Active Listing  ·  20 days on market

705 Patterson Ave

Austin, TX 78703
$899,000
2 Bed 1 Bath 1,131 sqft $795/sqft Built 1916 0.16 acres Pool West End Heights

A true Clarksville gem, this charming 100-year-old Craftsman bungalow beautifully blends historic character with modern comfort. Offering 2 bedrooms and 1 bathroom, the home features original loblolly pine floors, custom built-ins, and unique architectural details that reflect its rich history. Funky tile accents in the kitchen and bathroom add a fun, distinctive touch.

Outside, a covered front porch spans the width of the home, creating the perfect spot to enjoy your morning coffee, while a spacious ipe hardwood deck overlooks the oversized backyard and its magnificent 400-year-old heritage oak. The private, lush outdoor space feels like a true oasis—ideal for relaxing, entertaining, or enjoying Austin's beautiful weather. A storage shed provides additional space for tools, bikes, and outdoor gear, while convenient alley access adds flexibility and opens the door to explore the potential for an additional unit off the alley.

Located in the heart of beloved Clarksville, you'll be just minutes from some of Austin's best cafes, boutiques, restaurants, and neighborhood favorites. With its unbeatable location, vintage charm, generous lot, and exciting future potential, this special bungalow offers a quintessential Austin living experience with room to make it your own.

At $795/sqft, this home is priced 103% 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

705 Patterson Ave, Austin, TX 78703

Property Details

Price $899,000
Status Active Listing
Beds 2
Full Baths 1
Half Baths ,
Living Area 1,131 sqft
Lot Size 0.16 acres (6,786.65 sqft)
Year Built 1916
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision West End Heights
County Travis
Zip Code 78703
$/sqft $795/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $19,824.96
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT245388662
List Date September 2, 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
301 West Ave #3208
N/A
$899,000 $899 1 bd / 1 ba 1,000 sqft , 2026-05-27
360 Nueces St #3109
Residential Condo Amd 360
$899,000 $723 2 bd / 2 ba 1,244 sqft , 2026-08-26
360 Nueces St #3602
Residential Condo AMD 360
$885,000 $836 2 bd / 2 ba 1,059 sqft , 2026-09-18
1900 Barton Springs Rd #2026
Zilkr/Pk Condos
$879,000 $678 2 bd / 2 ba 1,296 sqft , 2026-04-22
800 W 5th St #1004
Austin City Lofts
$850,000 $782 1 bd / 1 ba 1,087 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
$4,315/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
$179,800
20% conventional investment loan

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

Estimated Gross Rent+$4,315
Principal + Interest−$4,906
Property Tax (~2.1% TX avg)−$1,573
Insurance (~0.5%)−$375
Est. Monthly Cash Flow $-2,539

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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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 · 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 September 14, 2026.

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