Active Listing  ·  16 days on market

1311 Newning Ave

Austin, TX 78704
$899,000
2 Bed 1 Bath 1,116 sqft $806/sqft Built 1936 0.14 acres Pool Fairview Park

Amazing opportunity to buy in Travis Heights below appraisal!

Step into timeless charm with this distinctive 1930s bungalow, featuring beautiful stonework, warm wood accents, and plenty of character throughout. Offering 2 bedrooms and 1 bathroom, this cozy home blends vintage appeal with inviting living spaces, including a welcoming living room with a fireplace, exposed ceiling beams, and rich wood flooring. The dining area provides a comfortable setting for everyday meals and entertaining.

Outside, enjoy the mature trees, established landscaping, and a spacious rectangular lot with room to relax and make the outdoor space your own. The deck offers a wonderful spot for morning coffee, summer evenings, or gathering with friends. This home offers a great opportunity for expansion with the reinforced foundation and unfinished basement area .

Ideally situated in a great location, just minutes from downtown and within walking distance of parks and lakes, this unique property offers character, convenience, and an appealing lifestyle. Whether you're a first-time homebuyer, looking to downsize, or searching for a property with timeless charm, this delightful bungalow is full of possibilities!

**All information, including square footage, acreage, dimensions, features, specifications, and pricing, is provided for informational purposes only and is subject to change without notice. Square footage figures are estimates pending final construction completion and survey. No representation or warranty, express or implied, is made as to the accuracy of the information provided. Buyer and Buyer’s agent are responsible for independently verifying all information to their satisfaction.

At $806/sqft, this home is priced 107% above the Austin active market average of $390/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

1311 Newning Ave, Austin, TX 78704

Property Details

Price $899,000
Status Active Listing
Beds 2
Full Baths 1
Half Baths ,
Living Area 1,116 sqft
Lot Size 0.14 acres (6,285.71 sqft)
Year Built 1936
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Fairview Park
County Travis
Zip Code 78704
$/sqft $806/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $15,596.59
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT250356553
List Date October 27, 2026
Elementary School Travis Hts
Middle School Lively
High School Travis
School District Austin ISD

Austin ISD

Travis Hts · Lively · Travis

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
44 East Ave #1607
44 East Ave Condos
$899,000 $736 2 bd / 2 ba 1,221 sqft , 2026-07-06
1310 Haskell St
Free & Williams
$899,000 $599 3 bd / 3 ba 1,501 sqft , 2026-09-15
911 E 2nd St
Harrington
$900,000 $698 3 bd / 2 ba 1,290 sqft , 2026-10-06
48 East Ave #2011
Natiivo
$895,900 $865 2 bd / 1 ba 1,036 sqft , 2026-08-20
707 E Live Oak St #2
707 East Live Oak Condos
$885,000 $826 2 bd / 2 ba 1,072 sqft , 2026-10-10

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
$4,315/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
$179,800
20% conventional investment loan

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

Estimated Gross Rent+$4,315
Principal + Interest−$4,906
Property Tax (assumed ~2.1%)−$1,573
Insurance (assumed ~0.5%)−$375
Est. Monthly Cash Flow $-2,539

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 · 41 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. The written content was last updated on November 11, 2026.

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

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