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
$1,154,500 Zestimate®
$826/sqft
$-- HOA
What's special
- 266 days |
- 130 |
- 5 |
Zillow last checked:
Listing updated:
Listed by:
Olga Aguirre-Vences (888) 455-6040,
Fathom Realty (888) 455-6040
Source: Unlock MLS,MLS#: 8033659
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
Zestimate®
$1,154,500
Estimated sales range
$1.10M - $1.21M
Rent Zestimate®
$3,740/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
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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.
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