Active Listing  ·  162 days on market

613 Baylor St

Austin, TX 78703
$2,500,000
4 Bed 3 Bath 3,870 sqft $646/sqft Built 1907 0.21 acres 2-Car Garage Pool Ledbetter & Greathouse

Clarksville, one of the most sought-after neighborhoods in central Austin, where you can walk to everything. Incredibly special property with 5 distinct “units” that can be rented, this property also presents an ideal single-family residence featuring both attached and detached guest quarters-perfect for extended living, hosting, or added flexibility. Enjoy access to an array of culinary delights, with dozens of restaurants, bars, and retail, all just steps from your front and back door. The flagship Whole Foods stands nearby, making grocery shopping a cinch. Additionally, owners can enjoy the natural beauty of Lady Bird Lake's hike and bike trail, the YMCA, & Pease Park. Beyond its prime location, the property offers incredible residential income opportunity with a main house plus three, or possibly four, apartments with varying bedroom and bathroom mixes (see agent for unit breakdown). Each offers a charming blend of historic charm and modern convenience. Architecturally distinguished, the house and its counterparts on Baylor Street & West 9th Street date back to the early 1900s, having been carefully restored to preserve their original charm. The previous owner seamlessly combined a craftsman-style main house with Unit B, creating a living space that accommodates two to four bedrooms, an office, downstairs studio/living room, walk-in closet, laundry room, and two full bathrooms. The property is complete with two additional detached units and one private unit that could be rented or used as a guest apartment, plus an off-street parking area for three vehicles and a spacious two-car garage with storage and washer-dryer hookups. The custom decorative iron fence, crafted by welder/metalsmith Andy Reed a decade ago, adds a touch of elegance to the property. The current owner bought it for family to attend UT and cleaned it up immensely in their short time owning the property. It's clean, beautiful, and ready to be enjoyed! Call or text today for an easy showing!

At $646/sqft, this home is priced 65% 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

613 Baylor St, Austin, TX 78703

Property Details

Price $2,500,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 3,870 sqft
Lot Size 0.21 acres (9,029.99 sqft)
Year Built 1907
Garage 2 spaces
Stories ,
Type Residential · See Remarks
Subdivision Ledbetter & Greathouse
County Travis
Zip Code 78703
$/sqft $646/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $39,599.48
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT220252814
List Date February 23, 2026
Elementary School Mathews
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.

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
10912 Centennial Trl
Laurel Canyon Ph 01
$2,500,000 $639 4 bd / 4 ba 3,911 sqft , 2026-04-14
2 Rock Way Cv
Clark Robert B
$2,500,000 $718 5 bd / 3 ba 3,483 sqft , 2026-05-29
1514 NEWTON St
SWISHER ADDN
$2,500,000 $775 5 bd / 4 ba 3,227 sqft , 2026-06-02
1707 Willow St
Riverside
$2,500,000 $934 4 bd / 5 ba 2,677 sqft , 2026-07-31
5711 Pool Canyon Cv
Hudson Bend Colony 02
$2,499,000 $562 4 bd / 4 ba 4,444 sqft , 2026-03-04

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
$12,000/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
$500,000
20% conventional investment loan

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

Estimated Gross Rent+$12,000
Principal + Interest−$13,644
Property Tax (~2.1% TX avg)−$4,375
Insurance (~0.5%)−$1,042
Est. Monthly Cash Flow $-7,061

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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