Active Listing  ·  123 days on market

1304 Folts Ave

Austin, TX 78704
$3,275,000
4 Bed 4 Bath 3,665 sqft $894/sqft Built 2024 0.17 acres 2-Car Garage Pool South Lund South

This property offers a version of Austin life that doesn't require a car, a compromise, or a reason to leave. 1304 Folts embodies that version.

Step out the front door and the city meets you: the South Lamar and Barton Springs corridors are a short walk away, leading you toward Uchi on a Tuesday night, a Sunday night at the Alamo Drafthouse, or a morning workout at Life Time without the usual commute. Downtown Austin is under two miles away, close enough to feel connected, far enough to feel removed. When you return, the house earns its place in the story.

Floor-to-ceiling glass dissolves the boundary between the living space and the pool deck, where a built-in grill station and open patio create the natural setting for evenings that don't require a reservation. Inside, stacked limestone—the same material defining the exterior—reappears in the living room and primary suite, grounding the home in something tactile and warm. The primary bath slows you down further: Venetian plaster walls and large marble tile throughout are composed with the intention that makes a room feel designed rather than decorated.

Two living spaces across 3,413 square feet give the home room to breathe and the flexibility to accommodate how life actually unfolds, not how it was planned. The detached guest suite extends that logic outward: it serves as a private retreat for guests, a focused workspace, a wellness room, or simply a door you can close on the rest of the world.

Four bedrooms and a detached guest suite. Four full baths. A pool. And a city that starts at your doorstep.

1304 Folts doesn't ask you to choose between a home worth living in and a location worth being at. It's already both.

At $894/sqft, this home is priced 127% above the Austin active market average of $393/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

1304 Folts Ave, Austin, TX 78704

Property Details

Price $3,275,000
Status Active Listing
Beds 4
Full Baths 4
Half Baths ,
Living Area 3,665 sqft
Lot Size 0.17 acres (7,605.58 sqft)
Year Built 2024
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision South Lund South
County Travis
Zip Code 78704
$/sqft $894/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $47,770
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT231142724
List Date May 22, 2026
Elementary School Zilker
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
2104 Ann Arbor Ave
Avon Heights Sec 06
$3,299,000 $896 5 bd / 5 ba 3,683 sqft , 2026-06-22
800 W James St
South Heights
$3,300,000 $938 4 bd / 4 ba 3,520 sqft , 2026-09-07
706 Barton Blvd
South Lund Park Sec 02
$3,400,000 $1,048 5 bd / 3 ba 3,244 sqft , 2026-06-22
1709 Valeria St
Fowler Heights
$3,500,000 $823 5 bd / 5 ba 4,255 sqft , 2026-06-26
2301 Westworth Cir
West Park Add
$2,999,000 $825 5 bd / 4 ba 3,636 sqft , 2026-08-20

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
$15,720/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
$655,000
20% conventional investment loan

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

Estimated Gross Rent+$15,720
Principal + Interest−$17,873
Property Tax (~2.1% TX avg)−$5,731
Insurance (~0.5%)−$1,365
Est. Monthly Cash Flow $-9,249

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 20, 2026.

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