About This Home

Location, location! Very walkable area of 78704. Alley entrance, half block from S. First and capital metro bus

route. Two bedroom and two full bath bungalow ready for a full remodel or tear down. Walking

distance to restaurants, bars, food trailer park and SOCO. Less than 3 minutes drive to downtown. Zoned SF3-NP. No survey of property. Buyer to purchase survey.

At $631/sqft, this home is priced 61% above the Austin active market average of $392/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

611 W Live Oak St, Austin, TX 78704

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Property Details

Price $699,000

Status Active Listing

Beds 2

Full Baths 2

Half Baths ,

Living Area 1,107 sqft

Lot Size 0.13 acres (5,793.48 sqft)

Year Built 1935

Garage ,

Stories ,

Type Residential · Single Family Residence

Subdivision Bouldin South Ext

County Travis

Zip Code 78704

$/sqft $631/sqft

Days on Market ,

HOA None / verify with agent

Annual Tax Est. $15,649

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT241603207

List Date August 12, 2026

Elementary School Galindo

Middle School Lively

High School Travis

School District ,

Have Questions About This Property?

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

1110 W Oltorf St
Southwood Sec 01 $699,900 $529 3 bd / 1 ba 1,323 sqft , 2026-03-05

2510 Little John Ln
Sherwood Oaks Sec 03 $699,999 $503 3 bd / 2 ba 1,393 sqft , 2026-04-10

2209 S 1st St #237
Bouldin $679,000 $633 2 bd / 2 ba 1,072 sqft , 2026-06-17

2805 S 5th St
Oak Ridge Heights Sec 03 $725,000 $620 2 bd / 1 ba 1,170 sqft , 2025-10-10

511 South Park Dr #2
Dawson $649,900 $488 2 bd / 3 ba 1,332 sqft , 2026-07-14

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

$3,355/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

$139,800

20% conventional investment loan

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

Estimated Gross Rent+$3,355

Principal + Interest−$3,815

Property Tax (~2.1% TX avg)−$1,223

Insurance (~0.5%)−$291

Est. Monthly Cash Flow $-1,974

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

About the Author

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 August 13, 2026.

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

611 W Live Oak St