Active Listing  ·  16 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

**ESTABLISHED INCOME-PRODUCING RENTAL PROPERTY IN SOUTH AUSTIN | 78704!**

Looking for an investment property with a proven rental history? Welcome to 611 W Johanna St, a 3-bedroom, 3-bathroom home offering 1,933 square feet in one of Austin's most desirable locations.

This property has operated as a successful short-term rental since 2021, generating approximately **$69,500 in average annual gross Airbnb revenue from 2021–2025**, according to seller-provided records. This figure does not include additional revenue reported from VRBO or direct bookings.

**PLEASE NOTE: This is an actively occupied rental property, and showing availability is limited due to existing guest reservations and rental commitments.** The property's rental activity is an important part of its investment appeal, and prospective buyers are encouraged to contact the listing agent to coordinate available showing opportunities.

DUE TO HIGH AIRBNB DEMAND SHOWINGS ARE ONLY AVAILABLE (Subject to approval)

November 6: 1–3 PM

November 12: 1–3 PM

November 19: 1–3 PM

November 20: 1–3 PM

November 22: 1–3 PM

NO EXCEPTIONS, PLEASE DO NOT BOTHER AIRBNB TENANTS.

In addition to its established Airbnb history, the home has been utilized for longer-term furnished rentals, offering prospective investors multiple rental strategies to evaluate.

Whether you're an experienced investor looking to expand your portfolio or a buyer interested in a South Austin property with established rental history, this is an opportunity worth exploring. Historical rental information is available upon request.

**ALL OFFERS WILL BE REVIEWED NOVEMBER 12, 2026.** Interested buyers are encouraged to contact the listing agent early to discuss rental history, occupancy arrangements, and showing availability.

At $615/sqft, this home is priced 58% above the Austin active market average of $390/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. $22,118.66
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT251031539
List Date October 27, 2026
Elementary School Becker
Middle School Lively
High School Travis
School District Austin ISD

Austin ISD

Becker · Lively · Travis

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
915 Garner Ave
Barton Heights
$1,195,000 $544 4 bd / 3 ba 2,198 sqft , 2026-06-04
308 Ben Howell Dr
See HOA Docs
$1,224,950 $512 4 bd / 4 ba 2,392 sqft , 2026-11-01
1711 Eva St
Swisher Add
$1,150,000 $821 2 bd / 3 ba 1,400 sqft , 2026-05-29
1600 S 1st St #410
Bouldin Creek
$1,150,000 $629 3 bd / 3 ba 1,827 sqft , 2026-09-15
2002 Kinney Ave #B
Kinney Ave Condo Amd 2002
$1,250,000 $654 3 bd / 3 ba 1,910 sqft , 2025-09-25

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 (assumes 20% down · 7.25% rate)

Estimated Gross Rent+$5,702
Principal + Interest−$6,483
Property Tax (assumed ~2.1%)−$2,079
Insurance (assumed ~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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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 · 41 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. The written content was last updated on November 9, 2026.

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

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