Active Listing  ·  666 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 75% 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

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.

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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 · November 25, 2024 $1,362,000
Previous ask $1,292,000
Current ask $1,250,000
Reduced $112,000 (-8.2%) 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
2002 Kinney Ave #B
Kinney Ave Condo Amd 2002
$1,250,000 $654 3 bd / 3 ba 1,910 sqft , 2025-09-25
2002 Kinney Ave #A
Kinney Ave Condo Amd 2002
$1,275,000 $652 3 bd / 3 ba 1,956 sqft , 2026-03-15
915 Garner Ave
Barton Heights
$1,275,000 $580 4 bd / 3 ba 2,198 sqft , 2026-06-04
1303 Azie Morton Rd #10
Zilker Terrace Condo
$1,290,000 $624 4 bd / 3 ba 2,068 sqft , 2026-07-15
1710 S 5th St #2
Bouldin Add North Ext
$1,299,000 $711 3 bd / 4 ba 1,826 sqft , 2026-04-17

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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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 September 16, 2026.

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