Active Listing  ·  85 days on market

1908 W 37th St

Austin, TX 78731
$1,340,000
3 Bed 3 Bath 1,806 sqft $742/sqft Built 1940 0.16 acres Pool Oakmont Heights

Design takes precedence in this expertly-crafted brick bungalow. Framed by a white picket fence on a large lot, the curb appeal is immediate. Entirely new windows, drywall, insulation, plumbing, and electric complement the 90yr old hardwood floors. The main residence offers two bedrooms, two baths, and a front study with Murphy bed that converts into a third bedroom. Interiors are outfitted in antique brass, custom built-in cabinetry, motorized woven shades, designer wallpaper and Farrow & Ball paint. The kitchen features Black Phantom Quartzite countertops and Bosch 800 appliances. Bathrooms are finished with Ann Sacks tile, Carrera vanities, grey marble floors, hammered brass basins and Brizo fixtures. Mahogany doors open to an expansive Trex deck with retractable shade system framed by lush, irrigated landscaping. An additional income-producing guest quarters, located behind a trellised privacy fence, is separately accessed through the alley and includes laundry and private storage. Property includes parking for 4 and a 240v EV charger. A climate-controlled detached office completes the grounds.

Set in a tree-lined neighborhood, this home offers exceptional walkability for daily life. Morning coffee at Milk & Cookies and local staples at Jefferson Square (Anderson’s Coffee, Austin Wine Merchant, Pasta & Co., Lee’s Meat Market, and Kerbey Lane Cafe) are a stroll away. Outdoor spaces including Bailey Square Splash Pad, The Grove Park, and Central Market’s playground add to the neighborhood’s everyday livability, with St. Andrew’s Episcopal School Lower and Middle School nearby. Located off MoPac and minutes from downtown and UT, you can be both out of traffic and close to everything. The neighborhood hosts annual block parties and ice cream socials that keep the community close-knit. Properties that offer this level of finish, character, quality, income, and flexibility rarely come to market at an attainable price point in Central Austin.

At $742/sqft, this home is priced 90% 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

1908 W 37th St, Austin, TX 78731

Property Details

Price $1,340,000
Status Active Listing
Beds 3
Full Baths 3
Half Baths ,
Living Area 1,806 sqft
Lot Size 0.16 acres (7,169.98 sqft)
Year Built 1940
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Oakmont Heights
County Travis
Zip Code 78731
$/sqft $742/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $12,895.41
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT229570399
List Date May 11, 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 · May 11, 2026 $1,380,000
Current ask $1,340,000
Reduced $40,000 (-2.9%) 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
2913 Cherry Ln #A
Cherry Lane City Homes Condo
$1,340,000 $703 3 bd / 3 ba 1,906 sqft , 2026-01-09
52 Waller St #A
Elm Grove Add
$1,345,000 $560 4 bd / 4 ba 2,400 sqft , 2026-08-03
11503 Ladera Vista Dr
Krizov
$1,349,000 $700 3 bd / 2 ba 1,928 sqft , 2026-03-12
1701 Willow St
Riverside
$1,349,000 $706 3 bd / 3 ba 1,911 sqft , 2025-06-26
1609 Hartford Rd #A
Hartford Estates Condo
$1,349,999 $567 3 bd / 4 ba 2,381 sqft , 2026-06-25

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
$6,432/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
$268,000
20% conventional investment loan

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

Estimated Gross Rent+$6,432
Principal + Interest−$7,313
Property Tax (~2.1% TX avg)−$2,345
Insurance (~0.5%)−$558
Est. Monthly Cash Flow $-3,784

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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