Active Listing  ·  120 days on market

1184 Waller St

Austin, TX 78702
$689,000
4 Bed 3 Bath 1,528 sqft $451/sqft Built 1997 0.16 acres 2-Car Garage Pool Robertson George L

Move-in ready in the heart of East Austin, this gem offers something that feels increasingly rare this close to the center of the city: a sense of calm the moment you step inside. Set on a desirable corner lot, this 4-bedroom, 2.5-bath home provides comfortable living space, fresh interior paint, and a roof replacement completed in 2025. The layout offers flexibility for everyday living, with room for the next owner to settle in now, and personalize over time. Out back, a large covered porch extends the living space outdoors and creates a quiet place to unwind, gather, or enjoy the privacy of the backyard. Minutes from Downtown Austin, the Capitol, major employers, restaurants, entertainment, and the energy of East Austin, this home offers a thoughtful balance of city convenience and residential serenity. Refrigerator, security system, potted plants (interior & exterior), and washer & dryer do not convey. Buyer to independently verify all information.

At $451/sqft, this home is priced 15% above the Austin active market average of $393/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

1184 Waller St, Austin, TX 78702

Property Details

Price $689,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths 1
Living Area 1,528 sqft
Lot Size 0.16 acres (7,135.13 sqft)
Year Built 1997
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Robertson George L
County Travis
Zip Code 78702
$/sqft $451/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $14,928.19
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT231303431
List Date May 25, 2026
Elementary School Blackshear
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
1801 E 2nd St #8
East 2nd Condos
$685,000 $347 3 bd / 4 ba 1,974 sqft , 2026-09-04
1197 Angelina St
Robertson George L
$725,000 $536 3 bd / 2 ba 1,352 sqft , 2026-08-14
1002 Walter St
Rosewood Village Sec 8
$650,000 $558 3 bd / 2 ba 1,164 sqft , 2025-08-18
1801 E 2nd St #9
East 2nd Condos
$649,000 $340 3 bd / 4 ba 1,911 sqft , 2026-06-04
1704 E 13th St #B
1704 E 13th Street Site Condos
$639,900 $428 3 bd / 2 ba 1,495 sqft , 2026-06-12

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
$3,307/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
$137,800
20% conventional investment loan

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

Estimated Gross Rent+$3,307
Principal + Interest−$3,760
Property Tax (~2.1% TX avg)−$1,206
Insurance (~0.5%)−$287
Est. Monthly Cash Flow $-1,946

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 July 23, 2026.

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