Active Listing  ·  12 days on market

1912 Hether St

Austin, TX 78704
$1,850,000
4 Bed 4 Bath 2,499 sqft $740/sqft Built 2020 0.15 acres 1-Car Garage Pool Shelton Margaret G

Living at 1912 Hether is as if all the best things about Austin were distilled into one property: great design, porches made for lingering with friends, grackles chattering from the pecan tree, the crossing guard guiding kids to school across the street, neighbors waving hello, covered parking and great food and live music woven into everyday life. On a corner lot in the heart of Zilker, this 4-bed+study, 3.5-bath home was completed in 2020 by Kipp Flores Architects. European white oak floors, generous living spaces, tall ceilings and abundant natural light give the interiors an easy sophistication. The open-concept kitchen centers around an oversized island with Calacatta quartz, custom two-tone cabinetry, Thermador appliances, a Zephyr wine refrigerator, built-in storage and walk-in pantry. The living room, study, dining room, half bath, mudroom and laundry room complete the main level, with a carport and one-car garage with EV charger. All 4 bedrooms are upstairs, including the primary suite with vaulted ceilings, soaking tub, walk-in shower and walk-in closet. A second bedroom has an en suite bath, while the two additional bedrooms share the third full bath. Out back, a covered patio and built-in DCS grill sit beneath the pecan tree, creating a shaded outdoor room for year-round living. A 14.8 kW, 40-panel solar system was added in 2021, with swale irrigation added in 2022. There is an ease to life here that is hard to replicate. Zilker Elementary/Little Zilker Park are across the street & the Zilker Farmers Market, starting this fall, will be just steps away. Walk to Zilker Park for ACL Fest or a picnic, plunge into Barton Springs, pick up a sourdough boule at ThoroughBread, grab coffee at Desnudo, or take the Butler Trail downtown where restaurants, live music and the everyday rhythm of Austin are all close at hand. This is Zilker at its best: cultured, design-forward, community-minded and unmistakably Austin.

At $740/sqft, this home is priced 89% 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

1912 Hether St, Austin, TX 78704

Property Details

Price $1,850,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths 1
Living Area 2,499 sqft
Lot Size 0.15 acres (6,438.17 sqft)
Year Built 2020
Garage 1 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Shelton Margaret G
County Travis
Zip Code 78704
$/sqft $740/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $31,607.22
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT245199762
List Date September 10, 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.

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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
2209 S 1st St #401
One Oak Condominiums
$1,849,000 $919 3 bd / 3 ba 2,013 sqft , 2026-09-18
1710 S 5th None #1
Bouldin Add North Ext
$1,750,000 $641 4 bd / 5 ba 2,732 sqft , 2026-08-10
2300 Rae Dell Ave
Rabb Inwood Hills Amd
$1,749,000 $531 4 bd / 3 ba 3,293 sqft , 2026-09-17
2704 Oak Park Dr
Barton Hills
$1,999,000 $702 4 bd / 3 ba 2,846 sqft , 2026-06-17
2105 Goodrich Ave #5
Barton Skyline Garden Homes
$1,700,000 $556 3 bd / 4 ba 3,059 sqft , 2026-08-26

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
$8,880/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
$370,000
20% conventional investment loan

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

Estimated Gross Rent+$8,880
Principal + Interest−$10,096
Property Tax (~2.1% TX avg)−$3,238
Insurance (~0.5%)−$771
Est. Monthly Cash Flow $-5,225

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 20, 2026.

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