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$792,000

905 Payne Ave, Austin, TX, 78757

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,102 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$523.26 / sqft
Year BuiltBuilt in 1962

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 1Bathrooms Full 1
HeatingHeating
CoolingCooling
AppliancesCooktop, Exhaust Fan, Oven, Range
FlooringConcrete, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Entrance, Private Yard
Lot Size7,344 sqft

Building Information

Year Built1962
Stories1
Roof Type105

Land Information

APN02290709950000
Lot Number5
SubdivisionAttals & Threadgills Resub Ofpart Blk 5
Land UseResidential
Legal DescriptionLOT 5 ATTALS & THREADGILLS RESUB OFPART BLK 5 RESERVOIR HEIGHTS
Census Tract001505
Assessed Land Value$368,856
Assessed Improvement Value$408,575
Assessment Year2025

About this property

Some houses get updated. This one was transformed with obsessive craftsmanship and a quiet reverence for materials you simply don't find at this price point. Every decision was made with intention. This is what happens when a renovation is treated as an art form. Micro-cement walls with a warm, natural texture that shifts beautifully with the light. Polished concrete floors that gleam. Vaulted Douglas fir ceilings and exposed beams matched by every cabinet face—fine-grain, warm, and alive. A custom concrete island anchors a kitchen dressed in Zellige tile climbing to the ceiling. Bronze dimmable pendants casting a golden glow. Clerestory windows pulling in light without sacrificing privacy. Every wood detail—window sills, door frames, trim around the fridge—reclaimed from the house itself. Custom sycamore entry doors, an antique Art Deco vanity in a terrazzo-tiled bath that feels collected, not designed. Custom built-ins throughout. Wired for sound inside and out with vintage speakers that convey. The floor plan flows effortlessly—kitchen into dining into living—with a loft perched above it all, the perfect reading nook or meditation zone. New plumbing, electrical, and tankless water heater. Outside, a quiet inverted corner lot—practically a cul-de-sac, with only one side neighbor and a stillness that feels rare this close to everything. Next door, the storied lot where Threadgill's once stood and a young Janis Joplin first found her voice. A piece of rock and roll history, at your doorstep. The ADU has its own private entrance, full kitchen, updated bath, and an outdoor shower made for warm Texas evenings. Years of Airbnb income behind it, endless flexibility ahead—office, guest house, STR, or gym. You decide. Walkable to Brentwood Elementary, the park, and the restaurants and coffee shops along Lamar. Lamar Middle and McCallum High round out one of Austin's most beloved school trios. This is central Austin living—layered, soulful, and utterly one of a kind.

Investor Tools

Property Icon
$792,000
Estimated Property Value
$522,500Estimated Mortgage Balance
$226,898Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,599 /month
Positive
Cash Flow Estimate:
$2,200 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,499/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,027
$736,452
2025
$368,856
$408,575
$777,431
No

Tax History

Year
Tax Paid
Assessed Value
2024
$14,027
$736,452

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primelending
Conventional
$522,500
No
First
May 3, 2021
May 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$565,102
$226,898
28%
71%
$3,733/mo

Learn About the Market: Opportunity in Austin

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Explore

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.

Explore Texas Explore This Area
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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