Active Listing  ·  13 days on market

802 W Gibson St

Austin, TX 78704
$749,000
1 Bed 1 Bath 752 sqft $996/sqft Built 1939 0.08 acres Pool South Heights

Charming Bouldin Cottage in an Unbeatable Location. This adorable one bedroom cottage in the heart of Bouldin, one of Austin’s most beloved and walkable neighborhoods. Full of charm and character, this cozy home offers an inviting retreat with the classic feel of a Bouldin cottage and the convenience of being just minutes from downtown, South Congress, Zilker Park, and some of the city’s favorite restaurants, coffee shops, and local hotspots.The thoughtfully designed layout makes the most of every square foot, creating a comfortable and functional home that is equally well suited for a full-time residence, pied-à-terre, or investment property. Enjoy the character and intimacy of a classic Austin cottage while being surrounded by the energy and lifestyle that make Bouldin so special. A rare opportunity to own a charming piece of one of Austin’s most desirable neighborhoods.

At $996/sqft, this home is priced 154% 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

802 W Gibson St, Austin, TX 78704

Property Details

Price $749,000
Status Active Listing
Beds 1
Full Baths 1
Half Baths ,
Living Area 752 sqft
Lot Size 0.08 acres (3,371.54 sqft)
Year Built 1939
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision South Heights
County Travis
Zip Code 78704
$/sqft $996/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $9,976.61
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT247931135
List Date September 25, 2026
Elementary School Zilker
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.

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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
360 Nueces St #2704
Residential Condo Amd 360
$769,000 $771 2 bd / 2 ba 998 sqft , 2025-10-24
804 W Annie St #2
Bouldin
$725,000 $853 2 bd / 2 ba 850 sqft , 2026-07-02
1401 Eva St #206
04 Flats Condo Amd
$720,000 $741 2 bd / 2 ba 972 sqft , 2026-09-08
1709 Drake Ave
Fairview Park
$795,000 $935 2 bd / 1 ba 850 sqft , 2026-09-10
1600 Barton Springs Rd #6602
Bartonplace Condo
$639,000 $682 2 bd / 2 ba 937 sqft , 2026-09-30

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
$3,595/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
$149,800
20% conventional investment loan

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

Estimated Gross Rent+$3,595
Principal + Interest−$4,088
Property Tax (~2.1% TX avg)−$1,311
Insurance (~0.5%)−$312
Est. Monthly Cash Flow $-2,116

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 October 7, 2026.

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