Active Listing  ·  10 days on market

800 W Gibson St

Austin, TX 78704
$895,000
2 Bed 2 Bath 1,335 sqft $670/sqft Built 1939 0.10 acres Pool South Heights

Three blocks from South Congress, this 1939 bungalow sits on a corner lot at Gibson and South 3rd in Bouldin's South Heights. Sitting beneath a canopy of trees, the lot runs just under a tenth of an acre with frontage on both streets, in a neighborhood built for walking. South Congress's shops and restaurants are minutes away on foot, Lady Bird Lake's hike-and-bike trail and Zilker Park are a short walk or bike ride beyond that, and downtown Austin is a quick 5 minutes drive.

Inside, 1,335 square feet showcases the 1939 period detail: hardwood floors and crown molding, with a kitchen finished in checkerboard tile, butcher block counters, and subway tile. A covered carport sits just off the kitchen.

The primary bedroom holds its original hardwood floors and crown molding. Below, an additional room opens beneath exposed beams, with built-in shelving and glass block windows on both the sitting area and the stairwell.

Outside, a wood deck and a covered side porch look onto a landscaped side yard, and striped black-and-white awnings mark the house from the street.

Bouldin has kept its scale even as Austin has grown up around it, and the mix of original 1930s bungalows with the shops and restaurants along South Congress is what gives the neighborhood its character. This house has been part of that continuity since 1939. A private showing is the best way to see how much of that history the house still carries.

At $670/sqft, this home is priced 71% 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

800 W Gibson St, Austin, TX 78704

Property Details

Price $895,000
Status Active Listing
Beds 2
Full Baths 2
Half Baths ,
Living Area 1,335 sqft
Lot Size 0.10 acres (4,181.76 sqft)
Year Built 1939
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision South Heights
County Travis
Zip Code 78704
$/sqft $670/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $16,837.86
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT241451494
List Date August 14, 2026
Elementary School Becker
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
1118 Algarita Ave #2
1118 Algarita Condos
$895,000 $499 3 bd / 3 ba 1,792 sqft , 2026-07-30
900 S 1st St #312
Bouldin Creek
$899,000 $549 3 bd / 2 ba 1,639 sqft , 2026-08-20
1900 Barton Springs Rd #2026
Zilkr/Pk Condos
$900,000 $694 2 bd / 2 ba 1,296 sqft , 2026-04-22
411 W Live Oak St
Sheltons
$900,000 $506 3 bd / 2 ba 1,780 sqft , 2026-05-15
1801 Travis Heights Blvd
Travis Heights
$875,000 $827 3 bd / 1 ba 1,058 sqft , 2026-01-09

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
$4,296/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
$179,000
20% conventional investment loan

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

Estimated Gross Rent+$4,296
Principal + Interest−$4,884
Property Tax (~2.1% TX avg)−$1,566
Insurance (~0.5%)−$373
Est. Monthly Cash Flow $-2,527

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 August 22, 2026.

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