Active Listing  ·  41 days on market

1227 Newning Ave #10

Austin, TX 78704
$1,250,000
3 Bed 4 Bath 2,252 sqft $555/sqft Built 2013 0.10 acres 2-Car Garage Pool Travis Heights

Hidden in the trees and tucked away from the bustle, 1227 Newning Ave #10 feels like a retreat in the heart of Travis Heights.

Start the day with a walk to grab coffee on South Congress or a run along the Lady Bird Lake Trail. Spend the afternoon at nearby Blunn Creek Greenbelt, then come home to a quiet, shaded patio surrounded by mature trees. Live music, local restaurants, and South Congress are all just minutes away, but home feels surprisingly private.

Set back from the main road with a private drive into the small 10 unit community, this freestanding condo lives more like a single-family home. A large attached two-car garage with additional storage offers a rarity in 78704, while the lock-and-leave lifestyle makes it easy to spend less time on maintenance and more time enjoying the neighborhood.

Just 1/2 a mile from Little Stacy Park, with tennis courts, playgrounds, ball fields, and a public pool, the location makes it easy to stay active and connected to the outdoors. The community is also part of the annual Travis Heights Art Trail, a reflection of the creativity and character that have made this one of Austin's most iconic neighborhoods.

Inside, the flexible floor plan includes three bedrooms and multiple living spaces with room to work, relax, and gather. Weekly trash valet service and thoughtfully placed community mailboxes add convenience to everyday life.

Private, peaceful, and remarkably connected, this is the kind of home that reminds you why people fall in love with Travis Heights in the first place.

At $555/sqft, this home is priced 42% 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

1227 Newning Ave #10, Austin, TX 78704

Property Details

Price $1,250,000
Status Active Listing
Beds 3
Full Baths 3
Half Baths 1
Living Area 2,252 sqft
Lot Size 0.10 acres (4,356 sqft)
Year Built 2013
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Travis Heights
County Travis
Zip Code 78704
$/sqft $555/sqft
Days on Market ,
HOA $1,000/Quarterly
Annual Tax Est. $25,339
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT236791550
List Date June 24, 2026
Elementary School Travis Hts
Middle School Lively
High School Travis
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
205 Medina St #1
SHELLEY N G SUBD
$1,250,000 $754 3 bd / 3 ba 1,657 sqft , 2025-10-10
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
2504 Wildgrove Dr
Barton Terrace Sec 03
$1,250,000 $688 3 bd / 2 ba 1,816 sqft , 2024-11-25
3622 Peregrine Falcon Dr
Woodhaven
$1,250,000 $620 4 bd / 3 ba 2,016 sqft , 2026-07-14

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 →

Neighborhood Context

About Travis Heights

Travis Heights is the neighborhood that South Austin residents fight over. Perched on hilly terrain south of the river between South Congress and Congress Avenue, it combines the best of South Austin's character - eclectic homes, mature trees, creative energy - with genuine walkability to one of Austin's best commercial corridors.

The streets roll up and down in a way that's unusual for Austin, creating sightlines and privacy that flat neighborhoods can't offer. Homes here range from original craftsman bungalows and Victorian cottages to architecturally significant modern builds taking advantage of the topography.

🛍️
South Congress Access

Walking distance to the South Congress corridor - Austin's most eclectic commercial street, with restaurants, bars, boutiques, and the Continental Club.

🌳
Mature Tree Cover

Some of the best tree canopy in South Austin. The hilly terrain means homes have natural privacy from the street and each other.

🏊
Big Stacy Park

Neighborhood park with a spring-fed swimming pool, tennis courts, and playground - a true community asset that's a short walk for most residents.

🏘️
Neighborhood Character

Architecture ranges from 1910 craftsman bungalows to striking modern infill. The variety is part of the appeal - no two blocks look the same.

Full Travis Heights Guide →

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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