Active Listing  ·  16 days on market

1907 W 37th St #A & B

Austin, TX 78731
$795,000
6 Bed 4 Bath 2,175 sqft $366/sqft Built 1935 0.16 acres 2-Car Garage Pool Oakmont Heights

Amazing opportunity to purchase a property with a total of 6 bedrooms and 4 bathrooms in Central Austin on quiet street - here are the details. 3 bedroom, 2 bath main house with hardwood floors, high ceilings, formal dining with doors to covered patio, recently renovated hall bath, Jack & Jill between two bedrooms or could be office, spacious kitchen with newly tiled floor, tons of cabinets/drawers, dinette space, ample storage/closets. Detached is a flex space with living/bedroom combo and full bath - great for office, workout room, nanny quarters (could be connected to main house very easily) Flex space is accessible from carport/patio or through oversized garage. Above 2-car garage is a more recently built 2 bedroom, 1 bath with inlaid hardwood floors, tiled kitchen, tons of natural light, 2 carpeted bedrooms, large bathroom renovated shower surround in 2025 with double sinks and again tons of closet space -on a separate electrical meter. Garage and unit above are accessed through alley. Central air and heat replaced in 2023. Zoned for Bryker Woods Elementary! This property offers tons of options and potential in a fabulous location!

At $366/sqft, this home is 7% below the Austin active market average of $392/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

1907 W 37th St #A & B, Austin, TX 78731

Property Details

Price $795,000
Status Active Listing
Beds 6
Full Baths 4
Half Baths ,
Living Area 2,175 sqft
Lot Size 0.16 acres (6,991.38 sqft)
Year Built 1935
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Oakmont Heights
County Travis
Zip Code 78731
$/sqft $366/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $15,931.99
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT242480014
List Date August 8, 2026
Elementary School Bryker Woods
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 · August 8, 2026 $895,000
Current ask $795,000
Reduced $100,000 (-11.2%) 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.

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
$3,816/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
$159,000
20% conventional investment loan

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

Estimated Gross Rent+$3,816
Principal + Interest−$4,339
Property Tax (~2.1% TX avg)−$1,391
Insurance (~0.5%)−$331
Est. Monthly Cash Flow $-2,245

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 August 22, 2026.

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