Active Listing  ·  15 days on market

1204 Taylor St

Austin, TX 78702
$639,900
1 Bed 1 Bath 852 sqft $751/sqft Built 1929 0.13 acres Pool Wendlandt & Staehely Resub

Prime Holly infill opportunity with alley access and no protected trees. 1204 Taylor sits on a rare development-ready lot in one of Austin's most sought-after central neighborhoods, minutes from downtown and blocks from Lady Bird Lake. The location delivers the walkability, skyline proximity, and trail access that continue to drive premium pricing throughout the Holly district.

The existing structure was recently leased at $2,400/month and is now vacant, allowing income during planning or immediate site work. SF-3-NP zoning supports a range of build scenarios, from a single luxury spec home to a primary home with alley-served ADU.

Bring your builder or buyer. Tree survey and geotechnical report available upon request. Buyer to independently verify zoning, setbacks, and development potential

At $751/sqft, this home is priced 92% 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

1204 Taylor St, Austin, TX 78702

Property Details

Price $639,900
Status Active Listing
Beds 1
Full Baths 1
Half Baths ,
Living Area 852 sqft
Lot Size 0.13 acres (5,736.85 sqft)
Year Built 1929
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Wendlandt & Staehely Resub
County Travis
Zip Code 78702
$/sqft $751/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $12,527.07
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT247618786
List Date September 23, 2026
Elementary School Sanchez
Middle School Kealing
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.

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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
1911 College Row
Grandview Place
$639,000 $705 2 bd / 2 ba 907 sqft , 2026-06-14
2008 Riverview St #B
Riverview Condo 2008
$629,990 $602 2 bd / 2 ba 1,047 sqft , 2026-09-02
1708 Canterbury St #B
Riverside
$649,999 $591 2 bd / 3 ba 1,100 sqft , 2026-09-22
48 East Ave #2004
Natiivo
$650,000 $728 1 bd / 1 ba 893 sqft , 2025-10-03
1702 Willow St
Riverside
$650,000 $749 2 bd / 1 ba 868 sqft , 2026-09-02

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
$3,072/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
$127,980
20% conventional investment loan

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

Estimated Gross Rent+$3,072
Principal + Interest−$3,492
Property Tax (~2.1% TX avg)−$1,120
Insurance (~0.5%)−$267
Est. Monthly Cash Flow $-1,807

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 24, 2026.

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