1122 Gunter ST
About This Property
Built in the 1950s and relocated from Clarksville to East Austin in the 1970s, 1122 Gunter St carries decades of Austin character into one of the city's most exciting neighborhoods. While the blocks around it fill with new A/B condo units and shrinking yards, this lot holds its ground as one of the few remaining with a genuine backyard and room to breathe.
Partition walls have been removed to open the floor plan and allow natural light to pour in while large-format windows transform the living room and primary bedroom. Original hardwood floors run throughout. The kitchen features solid-wood floating shelves, a vented gas range, and recessed lighting. The fully renovated bathroom brings a touch of luxury with Ann Sacks tile, a glass partition, and an oversized shower. Both bedrooms include custom closets with built-in shelving and hanging bars. Recessed lighting has been added indoors and in the outdoor patio. Smart locks, a smart thermostat, and spray foam insulation under the home round out over $40K in total upgrades.
East Austin has a vibe unmatched elsewhere in the city, and 1122 Gunter enjoys easy access to its biggest hits. Walk to Bambino, Handsome Dan's, Uroku, Small's Pizza, The Front Page, and Stargazer. Browse Springdale General, stroll Canopy Artist Studios, or train at LiftATX and East Side Jujitsu Parlor. The Little Walnut Creek bike trail is just blocks away.
Downtown Austin and Austin-Bergstrom International Airport both sit 15 minutes away. Airport Blvd, Highway 183, and I-35 connect you to the rest of the city in every direction.
At 1122 Gunter, you're getting a genuine piece of Austin, with a yard, a story, and a location that just keeps getting better.
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 23, 2026 | In contract | - | |
| In contract | |||
| Jun 11, 2026 | Price Increased |
$525,000
↑ $25K
(5%) | |
| Price Increased | |||
| Jun 4, 2026 | Price Decreased |
$500,000
↓ $30K
(5.7%) | |
| Price Decreased | |||
| May 21, 2026 | Price Decreased |
$530,000
↓ $20K
(3.6%) | |
| Price Decreased | |||
| May 7, 2026 | Price Decreased |
$550,000
↓ $15K
(2.7%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017