Active Listing  ·  27 days on market

1206 Maple Ave #A/B

Austin, TX 78702
$949,000
5 Bed 5 Bath 2,212 sqft $429/sqft Built 2002 0.14 acres Pool Glenwood Add

Own a home that helps pay for itself. Two fully detached homes on one lot in the heart of East Austin's most walkable neighborhood. No shared walls, no HOA. Live in Unit A (3 bed / 2.5 bath) and let Unit B (2 bed / 1.5 bath) help cover your mortgage: it's leased through August 2026 at $2,650/month, so the income starts day one. The unit delivers vacant at lease end, giving you room to expand, house family, or re-rent at today's market rate. Unit A's tenant is month-to-month, so that home can be delivered for your move-in with proper notice. Owner-occupants may qualify for residential financing with a lower down payment than an investment loan (verify terms with your lender) — a rare chance to house-hack in a zip code this strong. It's also an ideal setup for a UT family: house your student in Unit A with roommates covering costs while Unit B builds equity through graduation. Each home has its own private fenced yard, dedicated driveway, and separate entrance. Hard-surface flooring throughout, no carpet. Google Fiber connected. New roof (2023), fresh interior paint and new back door in Unit A (2025). At roughly $475k per door with a Walk Score of 81 and Bike Score of 89, you're minutes from downtown, UT, and MetroRail.

At $429/sqft, this home is priced 10% 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

1206 Maple Ave #A/B, Austin, TX 78702

Property Details

Price $949,000
Status Active Listing
Beds 5
Full Baths 3
Half Baths 2
Living Area 2,212 sqft
Lot Size 0.14 acres (6,198.59 sqft)
Year Built 2002
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Glenwood Add
County Travis
Zip Code 78702
$/sqft $429/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $14,876.51
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT239170606
List Date July 8, 2026
Elementary School Campbell
Middle School Kealing
High School McCallum
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
2006 Kit Cir
Foxfield
$949,999 $331 4 bd / 4 ba 2,869 sqft , 2026-04-10
5405 Prock Ln
Moore D C
$950,000 $367 5 bd / 2 ba 2,588 sqft , 2026-03-01
7207 Mesa Dr
Highland Hills Northwest Sec 1
$950,000 $356 4 bd / 2 ba 2,672 sqft , 2026-02-25
9803 Ribelin Ranch Ct #19
VUE at 2222
$950,000 $399 4 bd / 4 ba 2,378 sqft , 2026-06-12
475 Desert Willow Way
Highpointe Ph Ii Sec Two-B
$955,000 $330 4 bd / 4 ba 2,895 sqft , 2026-07-26

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
$4,555/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
$189,800
20% conventional investment loan

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

Estimated Gross Rent+$4,555
Principal + Interest−$5,179
Property Tax (~2.1% TX avg)−$1,661
Insurance (~0.5%)−$395
Est. Monthly Cash Flow $-2,680

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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