Active Listing  ·  181 days on market

1201 S Garden St #A

Austin, TX 78702
$1,195,000
5 Bed 3 Bath 2,200 sqft $543/sqft Built 1916 0.15 acres Pool Canterbury Square

Situated on a corner lot in Canterbury Square, this recently remodeled home features thoughtful updates, stylish finishes and spacious living areas. The home offers the perfect blend of comfort, functionality, and entertainment, featuring 5 spacious light filled bedrooms and 3 beautifully designed bathrooms. The open concept floor plan includes a stunning kitchen and the dining area is perfect for relaxing evenings with friends and family.

Ideally situated near Austin’s best dining, shopping, live music, festivals, and nightlife, you’ll be just minutes from everything that makes the city exciting and unique. Whether you’re exploring local boutiques, enjoying food truck favorites, attending world-famous festivals, or spending time downtown, this location puts you close to all the fun. Perfect for families, professionals, or anyone looking to experience the vibrant Austin lifestyle in a move-in-ready home.

MLS #6804233 is also available for sale at $895,000. Can be purchased together.

At $543/sqft, this home is priced 39% above the Austin active market average of $390/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

1201 S Garden St #A, Austin, TX 78702

Property Details

Price $1,195,000
Status Active Listing
Beds 5
Full Baths 3
Half Baths ,
Living Area 2,200 sqft
Lot Size 0.15 acres (6,359.76 sqft)
Year Built 1916
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Canterbury Square
County Travis
Zip Code 78702
$/sqft $543/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $19,087.18
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT229636566
List Date May 15, 2026
Elementary School Sanchez
Middle School Martin
High School Austin
School District Austin ISD

Austin ISD

Sanchez · Martin · Austin

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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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 · May 15, 2026 $1,175,000
Current ask $1,195,000
▲ Increased $20,000 (+1.7%) 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
52 Waller St #A
Elm Grove Add
$1,195,000 $498 4 bd / 4 ba 2,400 sqft , 2026-08-03
40 Waller St
Lambies R C Resub Voss
$1,200,000 $826 4 bd / 2 ba 1,452 sqft , 2025-11-25
1175 Navasota St #2
Robertson George L
$1,294,950 $532 4 bd / 4 ba 2,435 sqft , 2025-10-10
108 Chicon St
Holly
$1,295,000 $783 5 bd / 4 ba 1,654 sqft , 2026-09-23
1508 Holly None #1
Welch
$1,299,000 $517 5 bd / 3 ba 2,512 sqft , 2026-05-18

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
$5,736/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
$239,000
20% conventional investment loan

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

Estimated Gross Rent+$5,736
Principal + Interest−$6,522
Property Tax (assumed ~2.1%)−$2,091
Insurance (assumed ~0.5%)−$498
Est. Monthly Cash Flow $-3,375

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 · 41 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. The written content was last updated on November 4, 2026.

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

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