Active Listing  ·  82 days on market

1605 Hether St

Austin, TX 78704
$1,325,000
3 Bed 4 Bath 1,893 sqft $700/sqft Built 2016 0.09 acres 1-Car Garage Pool 1605 Hether Condos

Beautiful home with recent full interior paint and updates on corner of Hether and Oxford in the heart of Zilker! First floor has diamond polished concrete floors, 10ft ceilings, open and bright living/dining/kitchen with custom wood cabinetry from floor to ceiling in the kitchen. The island is ideal for breakfast as well as entertaining. There is a gas range with stainless steel appliances. The screened in side porch adds a second mosquito-free living area that opens out to a deck. A convenient powder bath and single car garage with epoxy flooring is located off kitchen. The primary bedroom and bathroom are up along with a guest bedroom, full bathroom with soaking tub and a convenient laundry room. The primary bedroom has a dramatic, vaulted ceiling, walk-in closet, abundant natural light, and an en suite full bathroom. A nice-sized deck completes the second floor. Continuing upstairs is a private, additional guest bedroom with a full bathroom, walk-in closet and its own mini split AC unit. The fully fenced front and side yards offer room to play and entertain. Ideally located 3 blocks from S Lamar it is easy to walk to Loro, Taco Deli, and Uncle Nicky's sandwich shop. Walk two blocks in the other direction to top-rated Zilker Elementary School. It is an easy walk or bike ride to Zilker Park and Barton Springs Pool. Only 10 minutes to Downtown and 15 minutes to the airport. This home sits in the heart of it all. **Room for a pool. See Photos for Pool Rendering by Golden Hour Pools. No HOA fee only shared annual exterior insurance policy.

At $700/sqft, this home is priced 79% 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

1605 Hether St, Austin, TX 78704

Property Details

Price $1,325,000
Status Active Listing
Beds 3
Full Baths 3
Half Baths 1
Living Area 1,893 sqft
Lot Size 0.09 acres (3,920.4 sqft)
Year Built 2016
Garage 1 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision 1605 Hether Condos
County Travis
Zip Code 78704
$/sqft $700/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT229964053
List Date May 14, 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.

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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 · May 14, 2026 $1,375,000
Current ask $1,325,000
Reduced $50,000 (-3.6%) 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
1815 Rue De St Tropez None
St Tropez
$1,325,000 $523 3 bd / 3 ba 2,532 sqft , 2026-05-08
2913 Cherry Ln #A
Cherry Lane City Homes Condo
$1,340,000 $703 3 bd / 3 ba 1,906 sqft , 2026-01-09
1908 W 37th St
Oakmont Heights
$1,340,000 $742 3 bd / 3 ba 1,806 sqft , 2026-05-11
52 Waller St #A
Elm Grove Add
$1,345,000 $560 4 bd / 4 ba 2,400 sqft , 2026-08-03
11503 Ladera Vista Dr
Krizov
$1,349,000 $700 3 bd / 2 ba 1,928 sqft , 2026-03-12

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
$6,360/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
$265,000
20% conventional investment loan

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

Estimated Gross Rent+$6,360
Principal + Interest−$7,231
Property Tax (~2.1% TX avg)−$2,319
Insurance (~0.5%)−$552
Est. Monthly Cash Flow $-3,742

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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