30
Map
$199,000
●
House -
For Sale
1304 Lily TER
Austin, TX 78741
2 Beds
1 Bath
775 Ft²
$1,273
Est. Monthly
About This Property
Welcome to 1304 Lily Terrace, a two-bedroom, one-bath home in
Austin's Montopolis neighborhood, priced to sell and offered as-is.
The 750-square-foot residence is livable in its current condition
and offers the flexibility to move in and make improvements over
time, renovate, or use as an investment property.
Situated on an approximately 0.146-acre (6,360-square-foot) SF-3-NP lot, the property also provides future optionality to explore new construction or additional units, subject to City of Austin requirements and approvals.
Conveniently located near East Riverside Drive, Highways 71 and 183, Austin-Bergstrom International Airport, Downtown Austin, and nearby parks and amenities. Buyer to independently verify zoning, permitted uses, development potential, utilities, restrictions, and all other requirements with the City of Austin.
Situated on an approximately 0.146-acre (6,360-square-foot) SF-3-NP lot, the property also provides future optionality to explore new construction or additional units, subject to City of Austin requirements and approvals.
Conveniently located near East Riverside Drive, Highways 71 and 183, Austin-Bergstrom International Airport, Downtown Austin, and nearby parks and amenities. Buyer to independently verify zoning, permitted uses, development potential, utilities, restrictions, and all other requirements with the City of Austin.
Unit Size
775 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$257
Property Type
House
Property Taxes
$295
HOA Dues
-
Year Built
1971
Listed By
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100% Occupancy
N/A (extreme outlier) 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.
Last updated: 3 days ago (Unlock MLS #ACT6708222)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 24, 2026 | Listed by MODUS Real Estate | $199,000 | |
| Listed by MODUS Real Estate | |||
Property Highlights
Air Conditioning
Fireplace
Parking Details
Parking Features: None
Interior Details
Full Bathrooms: 1
Interior Features: Primary Bedroom on Main
Appliances: Range, Refrigerator, Stainless Steel Appliance(s), Washer/Dryer
Flooring Type: Laminate, Vinyl
Fireplace Features: None
Exterior Details
Square Footage: 775
Square Footage Source: $0
Green Sustainability
Property Condition: Resale
Year Built Source: Public Records
Year Built: 1971
Waterfront Features: None
Levels: One
Other Structures: None
Window Features: See Remarks
Construction Materials: Vinyl Siding
Patio and Porch Features: None
Pool Features: None
Lot Features: None
Lot Size Area: 6351.05
Lot Size Units: Square Feet
Lot Size Acres: 0.1458
Lot Size Square Feet: 6351.05
Water Source: Public
Financial Details
Tax Map Number: 6
Tax Assessed Value: $171,200
Tax Annual Amount: $3,544
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Montropolis
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Listed by: Madison Morris
Listed Office: MODUS Real Estate - Listing courtesy of Unlock MLS
Phone: (512) 920-5653
Last Updated: 2026-09-26 04:06:42
Data Source: Unlock MLS, MLS# ACT6708222
Details provided by Unlock MLS as Distributed by MLS Grid and may not match the public record.
Listed Office: MODUS Real Estate - Listing courtesy of Unlock MLS
Phone: (512) 920-5653
Last Updated: 2026-09-26 04:06:42
Data Source: Unlock MLS, MLS# ACT6708222
Based on information from Unlock MLS (alternatively, from ACTRIS). Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website.
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