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$2,495,000

1609 W 12th St, Austin, TX, 78703

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths3 Bath
Baths2,875 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$867.83 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesBar Fridge, Dishwasher, Energy Star Qualified Appliances, Exhaust Fan, Free Standing Gas Range, Disposal, Gas Oven, Gas Range, Microwave, Plumbed For Ice Maker, Refrigerator, Stainless Steel Appliances, Tankless Water Heater, Vented Exhaust Fan, Wine Refrigerator
FlooringTile, Wood

Exterior

Exterior FeaturesPrivate Yard, Rain Gutters
Lot Size7,253 sqft

Building Information

Year Built2021
Stories2
Garage Spaces2

Land Information

APN0111030511
SubdivisionSpear G W
Land Use1 Family Dwelling
Legal DescriptionABS 697 SUR 7 SPEAR G W BLK 15 * 44 X 170FT
Census Tract001200
Assessed Land Value$829,739
Assessed Improvement Value$1,907,630
Assessment Year2025

About this property

Warm, modern living meets classic Clarksville charm in this beautifully reimagined urban retreat, just steps from Jeffrey's, Josephine House, and Café Medici. The original 1940 cottage was fully restored and expanded in 2023 with a sophisticated modern addition, creating a seamless 2,875 sq ft, 4-bedroom, 3.5-bath residence filled with curated details and refined craftsmanship. Inside, hand-selected finishes include marble handrails, full-slab backsplash, fluted cabinetry, boutique tile and wallpaper, and a striking wraparound skylight that floods the staircase tower with natural light. The lower-level kitchen is a showpiece with soapstone and marble counters, a Bertazzoni range, and paneled appliances. A spacious living and dining area opens directly to the private backyard and deck, creating effortless indoor-outdoor flow.The exterior features a metal and TPO roof, custom half-round gutters, Andersen windows, and a steel accordion door opening to thoughtfully designed landscaping with custom steel accents, irrigation, xeriscaping, and a composite deck. The original structure was taken to the studs and rebuilt with new electrical, plumbing, HVAC, spray-foam insulation, drywall, and a redesigned floor plan. Engineered oak flooring pairs with custom cabinetry and modern tile throughout. The comfortable primary suite features a spacious wet room with soaking tub and double shower, floating double vanity, and large walk-in closet. Laundry is available on both levels, with a stackable unit upstairs and full laundry room with sink below. Two additional bedrooms and a full secondary bath complete the bedroom level. At the main entry, the original portion offers a flexible bedroom, full bath, and bar with sink and beverage fridge, ideal as a guest suite, office, or private second living area. A private driveway and carport provide convenient alley access.

Investor Tools

Property Icon
$2,737,369
Estimated Property Value
$0Estimated Mortgage Balance
$2,737,369Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$16,424 /month
Positive
Cash Flow Estimate:
$5,475 /month

Interested in this property?

Wendi Slaton Anderson

Compass RE Texas, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$4,471/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$2,737,369
2025
$829,739
$1,907,630
$2,737,369
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$2,737,369

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$2,737,369
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,540/mo
N/A
+$2,540/mo
1.1%

Learn About the Market: Opportunity in Austin

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Explore

Austin

Austin may be the Live Music Capital of the World, but it’s also one of America’s fastest-growing innovation hubs. Fueled by tech expansion, the University of Texas, state government, and a steady influx of new residents, Austin blends startup energy with Hill Country charm.

From downtown high-rises overlooking Lady Bird Lake to booming suburbs like Round Rock and Leander, the region attracts younger professionals, entrepreneurs, and remote workers seeking opportunity with lifestyle. Austin isn’t just growing — it’s redefining what modern Texas looks like.

Explore Texas Explore This Area
Population Growth

Population Growth

~0.4%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$555,300

Unemployment Rate

Unemployment Rate

3.20%

Price Trend

Price Trend

~0.4% YoY growth

New Permits

New Permits

2,269 units

City: Austin

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1609 W 12th St | Property Details | No Agent List