Active Listing  ·  102 days on market

1318 Bonham Ter

Austin, TX 78704
$790,000
2 Bed 2 Bath 1,187 sqft $666/sqft Built 1946 0.10 acres Pool Travis Heights

Charming bungalow tucked away on one of Travis Heights' most picturesque streets. This 2 bedroom, 2 full bathroom home has an efficient floor plan, high ceilings in living areas & multiple skylights to make it feel and live larger than it's listed square footage. The home is a blend of original character & updates, embodied by it's 1946 hardwood floors that have been refinished. The remodeled kitchen boasts marble countertops, a built-in wine fridge & stainless steel appliances. The low maintenance xeriscape front yard is highlighted by a quaint tree swing, while the private backyard has a covered patio & 8'x12' shed. Since 2024, recent upgrades include new HVAC, tankless water heater, spray foam insulation in attic and between beams in crawl space, Tesla charger, carport, window blinds (some remote controlled) & curtains and multiple appliances & fixtures + the roof is 10 years old and in good condition. See attached Upgrade List for all improvements.

At $666/sqft, this home is priced 69% 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

1318 Bonham Ter, Austin, TX 78704

Property Details

Price $790,000
Status Active Listing
Beds 2
Full Baths 2
Half Baths ,
Living Area 1,187 sqft
Lot Size 0.10 acres (4,321.15 sqft)
Year Built 1946
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Travis Heights
County Travis
Zip Code 78704
$/sqft $666/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $15,038.74
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT226632042
List Date June 12, 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 →

Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · June 12, 2026 $875,000
Previous ask $835,000
Current ask $790,000
Reduced $85,000 (-9.7%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

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
84 East Ave #1309
Vesper Condominium Community, Inc
$789,000 $671 2 bd / 2 ba 1,176 sqft , 2026-09-11
84 East Ave #2506
VESPER CONDOMINIUMS
$795,000 $650 2 bd / 2 ba 1,224 sqft , 2026-03-24
1709 Drake Ave
Fairview Park
$795,000 $935 2 bd / 1 ba 850 sqft , 2026-09-10
44 East Ave #1407
44 East
$798,000 $654 2 bd / 2 ba 1,221 sqft , 2026-07-23
1606 S 2nd St
Bouldin J E Estate
$799,900 $641 3 bd / 2 ba 1,248 sqft , 2026-08-10

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
$3,792/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
$158,000
20% conventional investment loan

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

Estimated Gross Rent+$3,792
Principal + Interest−$4,311
Property Tax (~2.1% TX avg)−$1,383
Insurance (~0.5%)−$329
Est. Monthly Cash Flow $-2,231

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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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 August 4, 2026.

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