Active Listing  ·  146 days on market

1176 Graham St

Austin, TX 78702
$495,000
2 Bed 1 Bath 792 sqft $625/sqft Built 1951 0.15 acres Pool Keystone Add

Charming East Austin Gem Near Downtown- Welcome to 1176 Graham Street, a beautifully renovated home tucked away on a peaceful cul-de-sac in the heart of Austin’s vibrant east side. Blending modern design with warm character, this thoughtfully reimagined residence is move-in ready and ideally located just minutes from downtown. Inside, the home features wood-look flooring throughout, complemented by designer tile and sleek modern fixtures. A shiplap-accented ceiling adds architectural charm and texture, giving the main living space a stylish, inviting feel. The updated kitchen is a chef’s delight, complete with stainless steel appliances, contemporary cabinetry, and ample counter space. Retreat to the outdoors and enjoy year-round comfort on the covered and screened back porch, perfect for al fresco dining or quiet evenings surrounded by large shade trees. The fenced yard provides plenty of room for pets or play, with mature landscaping enhancing the home’s natural charm. This property offers more than just a beautiful home- it’s a lifestyle. Enjoy a short walk to Boggy Creek Greenbelt Trail and neighborhood parks, or explore the area’s trendy restaurants, coffee shops, and nightlife just minutes away. 1176 Graham Street is a rare east Austin retreat that combines designer finishes, modern convenience, and a prime location, creating the perfect place to call home.

At $625/sqft, this home is priced 59% 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

1176 Graham St, Austin, TX 78702

Property Details

Price $495,000
Status Active Listing
Beds 2
Full Baths 1
Half Baths ,
Living Area 792 sqft
Lot Size 0.15 acres (6,499.15 sqft)
Year Built 1951
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Keystone Add
County Travis
Zip Code 78702
$/sqft $625/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $7,659.93
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT220638305
List Date March 30, 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.

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
2503 Gonzales St
Simms Paul O
$495,000 $611 2 bd / 1 ba 810 sqft , 2026-06-11
1403 Clifford Ave
Lesikar
$489,000 $466 3 bd / 1 ba 1,050 sqft , 2026-06-19
2505 E 11th St #2
2505 E 11th Street Condos
$485,000 $541 2 bd / 3 ba 896 sqft , 2026-07-30
2017 E 8th St
Morse Fred C
$509,900 $531 3 bd / 2 ba 960 sqft , 2026-07-09
2235 E 6th St #216
Este Condo
$479,999 $479 1 bd / 2 ba 1,003 sqft , 2026-05-10

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
$2,376/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
$99,000
20% conventional investment loan

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

Estimated Gross Rent+$2,376
Principal + Interest−$2,701
Property Tax (~2.1% TX avg)−$866
Insurance (~0.5%)−$206
Est. Monthly Cash Flow $-1,397

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

More Luxury Homes in Austin

Loading…
View All Luxury Homes →
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 May 19, 2026.

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