$390,000
●
House -
Off Market
2012 Payne Ave #A
Austin, TX 78757
2 Beds
1 Bath
720 Ft²
$2,571
Est. Monthly
$94
HOA / Fees
3.44%
Cap Rate
About This Property
Location doesn't get any better than this! 15 minutes from downtown
and campus. 7 minutes from Mopac and surrounded by popular
restaurants and retail. OPEN HOUSE SATURDAY, 3/28/26 FROM 1-4PM.
Enjoy the nearby walking trail and Brentwood School. Step inside
and you'll be greeted by fresh paint and an open floor plan.
Natural light creates a bright and airy atmosphere. You'll find
cozy private bedrooms just down the hall. Wait til you see the back
yard! Ample outdoor space under the shade of trees from the hot
Texas sun. Cooking fans will love the pizza oven that is included
on the back deck. HVAC is 2024 for those hot Texas summers and save
money with solar panels! Come make this home yours before it is
gone! Any furniture shown is for illustrative purposes only and not
included. We don't post on facebook so if you see it there, it is a
scam.
Unit Size
720 Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$542
Property Type
House
Property Taxes
$562
HOA Dues
$94
Year Built
2019
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Cap Rate Calculator
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Cap Rate
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: 6 months ago (Unlock MLS #ACT7782634)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 28, 2026 | In contract | - | |
| In contract | |||
| May 14, 2026 | Withdrawn | - | |
| Withdrawn | |||
| May 14, 2026 | Listed by eXp Realty, LLC | $349,000 | |
| Listed by eXp Realty, LLC | |||
   | |||
|
This central Austin location doesn't get any better than this! 10 minutes from downtown and campus (inner city streets, no major roads needed). 5 minutes from Mopac and surrounded by popular restaurants and retail to walk to. Enjoy the nearby walking trail, parks and high rated schools. Step inside and you'll be greeted by fresh paint and an open floor plan. Natural light creates a bright and airy atmosphere, energy efficient windows, tankless H20 heater, save money with solar panels, Kitchen breakfast bar overlooks living area w/ counter to ceiling subway back-splash, SS appliances, open shelving, Original wood flooring thru main living, hall, bedrooms ,You'll find cozy private bedrooms just down the hall. lives like a stand alone home, no common wall, Wait til you see the back yard that is an entertaining delight with the Wood burning pizza oven on deck and great fenced private shaded backyard with patio area to enjoy outdoor games. Ample outdoor space with above ground gardens, designated driveway and off street parking area, make this your next home
| |||
| Apr 10, 2026 | Price Decreased |
$390,000
↓ $31K
(7.4%) | |
| Price Decreased | |||
| Mar 14, 2026 | Listed by Ty Lee | $421,200 | |
| Listed by Ty Lee | |||
Property Highlights
Air Conditioning
Parking Details
Parking Features: Common, Outside
Interior Details
Full Bathrooms: 1
Interior Features: Breakfast Bar, Ceiling Fan(s), Open Floorplan, Smart Thermostat, High Speed Internet, Primary Bedroom on Main
Appliances: Dishwasher, Exhaust Fan, Free-Standing Freezer, Gas Range, Refrigerator, Stainless Steel Appliance(s), Washer/Dryer Stacked, Tankless Water Heater
Flooring Type: Tile, Wood
Exterior Details
Square Footage: 720
Square Footage Source: $0
Green Sustainability
Property Condition: Updated/Remodeled
Year Built Source: Public Records
Year Built: 1950
Waterfront Features: None
Levels: One
Other Structures: See Remarks, Storage
Window Features: None
Construction Materials: Frame, HardiPlank Type
Patio and Porch Features: Deck, Rear Porch
Pool Features: None
Lot Features: Back Yard, Front Yard, Interior Lot, Landscaped, Wooded
Lot Size Area: 3550.14
Lot Size Units: Square Feet
Lot Size Acres: 0.0815
Lot Size Square Feet: 3550.14
Water Source: Public
Financial Details
Tax Map Number: A
Tax Assessed Value: $329,251
Tax Annual Amount: $6,738
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air
Heating Type: Central, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance
HOA/Condo/Coop Amenities: Trail(s)
HOA Fee: $94
HOA Fee Frequency: Monthly
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
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/14/2026
|
2 Bed
|
1 Bath
|
720 ft²
|
$421,200
2 Bed
1 Bath
720 ft²
|
-
-
|
Ty Lee
Ty Lee
|
Building Info
About Brentwood - Highland
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Listed by: Ty Lee
Listed Office: Ty Lee - Listing courtesy of Unlock MLS
Phone: (214) 226-7113
Last Updated: 2026-05-14 04:23:55
Data Source: Unlock MLS, MLS# ACT7782634
Details provided by Unlock MLS as Distributed by MLS Grid and may not match the public record.
Listed Office: Ty Lee - Listing courtesy of Unlock MLS
Phone: (214) 226-7113
Last Updated: 2026-05-14 04:23:55
Data Source: Unlock MLS, MLS# ACT7782634
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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