Active Listing  ·  46 days on market

1906 Frazier Ave

Austin, TX 78704
$1,920,000
3 Bed 3 Bath 2,401 sqft $800/sqft Built 2019 0.14 acres 2-Car Garage Pool Zilker - Frazier Add

Modern Zilker living at its best. Built by Paradisa Homes, this thoughtfully designed residence combines clean contemporary architecture with exceptional indoor-outdoor living. Expansive walls of glass overlook the resort-style backyard, creating a seamless connection between the home's living spaces and the private pool, spa, covered patio, and outdoor kitchen.

The open floor plan is ideal for both everyday living and entertaining, featuring a chef's kitchen, generous living spaces, and high-end finishes throughout. Smart home features include automated shades, smart thermostats, and app-controlled pool systems for effortless convenience.

Tucked away on a quiet street in one of Austin's most sought-after neighborhoods, this home is just moments from Barton Springs, Zilker Park, Lady Bird Lake, South Lamar, and South Congress. Enjoy the best of 78704 with easy access to Austin's favorite restaurants, coffee shops, parks, and trails.

At $800/sqft, this home is priced 105% 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

1906 Frazier Ave, Austin, TX 78704

Property Details

Price $1,920,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 2,401 sqft
Lot Size 0.14 acres (6,316.2 sqft)
Year Built 2019
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Zilker - Frazier Add
County Travis
Zip Code 78704
$/sqft $800/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $38,297.78
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT236447154
List Date June 19, 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 · June 19, 2026 $1,995,000
Current ask $1,920,000
Reduced $75,000 (-3.8%) 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
1910 Rue De St Tropez None #6
Enclave Villas Condo
$1,899,000 $602 3 bd / 3 ba 3,155 sqft , 2026-05-31
3007 Locke Ln
Garden Oaks Sec 02
$1,899,000 $621 4 bd / 4 ba 3,056 sqft , 2026-07-12
44 East Ave #3707
44 East Ave Condos
$1,895,000 $951 3 bd / 3 ba 1,993 sqft , 2026-05-01
210 Lavaca St #2903
Condo
$1,949,000 $901 3 bd / 3 ba 2,162 sqft , 2025-04-03
2309 Big Horn Dr
Apache Shores Sec 04
$1,890,000 $1,024 3 bd / 2 ba 1,845 sqft , 2026-03-31

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
$9,216/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
$384,000
20% conventional investment loan

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

Estimated Gross Rent+$9,216
Principal + Interest−$10,478
Property Tax (~2.1% TX avg)−$3,360
Insurance (~0.5%)−$800
Est. Monthly Cash Flow $-5,422

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 Zilker

Zilker is Austin's outdoor living capital - a neighborhood defined by Barton Springs Pool, 351 acres of Zilker Park, and direct access to the Barton Creek Greenbelt and Lady Bird Lake hike-and-bike trail. It's where Austin's outdoor culture is most concentrated, and it attracts buyers who prioritize lifestyle as much as real estate.

The housing stock is a mix of 1950s to 70s ranch homes - many still with original character - and increasingly, new custom construction replacing the teardown lots that make up a growing share of the market. Entry-level Zilker (smaller older homes, some needing updates) starts around $600K. Renovated homes and new builds run $1M to $3M+.

🏊
Barton Springs Pool

Austin's iconic spring-fed swimming pool - 68°F year-round, free for residents, a short walk from most Zilker addresses. The defining amenity of the neighborhood.

🌳
Zilker Park

351 acres of parkland on the south shore of Lady Bird Lake. Kite Festival, ACL Music Festival, Austin City Limits taping - all happen here. In Zilker, you live next door to all of it.

🚴
Trail Access

Direct access to the 10-mile Lady Bird Lake hike-and-bike trail and the Barton Creek Greenbelt - 12+ miles of natural swimming holes and hiking. Austin's best outdoor infrastructure, right out your door.

📍
Location

5 minutes to downtown, 2 minutes to SoCo, walking distance to some of Austin's best restaurants. Zilker has the location of Central Austin without the price of Tarrytown or Clarksville.

Full Zilker 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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