Active Listing  ·  4 days on market

2412 Jarratt Ave

Austin, TX 78703
$3,750,000
5 Bed 6 Bath 4,962 sqft $756/sqft Built 1941 0.21 acres 2-Car Garage Pool Pemberton Heights Sec 01

Located on a coveted, tree-lined street in the heart of Pemberton Heights, 2412 Jarratt Avenue presents a rare

opportunity to own a distinguished Austin residence offering 5 bedrooms, 5.5 bathrooms, 4,962 SF (TCAD) of living

space, and situated on a generous 0.214 Acre (TCAD) lot. This timeless property blends classic architectural character with the functionality and comfort expected in modern living, creating a home that is both elegant and classically

inviting. The main residence is thoughtfully designed with 4 bedrooms and 4.5 bathrooms, where natural light pours

through oversized windows, illuminating refined interiors and enhancing the home’s warm, sophisticated atmosphere.

Formal living and dining spaces flow seamlessly into more relaxed gathering areas, anchored by high ceilings and

timeless finishes throughout. The kitchen and dining areas are well-suited for both everyday living and entertaining,

offering a layout that feels equally intimate and open. The primary suite serves as a private retreat, complete with

versatile built-ins and a spa-inspired, oversized bathroom. Complementing the main home, a detached two-car garage features a fully equipped guest apartment. The lower level includes a comfortable living area with a kitchenette, while the upper level offers a serene bedroom and full bathroom. An expansive walk-in attic provides an exceptional amount of storage, a rarity for properties in central Austin. The outdoor space has been curated for low-maintenance luxury, with premium turf creating a lush, year-round green landscape. The backyard offers a polished setting for outdoor dining, entertaining, or everyday enjoyment, surrounded by lush privacy trees. Set within one of Austin’s most prestigious historic neighborhoods, this property embodies a unique blend of heritage, versatility, and modern livability, making it a truly exceptional offering in Pemberton Heights. SF and Lot Size per TCAD.

At $756/sqft, this home is priced 93% above the Austin active market average of $392/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

2412 Jarratt Ave, Austin, TX 78703

Property Details

Price $3,750,000
Status Active Listing
Beds 5
Full Baths 5
Half Baths 1
Living Area 4,962 sqft
Lot Size 0.21 acres (9,308.77 sqft)
Year Built 1941
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Pemberton Heights Sec 01
County Travis
Zip Code 78703
$/sqft $756/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $41,191
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT243987180
List Date August 20, 2026
Elementary School Casis
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.

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
1104 Maufrais St
Shelley Heights 02
$3,650,000 $1,000 5 bd / 4 ba 3,651 sqft , 2026-08-14
2114 W 11th St
George W Spear League
$3,547,990 $1,000 5 bd / 5 ba 3,548 sqft , 2026-08-21
1015 Gaston Ave
Shoal Terrace
$3,995,000 $879 4 bd / 5 ba 4,546 sqft , 2026-06-11
1202 Belmont Pkwy
Belmont
$3,495,000 $862 5 bd / 3 ba 4,054 sqft , 2026-08-19
2428 Jarratt Ave
Pemberton Heights Sec 01
$3,250,000 $877 4 bd / 4 ba 3,704 sqft , 2026-04-15

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
$18,000/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
$750,000
20% conventional investment loan

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

Estimated Gross Rent+$18,000
Principal + Interest−$20,465
Property Tax (~2.1% TX avg)−$6,563
Insurance (~0.5%)−$1,563
Est. Monthly Cash Flow $-10,591

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 23, 2026.

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