Active Listing  ·  617 days on market

2504 Wildgrove Dr

Austin, TX 78704
$1,250,000
3 Bed 2 Bath 1,816 sqft $688/sqft Built 1965 0.24 acres 2-Car Garage Pool Barton Terrace Sec 03

Nestled in one of Austin's most coveted neighborhoods. This charming three-bedroom, two-bathroom home spans 1,816 square feet and offers the perfect blend of comfort and potential. The property comes complete with architectural plans for a 4,070 square foot contemporary design, allowing you to transform this space into your dream residence. Currently configured as a successful short-term rental, this home presents multiple pathways to ownership, whether as an investment property or your personal sanctuary. The location truly sets this property apart, placing you within walking distance of Austin's most beloved attractions. Step outside your door to experience the natural splendor of Zilker Park, take a refreshing dip in Barton Springs, or immerse yourself in the city's legendary music scene. This property strikes the perfect balance between peaceful residential living and urban convenience, offering a unique opportunity to own a piece of Austin's vibrant culture. Whether you're looking to maintain its current success as a rental property or reimagine it as your personal haven, this home provides the canvas for your Austin dreams to take shape. Experience the best of Austin living- where nature, culture, and community converge at your doorstep.

At $688/sqft, this home is priced 76% 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

2504 Wildgrove Dr, Austin, TX 78704

Property Details

Price $1,250,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,816 sqft
Lot Size 0.24 acres (10,319.36 sqft)
Year Built 1965
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Barton Terrace Sec 03
County Travis
Zip Code 78704
$/sqft $688/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $19,666.41
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT124273014
List Date November 25, 2024
Elementary School Barton Hills
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
205 Medina St #1
SHELLEY N G SUBD
$1,250,000 $754 3 bd / 3 ba 1,657 sqft , 2025-10-10
2002 Kinney Ave #B
Kinney Ave Condo Amd 2002
$1,250,000 $654 3 bd / 3 ba 1,910 sqft , 2025-09-25
1615 Spyglass Dr #4
Park 10 Condo Amd
$1,250,000 $558 3 bd / 3 ba 2,241 sqft , 2026-05-27
1227 Newning Ave #10
Travis Heights
$1,250,000 $555 3 bd / 4 ba 2,252 sqft , 2026-06-24
1179 Poquito St
Foster
$1,250,000 $887 2 bd / 2 ba 1,410 sqft , 2026-05-15

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
$6,000/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
$250,000
20% conventional investment loan

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

Estimated Gross Rent+$6,000
Principal + Interest−$6,822
Property Tax (~2.1% TX avg)−$2,188
Insurance (~0.5%)−$521
Est. Monthly Cash Flow $-3,531

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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