Active Listing  ·  6 days on market

1204 W 39th St

Austin, TX 78756
$1,250,000
4 Bed 4 Bath 2,752 sqft $454/sqft Built 1994 0.16 acres 2-Car Garage Pool L L Crane

Central Austin living at its best—walkable and bikeable, with convenient access to public transit, and Austin’s north-south corridors with Mopac minutes away. This thoughtfully designed four-bedroom, three-and-a-half-bath home blends quintessential Rosedale charm with modern functionality without sacrificing character.

A touch of Queen Anne influence gives the facade distinctive architectural appeal, while the home captures the warmth of a modern Craftsman without the outdated systems, awkward floor plan, or maintenance concerns often associated with an older property.

The layout balances privacy and functionality, with the primary suite on the main level and two of the three upstairs bedrooms offering direct bathroom access. Gated entry, shared alley access, a two-car garage, and a circular driveway provide added convenience and separation from the street. Residents may also obtain four additional parking permits to park along the residential side of the street, although the current owner has never needed them.

Ideally positioned and zoned to highly sought-after schools, the home offers exceptional access to neighborhood restaurants, shops, fitness studios, parks, and everyday conveniences. Imagine enjoying morning coffee on the front porch before walking to an exercise class, stepping away from your home office for lunch nearby, or reaching destinations throughout Austin without relying on I-35. Here, connectivity and convenience become part of daily life rather than an occasional luxury.

At $454/sqft, this home is priced 16% above the Austin active market average of $391/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

1204 W 39th St, Austin, TX 78756

Property Details

Price $1,250,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths 1
Living Area 2,752 sqft
Lot Size 0.16 acres (6,912.97 sqft)
Year Built 1994
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision L L Crane
County Travis
Zip Code 78756
$/sqft $454/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT235571112
List Date July 29, 2026
Elementary School Bryker Woods
Middle School O Henry
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.

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
2301 W 10th St
Lloyd Maury Allen
$1,250,000 $567 5 bd / 3 ba 2,203 sqft , 2026-03-31
2002 Kinney Ave #B
Kinney Ave Condo Amd 2002
$1,250,000 $654 3 bd / 3 ba 1,910 sqft , 2025-09-25
1615 Spyglass Dr #4
Park 10 Condo Amd
$1,250,000 $558 3 bd / 3 ba 2,241 sqft , 2026-05-27
810 Crestone Stream Dr
Serene Hills Sub Ph 2E
$1,250,000 $363 5 bd / 4 ba 3,444 sqft , 2026-06-12
2504 Wildgrove Dr
Barton Terrace Sec 03
$1,250,000 $688 3 bd / 2 ba 1,816 sqft , 2024-11-25

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
$6,000/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
$250,000
20% conventional investment loan

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

Estimated Gross Rent+$6,000
Principal + Interest−$6,822
Property Tax (~2.1% TX avg)−$2,188
Insurance (~0.5%)−$521
Est. Monthly Cash Flow $-3,531

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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