About This Home

None

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

504 W 7th St, Austin, TX 78701

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Property Details

Price $3,500,000

Status Active Listing

Beds 6

Full Baths 3

Half Baths 1

Living Area 5,089 sqft

Lot Size 0.15 acres (6,398.96 sqft)

Year Built 1951

Garage ,

Stories ,

Type Residential · Single Family Residence

Subdivision Block 079 Original City

County Travis

Zip Code 78701

$/sqft $688/sqft

Days on Market ,

HOA None / verify with agent

Annual Tax Est. $34,714.33

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT123171701

List Date April 21, 2025

Elementary School Mathews

Middle School O Henry

High School Austin

School District ,

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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

110 Bella Montagna Cir
Bella Montagna $3,500,000 $658 5 bd / 7 ba 5,318 sqft , 2026-03-13

244 Zonetail Cv
Hawk Ridge Ph 1 $3,495,000 $756 5 bd / 5 ba 4,626 sqft , 2026-05-14

5403 Ridge Oak Dr
Highland Park West Sec 02 $3,495,000 $827 6 bd / 4 ba 4,224 sqft , 2026-06-19

1101 Eternity Ter
The Overlook at Westlake $3,537,578 $781 5 bd / 5 ba 4,530 sqft , 2026-05-04

1500 The High Rd
Westlake Highlands $3,450,000 $948 5 bd / 5 ba 3,638 sqft , 2026-07-08

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

$16,800/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

$700,000

20% conventional investment loan

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

Estimated Gross Rent+$16,800

Principal + Interest−$19,101

Property Tax (~2.1% TX avg)−$6,125

Insurance (~0.5%)−$1,458

Est. Monthly Cash Flow $-9,884

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

504 W 7th St

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Austin, TX

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