Prime Investment Opportunity in Downtown Austin! Discover exceptional value at 40 Waller St Austin TX, ideally located in the heart of Austin’s vibrant urban core. This property offers a rare chance to secure real estate in one of the city’s fastest-growing and most desirable districts. Surrounded by major employers, top restaurants, entertainment, and the serene Lady Bird Lake hike-and-bike trail, this location attracts strong demand from both residents and short-term/long-term renters. Featuring a highly walkable setting, easy access to transit, and close proximity to East Austin’s thriving tech and creative corridors, 40 Waller St. Austin stands out as a versatile investment with outstanding upside potential. Whether you’re seeking a steady income-producing asset or a strategic hold in a premier growth market, this property delivers the ideal combination of location, convenience, and long-term value. Don’t miss this unique opportunity to expand your portfolio with a property positioned for sustained appreciation in Downtown Austin.
Active
$1,200,000
40 Waller St, Austin, TX 78702
4beds
1,452sqft
Single Family Residence
Built in 1920
7,501 Square Feet Lot
$1,145,900 Zestimate®
$826/sqft
$-- HOA
What's special
- 219 days |
- 121 |
- 2 |
Zillow last checked:
Listing updated:
Listed by:
Olga Aguirre-Vences (888) 455-6040,
Fathom Realty (888) 455-6040
Source: Unlock MLS,MLS#: 8033659
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
- Main level bedrooms: 3
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Free-Standing Range
Features
- Primary Bedroom on Main
- Flooring: Laminate, Wood
- Windows: None
- Fireplace features: None
Interior area
- Total interior livable area: 1,452 sqft
Property
Parking
- Parking features: Carport, Gated
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Porch
- Exterior features: None
- Pool features: None
- Spa features: None
- Fencing: Chain Link, Fenced
- Has view: Yes
- View description: City, Lake, River
- Has water view: Yes
- Water view: Lake,River
- Waterfront features: None
Lot
- Size: 7,501 Square Feet
- Dimensions: 75
- Features: Corner Lot, Level, Trees-Large (Over 40 Ft)
Details
- Additional structures: None
- Parcel number: 02010406280000
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Foundation: Pillar/Post/Pier
- Roof: Composition
Condition
- Resale
- New construction: No
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Natural Gas Available
Community & HOA
Community
- Features: None
- Subdivision: Lambies R C Resub Voss
HOA
- Has HOA: No
Location
- Region: Austin
Financial & listing details
- Price per square foot: $826/sqft
- Tax assessed value: $745,710
- Annual tax amount: $14,778
- Date on market: 11/26/2025
- Listing terms: See Remarks,Contract
- Electric utility on property: Yes
Estimated market value
$1,145,900
$1.09M - $1.20M
$3,434/mo
Price history
| Date | Event | Price |
|---|---|---|
| 11/26/2025 | Listed for sale | $1,200,000+41.2%$826/sqft |
Source: | ||
| 3/9/2020 | Listing removed | $850,000$585/sqft |
Source: All City Real Estate Ltd. Co #7287084 Report a problem | ||
| 2/22/2020 | Price change | $850,000-5.6%$585/sqft |
Source: All City Real Estate Ltd. Co #7287084 Report a problem | ||
| 2/9/2020 | Listed for sale | $900,000$620/sqft |
Source: All City Real Estate Ltd. Co #7287084 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $15,261 +266.8% | $745,710 +7.1% |
| 2024 | $4,160 +15.4% | $695,968 +10% |
| 2023 | $3,607 +5.5% | $632,698 +10% |
| 2022 | $3,420 | $575,180 +10% |
| 2021 | -- | $522,891 +10% |
| 2020 | $3,566 +25.1% | $475,355 -15.9% |
| 2019 | $2,849 +25.8% | $565,428 +43.9% |
| 2018 | $2,265 | $392,855 +10% |
| 2017 | $2,265 +15.5% | $357,141 +10% |
| 2016 | $1,961 | $324,674 +10% |
| 2015 | $1,961 | $295,158 +10% |
| 2014 | $1,961 | $268,325 +10% |
| 2013 | -- | $243,932 +10% |
| 2012 | -- | $221,756 +10% |
| 2011 | -- | $201,596 +10% |
| 2010 | -- | $183,269 +10% |
| 2009 | -- | $166,608 +10% |
| 2008 | -- | $151,462 +12.1% |
| 2007 | -- | $135,112 +10% |
| 2006 | -- | $122,829 +10% |
| 2005 | -- | $111,663 +28.6% |
| 2002 | $188 | $86,838 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: East Cesar Chavez
Nearby schools
GreatSchools rating
- 1/10Sanchez Elementary SchoolGrades: PK-6Distance: 0.2 mi
- 1/10Martin Middle SchoolGrades: 7-8Distance: 0.3 mi
- 7/10Austin High SchoolGrades: 9-12Distance: 2.3 mi
Schools provided by the listing agent
- Elementary: Sanchez
- Middle: Martin
- High: Austin
- District: Austin ISD
Source: Unlock MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Texas
- Travis County
- Austin
- 78702
- East Cesar Chavez
- 40 Waller St






