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$2,326,000

NAL Estimated Property Value

1604 Garner Ave, Austin, TX, 78704

SoldInfo
7/29/26
Beds4 Beds
Baths4 Bath
Baths2,752 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$4 / sqft
Year BuiltBuilt in 2025

Property Lead Type:

BankruptcyAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesBuilt In Electric Oven, Bar Fridge, Built In Refrigerator, Cooktop, Down Draft, Dishwasher, Electric Cooktop, Exhaust Fan, Electric Oven, Disposal, Plumbed For Ice Maker, Refrigerator, Tankless Water Heater, Vented Exhaust Fan, Wine Refrigerator
FlooringTerrazzo, Tile, Wood

Exterior

Exterior FeaturesNone
Lot Size6,164 sqft

Building Information

Year Built2023
Stories3
Roof Type109
Garage Spaces2

Land Information

APN01000604160000
Lot Number27
SubdivisionBarton Heights B Annex
Land UseResidential
Legal DescriptionLOT 27 BLK A BARTON HEIGHTS B ANNEX
Census Tract001304
Assessed Land Value$606,681
Assessed Improvement Value$739,327
Assessment Year2025

About this property

Not your typical spec home - featured on Arch Daily and the Modern Homes Tour - this architecturally significant eclectic home designed by Davey McEathron Architecture with interiors + construction by Cary Paul Studios (awarded 2026 Best Builder by Austin Home) is completely unique and custom. New construction home in the heart of Zilker blends mid-century modern charm with 70s and Memphis modern influenced interiors. Inside, you'll find a sunken conversation pit, perfect for intimate gatherings, alongside a walnut-clad and terrazzo topped mid-century kitchen peninsula accented by mod floating shelves and warm brick details with a retro planter box. Throughout the home, custom built-ins with an angular motif, boutique lighting, and hand-selected tile create a one-of-a-kind aesthetic.The primary suite is a true retreat, featuring sliding doors to the main-floor deck, and a built-in closet plus a spacious walk-in closet with stackable washer/dryer connections. The primary bath offers spa-like relaxation with a soaking tub, a walk-in shower, and a private toilet closet. The second level has two bedrooms with a jack + jill bath plus a spacious laundry room and a light filled landing with a custom storage cabinet and a reading nook. The large deck with downtown views is a show stopper. Not to be outdone, the third floor has a covered private deck with city views, a lounge area with a custom wet bar + panel ready beverage fridge, a bedroom with a built in bench and a bright modern bathroom.The outdoor spaces are equally breathtaking, with unobstructed downtown cityline views from the expansive second-floor Ipe deck and a private third-floor suite deck.

Investor Tools

Property Icon
$2,326,000
Estimated Property Value
$1,652,611Estimated Mortgage Balance
$678,517Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$13,956 /month
Positive
Cash Flow Estimate:
$4,652 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,208/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,864
$1,346,008
2025
$606,681
$739,327
$1,346,008
No

Tax History

Year
Tax Paid
Assessed Value
2024
$14,864
$1,346,008

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lima One Capital Llc A Georgi
Open End Mortgage / Open End With Future Advance Clause
$1,690,000
No
First
Feb 27, 2025
Apr 2026

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,652,611
$673,389
28%
71%
$10,133/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,850/mo
$10,133/mo
$-7,283/mo
1.5%

Learn About the Market: Opportunity in Austin

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Austin

Austin may be the Live Music Capital of the World, but it’s also one of America’s fastest-growing innovation hubs. Fueled by tech expansion, the University of Texas, state government, and a steady influx of new residents, Austin blends startup energy with Hill Country charm.

From downtown high-rises overlooking Lady Bird Lake to booming suburbs like Round Rock and Leander, the region attracts younger professionals, entrepreneurs, and remote workers seeking opportunity with lifestyle. Austin isn’t just growing — it’s redefining what modern Texas looks like.

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Population Growth

Population Growth

~0.4%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$555,300

Unemployment Rate

Unemployment Rate

3.20%

Price Trend

Price Trend

~0.4% YoY growth

New Permits

New Permits

2,269 units

City: Austin

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