Active Listing  ·  3 days on market

1806 Mohle Dr

Austin, TX 78703
$850,000
2 Bed 1 Bath 1,009 sqft $842/sqft Built 1947 0.16 acres Pool Brykerwoods C

Beautifully renovated and ideally situated in the heart of Central Austin, 1806 Mohle Drive offers a rare opportunity to enjoy a move-in-ready home in coveted Brykerwoods. This charming 2-bedroom, 1-bath residence has been completely renovated and permitted through the City of Austin, thoughtfully blending its original character with fresh, modern finishes. Inside, refinished hardwood floors add warmth throughout the living and dining spaces, while new windows bring in abundant natural light. The fully remodeled kitchen features timeless shaker-style cabinetry, quartz countertops, and new stainless steel appliances. The beautifully updated bathroom includes a glass-enclosed walk-in shower, new vanity, and quartz countertop. Additional improvements include new siding, HVAC system, and water heater. Outside, a spacious fenced backyard provides plenty of room to relax, entertain, garden, or play, with a patio ready for outdoor dining and evenings under the Austin sky. The location is hard to beat. Enjoy the charm of an established Central Austin neighborhood with nearby parks, restaurants, coffee shops, and everyday conveniences. Tarrytown Neighborhood Park and Shoal Creek Greenbelt are nearby, along with neighborhood favorites such as Olive & June and Kerbey Lane Cafe. Downtown Austin, The University of Texas, Lady Bird Lake, Zilker Park, and Lake Austin are all just minutes away, while convenient access to MoPac makes getting around the city easy. A beautifully updated home, generous backyard, and exceptional Central Austin location make 1806 Mohle Drive a special opportunity in 78703.

At $842/sqft, this home is priced 115% above the Austin active market average of $392/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

1806 Mohle Dr, Austin, TX 78703

Property Details

Price $850,000
Status Active Listing
Beds 2
Full Baths 1
Half Baths ,
Living Area 1,009 sqft
Lot Size 0.16 acres (6,926.04 sqft)
Year Built 1947
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Brykerwoods C
County Travis
Zip Code 78703
$/sqft $842/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $16,944.9
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT248951786
List Date October 5, 2026
Elementary School Casis
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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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
2810 Windsor Rd
Tarry Town 05
$890,000 $860 2 bd / 1 ba 1,035 sqft , 2026-09-11
1807 W 38th St
Oakmont Heights
$750,000 $646 3 bd / 2 ba 1,161 sqft , 2026-08-07
2905 Rio Grande St
Rio Grande & West 29 5 Condos
$625,000 $739 2 bd / 1 ba 846 sqft , 2026-05-14
4108 Marathon Blvd
Lees Hill Add
$1,113,273 $1,120 3 bd / 1 ba 994 sqft , 2026-08-27
4110 Marathon Blvd
Lees Hill Add
$1,120,350 $953 3 bd / 1 ba 1,176 sqft , 2026-08-27

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
$4,080/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
$170,000
20% conventional investment loan

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

Estimated Gross Rent+$4,080
Principal + Interest−$4,639
Property Tax (~2.1% TX avg)−$1,488
Insurance (~0.5%)−$354
Est. Monthly Cash Flow $-2,401

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 October 6, 2026.

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