About This Home

1908 Holly St. located in a unique location with alley access and in sought after Holly Neighborhood. It's one of the most sought after locations in Austin. It has been named one of the coolest neighborhood in Texas. It offers an urban suburban mix feel. Close proximity to an array of dining, shopping, and entertainment options. Explore the nearby parks, trails and cultural attractions, as well as the downtown entertainment and nightlife. It's ready for someone looking to live in the heart of Austin in a location you can redesign. It offers a swimming pool and Guest room located in the backyard close to the alley.

At $457/sqft, this home is priced 16% above the Austin active market average of $393/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

1908 Holly St, Austin, TX 78702

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Property Details

Price $699,000

Status Active Listing

Beds 2

Full Baths 2

Half Baths ,

Living Area 1,531 sqft

Lot Size 0.15 acres (6,743.09 sqft)

Year Built 1919

Garage ,

Stories ,

Type Residential · Single Family Residence

Subdivision Driving Park Add

County Travis

Zip Code 78702

$/sqft $457/sqft

Days on Market ,

HOA None / verify with agent

Annual Tax Est. $4,680.74

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT237689946

List Date June 27, 2026

Elementary School Sanchez

Middle School Martin

High School Austin

School District ,

Have Questions About This Property?

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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 27, 2026 $799,000

Previous ask $724,000

Current ask $699,000

▼ Reduced $100,000 (-12.5%) 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

70 Rainey St #1509
70 Rainey Residences $695,000 $616 2 bd / 2 ba 1,128 sqft , 2026-02-26

1801 E 2nd St #8
East 2nd Condos $685,000 $347 3 bd / 4 ba 1,974 sqft , 2026-09-04

84 East Ave #1810
Rainey District $724,999 $685 2 bd / 2 ba 1,058 sqft , 2026-09-12

1604 Haskell St #2
Tobin Resub Riverside $650,000 $604 2 bd / 2 ba 1,077 sqft , 2026-05-26

2905 E 5th St #A
2905 East 5th Condos $650,000 $391 3 bd / 3 ba 1,664 sqft , 2026-06-19

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

$3,355/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

$139,800

20% conventional investment loan

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

Estimated Gross Rent+$3,355

Principal + Interest−$3,815

Property Tax (~2.1% TX avg)−$1,223

Insurance (~0.5%)−$291

Est. Monthly Cash Flow $-1,974

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

About the Author

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 31, 2026.

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

1908 Holly St