Active Listing  ·  29 days on market

1806 Fortview Rd

Austin, TX 78704
$799,999
3 Bed 2 Bath 1,380 sqft $580/sqft Built 1948 0.66 acres Pool Low Theodore Heights

Some properties ask you to renovate. This one asks you to imagine.

At the edge of Austin's coveted 78704, this approximately 0.668-acre property offers a rare opportunity to create something uniquely your own just minutes from Downtown, South Lamar, South Congress, Zilker Park, and Austin-Bergstrom International Airport.

What's Your Vision?

• Luxury Private Estate

• Family Compound

• Boutique Townhomes*

• Duplex or Residential Redevelopment*

• Live/Work Concept*

• Professional Offices*

• Medical or Wellness Office*

• Coffee Shop or Bakery*

• Boutique Retail*

• Neighborhood Service Business*

• Creative Studio*

• Investment Property

• Hold for Future Appreciation

• Something Completely Unique

*Buyer to independently verify zoning, development standards, and permitted uses with the City of Austin.

The existing residence contributes primarily land value, allowing the next owner to focus on what's possible rather than what's already here. Surrounded by mature trees and offering exceptional depth in one of Austin's most desirable neighborhoods, opportunities like this are becoming increasingly difficult to find.

For a complete walk-through of the property and surrounding neighborhood, search "1806 Fort View Video Tour" online.

At $580/sqft, this home is priced 48% 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

1806 Fortview Rd, Austin, TX 78704

Property Details

Price $799,999
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,380 sqft
Lot Size 0.66 acres (28,749.6 sqft)
Year Built 1948
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Low Theodore Heights
County Travis
Zip Code 78704
$/sqft $580/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $14,991.57
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT238864571
List Date July 6, 2026
Elementary School Joslin
Middle School Covington
High School Crockett
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
4907 Harmon Ave
Ridgetop
$799,999 $758 3 bd / 1 ba 1,055 sqft , 2024-07-02
3205 Menchaca Rd
Foster A R
$799,999 $627 2 bd / 2 ba 1,276 sqft , 2026-01-22
48 East Ave #1711
48 East Condos
$799,999 $772 2 bd / 2 ba 1,036 sqft , 2026-03-09
1215 Payne Ave
Violet Crown Heights Sec 02
$799,500 $579 4 bd / 2 ba 1,380 sqft , 2026-03-23
2226 Westlake Dr #1-3
Las Colinas At Lake Austin Con
$799,000 $492 3 bd / 2 ba 1,623 sqft , 2025-08-07

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
$3,840/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
$160,000
20% conventional investment loan

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

Estimated Gross Rent+$3,840
Principal + Interest−$4,366
Property Tax (~2.1% TX avg)−$1,400
Insurance (~0.5%)−$333
Est. Monthly Cash Flow $-2,259

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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