Active Listing  ·  55 days on market

2202 Garden St

Austin, TX 78702
$1,390,000
5 Bed 4 Bath 2,964 sqft $469/sqft Built 1920 0.16 acres 3-Car Garage Pool Bensons Subd

Located in the heart of Austin’s beloved Holly neighborhood, Garden Street offers a rare opportunity to own a thoughtfully designed property in one of the city’s most sought-after areas. Consisting of both Units A and B, the property functions as a versatile compound well-suited for homeowners, investors, creatives, or multi-generational living, while also offering the flexibility to purchase each home separately. Enjoy exceptional walkability to the Lady Bird Lake Hike-and-Bike Trail, Launderette, and the restaurants, shops, and entertainment that make East Cesar Chavez one of Austin’s most vibrant neighborhoods. Originally built in 1920 and thoughtfully renovated in recent years, Unit A is a 3-bedroom, 2-bath home with an additional office that blends historic Holly charm with modern comforts. Spanning 1,904 square feet, it offers an open yet inviting floor plan that flows seamlessly to a private backyard oasis, ideal for al fresco dining, entertaining, or relaxing outdoors. Upstairs, you'll find the primary suite, a flexible bonus room perfect for an office or nursery, and a spacious rooftop patio that feels like a natural extension of the primary retreat. Situated on a 6,839-square-foot lot with alley access, Unit A has exclusive use of the front driveway and can share the property's 3-car garage with Unit B. Unit B offers 1,060 square feet of thoughtfully designed living space and exceptional flexibility as a standalone residence, guest house, or income-producing rental. With its own alley access, private outdoor space, expansive rooftop patio, and access to the 3-car garage, it lives comfortably and independently with 2 bedrooms and 1.5 bathrooms. Whether serving as a primary residence, accommodating guests, generating rental income, or providing a dedicated creative workspace, Unit B delivers the privacy, versatility, and authentic Holly lifestyle that are increasingly difficult to find in central Austin.

At $469/sqft, this home is priced 20% 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

2202 Garden St, Austin, TX 78702

Property Details

Price $1,390,000
Status Active Listing
Beds 5
Full Baths 3
Half Baths 1
Living Area 2,964 sqft
Lot Size 0.16 acres (6,856.34 sqft)
Year Built 1920
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Bensons Subd
County Travis
Zip Code 78702
$/sqft $469/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT235783620
List Date June 10, 2026
Elementary School Metz
Middle School Martin
High School Eastside Early College
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.

Schedule a Call →

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
1303 Azie Morton Rd #2
Zilker Terrace Condo
$1,385,000 $670 4 bd / 3 ba 2,068 sqft , 2026-04-20
2603 Sol Wilson Ave
Homewood Heights
$1,385,000 $561 4 bd / 4 ba 2,468 sqft , 2026-04-21
1619 Elmhurst Dr
Elmhurst Heights Sec 03
$1,395,000 $589 4 bd / 4 ba 2,367 sqft , 2025-09-29
5200 Avenue H None
Highlands
$1,395,000 $554 4 bd / 4 ba 2,516 sqft , 2025-04-18
7714 Lenape Trl
Overlook Estates Ph 01
$1,395,000 $443 4 bd / 3 ba 3,150 sqft , 2026-04-27

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
$6,672/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
$278,000
20% conventional investment loan

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

Estimated Gross Rent+$6,672
Principal + Interest−$7,586
Property Tax (~2.1% TX avg)−$2,433
Insurance (~0.5%)−$579
Est. Monthly Cash Flow $-3,926

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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