Active Listing  ·  20 days on market

1303 Azie Morton Rd #10

Austin, TX 78704
$1,290,000
4 Bed 3 Bath 2,068 sqft $624/sqft Built 2012 0.11 acres 2-Car Garage Pool Zilker Terrace Condo

Live where Austin comes alive. Located in the highly sought-after Zilker Terrace community in coveted 78704, this beautifully designed residence places you just minutes from Zilker Park, Barton Springs Pool, Lady Bird Lake, South Lamar, Downtown Austin, acclaimed restaurants, boutique shopping, live music, and Austin's iconic Trail of Lights.

Inside, premium upgrades distinguish this home from others in the community. The chef-inspired kitchen features abundant cabinetry, expansive countertop space, stainless steel appliances, a functional center island, and an open layout designed for everyday living and effortless entertaining.

Custom built-in cabinetry creates architectural character with an impressive entertainment center and elegant buffet/bar, offering additional storage and functionality rarely found in similar floorplans.

A flexible layout includes a main-level bedroom and full bathroom, ideal for guests, a home office, fitness room, or multi-generational living. Upstairs, you'll find the spacious primary suite, two additional bedrooms, two full bathrooms, and conveniently located second-floor laundry.

Stained concrete flooring throughout the main level provides modern style and durability, while warm wood flooring extends throughout the upstairs bedrooms and hallway, complemented by tile bathrooms.

The light-filled sunroom is the home's signature feature, creating the perfect space for morning coffee, entertaining, working from home, or relaxing with an evening glass of wine while overlooking the beautifully landscaped backyard. Artificial turf, mature landscaping, stone accents, and multiple outdoor living areas maximize both privacy and usable space.

Combining exceptional upgrades, functional living spaces, and one of Austin's most desirable locations, this is an outstanding opportunity to own in the heart of 78704.

At $624/sqft, this home is priced 60% 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

1303 Azie Morton Rd #10, Austin, TX 78704

Property Details

Price $1,290,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,068 sqft
Lot Size 0.11 acres (4,935.35 sqft)
Year Built 2012
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Zilker Terrace Condo
County Travis
Zip Code 78704
$/sqft $624/sqft
Days on Market ,
HOA $720/Quarterly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT236993965
List Date July 15, 2026
Elementary School Zilker
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
3401 Clearview Dr
Walsh Place Div A Amd
$1,292,000 $606 3 bd / 3 ba 2,133 sqft , 2026-06-01
1175 Navasota St #2
Robertson George L
$1,294,950 $532 4 bd / 4 ba 2,435 sqft , 2025-10-10
2113 Oxford Ave
Oak Hill Add
$1,285,000 $626 3 bd / 3 ba 2,052 sqft , 2026-06-15
1300 Haskell St
Free & Williams
$1,295,000 $587 4 bd / 3 ba 2,208 sqft , 2026-04-27
2838 Montebello Rd #D18
Treemont Park Amd
$1,298,000 $580 3 bd / 3 ba 2,238 sqft , 2026-07-15

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
$6,192/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
$258,000
20% conventional investment loan

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

Estimated Gross Rent+$6,192
Principal + Interest−$7,040
Property Tax (~2.1% TX avg)−$2,258
Insurance (~0.5%)−$538
Est. Monthly Cash Flow $-3,644

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 Zilker

Zilker is Austin's outdoor living capital - a neighborhood defined by Barton Springs Pool, 351 acres of Zilker Park, and direct access to the Barton Creek Greenbelt and Lady Bird Lake hike-and-bike trail. It's where Austin's outdoor culture is most concentrated, and it attracts buyers who prioritize lifestyle as much as real estate.

The housing stock is a mix of 1950s to 70s ranch homes - many still with original character - and increasingly, new custom construction replacing the teardown lots that make up a growing share of the market. Entry-level Zilker (smaller older homes, some needing updates) starts around $600K. Renovated homes and new builds run $1M to $3M+.

🏊
Barton Springs Pool

Austin's iconic spring-fed swimming pool - 68°F year-round, free for residents, a short walk from most Zilker addresses. The defining amenity of the neighborhood.

🌳
Zilker Park

351 acres of parkland on the south shore of Lady Bird Lake. Kite Festival, ACL Music Festival, Austin City Limits taping - all happen here. In Zilker, you live next door to all of it.

🚴
Trail Access

Direct access to the 10-mile Lady Bird Lake hike-and-bike trail and the Barton Creek Greenbelt - 12+ miles of natural swimming holes and hiking. Austin's best outdoor infrastructure, right out your door.

📍
Location

5 minutes to downtown, 2 minutes to SoCo, walking distance to some of Austin's best restaurants. Zilker has the location of Central Austin without the price of Tarrytown or Clarksville.

Full Zilker 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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