204 Brewster ST
About This Property
Whether you're seeking a move-in ready home, a renovation project, or the perfect canvas for new construction, this property delivers unmatched potential in both location and lot size.
Inside, the home features a light-filled layout with clean lines, updated flooring, and neutral finishes throughout the main level. The open-concept living and dining spaces connect seamlessly to a refreshed kitchen with crisp white cabinetry, subway tile backsplash, and stainless steel appliances. Expansive windows and sliding glass doors flood the space with natural light and offer serene views of the shaded backyard.
The flexible floor plan provides comfortable everyday living across both levelswith ample room to personalize, expand, or fully reimagine. The generous backyard invites endless possibilities: think pool, guest house, outdoor living pavilion, or a custom new build.
Oversized lots like this are becoming increasingly rare, making this a unique opportunity for end-users, builders, or investors alike. Located just minutes from South Lamar, Zilker Park, Barton Springs, and downtown Austin, youll enjoy the perfect blend of neighborhood privacy and urban convenience. Moments from beloved local favorites like Matts El Rancho, Radio Coffee, and Central Marketall just around the corner.
Dont miss your chance to create something truly special in one of Austins most walkable, vibrant, and valuable communities.
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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 |
|---|---|---|---|
| Mar 20, 2026 | In contract | - | |
| In contract | |||
| Feb 4, 2026 | Listed by Compass RE Texas, LLC | $745,000 | |
| Listed by Compass RE Texas, LLC | |||
| Dec 17, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Aug 7, 2025 | Listed by Compass RE Texas, LLC | $775,000 | |
| Listed by Compass RE Texas, LLC | |||
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Set on a rare oversized lot in the heart of Austin’s iconic 78704, 204 Brewster offers an incredible opportunity to live, remodel, or build in one of the city’s most desirable neighborhoods.
Whether you're seeking a move-in ready home, a renovation project, or the perfect canvas for new construction, this property delivers unmatched potential in both location and lot size.
Inside, the home features a light-filled layout with clean lines, updated flooring, and neutral finishes throughout the main level. The open-concept living and dining spaces connect seamlessly to a refreshed kitchen with crisp white cabinetry, subway tile backsplash, and stainless steel appliances. Expansive windows and sliding glass doors flood the space with natural light and offer serene views of the shaded backyard.
The flexible floor plan provides comfortable everyday living across both levels—with ample room to personalize, expand, or fully reimagine. The generous backyard invites endless possibilities: think pool, guest house, outdoor living pavilion, or a custom new build.
Oversized lots like this are becoming increasingly rare, making this a unique opportunity for end-users, builders, or investors alike. Located just minutes from South Lamar, Zilker Park, Barton Springs, and downtown Austin, you’ll enjoy the perfect blend of neighborhood privacy and urban convenience. Moments from beloved local favorites like Matt’s El Rancho, Radio Coffee, and Central Market—all just around the corner.
Don’t miss your chance to create something truly special in one of Austin’s most walkable, vibrant, and valuable communities.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017