Active Listing  ·  117 days on market

611 W Johanna St

Austin, TX 78704
$1,188,000
3 Bed 3 Bath 1,933 sqft $615/sqft Built 2002 0.11 acres Pool Bouldin James E Add

located in the heart of Bouldin Creek, this 3-bedroom, 2.5-bath two-story home offers the perfect blend of lifestyle, location, and income potential. Just steps from some of Austin’s most popular spots on South 1st Street—including Polvos, Elizabeth Street Café, Fresa’s, and local food trucks—you’re right in the middle of everything. The home features a functional layout with all bedrooms upstairs, including a spacious primary suite with a large walk-in shower, walk-in closet, and private balcony overlooking the backyard. Outside, enjoy a beautifully shaded yard anchored by a mature pecan tree, creating a comfortable space for relaxing or entertaining. The backyard is fully set up with outdoor seating, dining space, and a cowboy pool—perfect for cooling off during Austin summers. Ideally located just minutes from downtown Austin, Zilker Park, South Congress, and major city attractions, this property offers both convenience and strong appeal as a primary residence, second home, or short-term rental investment. Location Highlights: • Downtown Austin / 6th Street – ~2 miles (6 min) • Zilker Park & Barton Springs – ~2.5–3.5 miles (10 min) • South Congress (SoCo) – Minutes away • Texas Capitol – ~2.4 miles (9 min) • University of Texas – ~3.5 miles (13 min) • Austin-Bergstrom Airport – ~9 miles (13 min)

At $615/sqft, this home is priced 57% 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

611 W Johanna St, Austin, TX 78704

Property Details

Price $1,188,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,933 sqft
Lot Size 0.11 acres (4,617.36 sqft)
Year Built 2002
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Bouldin James E Add
County Travis
Zip Code 78704
$/sqft $615/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $26,962.76
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT225517643
List Date April 9, 2026
Elementary School Becker
Middle School Lively
High School Travis
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
503 E 46th St
Staehely
$1,185,000 $667 3 bd / 2 ba 1,777 sqft , 2026-04-12
2005 Sharon Ln
Ward & Treadwell
$1,195,000 $715 4 bd / 1 ba 1,672 sqft , 2026-05-09
8506 Walhill Cv
Twin Mesa
$1,195,000 $462 3 bd / 2 ba 2,584 sqft , 2026-05-14
1711 Eva St
Swisher Add
$1,195,000 $854 2 bd / 3 ba 1,400 sqft , 2026-05-29
2308 Crazyhorse Pass
Apache Shore
$1,196,000 $477 4 bd / 3 ba 2,506 sqft , 2026-04-03

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
$5,702/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
$237,600
20% conventional investment loan

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

Estimated Gross Rent+$5,702
Principal + Interest−$6,483
Property Tax (~2.1% TX avg)−$2,079
Insurance (~0.5%)−$495
Est. Monthly Cash Flow $-3,355

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 →

Neighborhood Context

About Bouldin Creek

Bouldin Creek is the neighborhood that defines South Austin to most Austinites. Bounded by South Lamar to the west and South First to the east, it sits at the center of South Austin's restaurant and nightlife scene while maintaining the residential feel that makes it so desirable.

The housing stock is predominantly craftsman bungalows and cottages - the kind of homes you'd see on real estate Instagram if it actually showed real neighborhoods. Many have been lovingly renovated while maintaining their character. New construction townhomes and modern infill have appeared, but the neighborhood has enough historic character to absorb them without losing its identity.

South First Corridor

South First Street runs through the neighborhood with a concentration of beloved coffee shops, restaurants, and bars. Jo's Coffee, Home Slice Pizza, and Hopdoddy are all minutes away.

🏡
Bungalow Character

Among Austin's highest concentrations of intact craftsman bungalows. The architecture gives the neighborhood an identity and cohesion that newer areas lack.

🐕
Dog-Friendly

Bouldin Creek is extremely dog-friendly - multiple off-leash areas, dog-friendly patios, and a culture that treats dogs as full community members.

🎸
Music & Nightlife

Walking distance to Emo's, Continental Club, and the entire South Lamar nightlife corridor. Live music is part of the daily soundtrack.

Full Bouldin Creek Guide →

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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