feet with four bedrooms, two-and-a-half bathrooms, a private pool, and expansive living spaces designed to maximize natural light, functionality, and modern living. A rare offering in East Austin, 1174 Oak Grove Avenue presents an opportunity to own within one of the city's most compelling new residential collections. Estimated completion December 2026.

At $468/sqft, this home is priced 19% 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

1174 Oak Grove Ave #3, Austin, TX 78702

Property Details

Price $925,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths 1
Living Area 1,975 sqft
Lot Size 0.18 acres (7,967.12 sqft)
Year Built 2026
Garage 1 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Homewood Heights
County Travis
Zip Code 78702
$/sqft $468/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $11,634.98
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT247849766
List Date September 25, 2026
Elementary School Oak Springs
Middle School Kealing
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.

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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
2921 Lyons Rd #1
Chernosky 14
$915,000 $489 3 bd / 3 ba 1,871 sqft , 2026-10-01
1206 Maple Ave #A/B
Glenwood Add
$948,900 $429 5 bd / 5 ba 2,212 sqft , 2026-07-08
2302 E 9th St
Grandview Place
$949,500 $401 4 bd / 3 ba 2,369 sqft , 2026-06-18
3101 Lyons Rd
Chernosky 14
$900,000 $381 4 bd / 5 ba 2,364 sqft , 2026-08-07
3019 Garwood St #2
G M Brass Amd
$950,000 $479 3 bd / 3 ba 1,982 sqft , 2026-02-24

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
$4,440/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
$185,000
20% conventional investment loan

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

Estimated Gross Rent+$4,440
Principal + Interest−$5,048
Property Tax (~2.1% TX avg)−$1,619
Insurance (~0.5%)−$385
Est. Monthly Cash Flow $-2,612

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 26, 2026.

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