40 Waller ST, Austin, TX — photo 1
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$1,200,000
4 beds2 baths1,452 sqft

40 Waller ST, Austin TX 78702

MLS #235829285 · Fathom Realty · Olga Aguirre-Vences

Residential
Built in 1920
75 Acres Lot
$826/sqft

About this home

Prime Investment Opportunity in Downtown Austin! Discover exceptional value at 40 Waller St Austin TX, ideally located in the heart of Austin’s vibrant urban core. This property offers a rare chance to secure real estate in one of the city’s fastest-growing and most desirable districts. Surrounded by major employers, top restaurants, entertainment, and the serene Lady Bird Lake hike-and-bike trail, this location attracts strong demand from both residents and short-term/long-term renters. Featuring a highly walkable setting, easy access to transit, and close proximity to East Austin’s thriving tech and creative corridors, 40 Waller St. Austin stands out as a versatile investment with outstanding upside potential. Whether you’re seeking a steady income-producing asset or a strategic hold in a premier growth market, this property delivers the ideal combination of location, convenience, and long-term value. Don’t miss this unique opportunity to expand your portfolio with a property positioned for sustained appreciation in Downtown Austin.

Property details

Property type
Residential · SingleFamilyResidence
Status
Active
Year built
1920
Full baths
2
Lot size
75
Subdivision
Lambies R C Resub Voss
MLS area
5
MLS #
235829285

Features

Interior features

  • Primary Bedroom on Main

Exterior features

  • None

Additional details

Parking
Carport, Gated
Garage spaces
0
Roof
Composition
Foundation
Pillar/Post/Pier
Annual tax
$14,778

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Schools

Assigned schools per the MLS.

School district
Austin ISD
Elementary
Sanchez
Middle
Martin
High
Austin

See Austin ISD schools & boundaries →

Comparable homes near 40 Waller ST

Similar homes currently for sale nearby, ranked by distance.

Getting around

Downtown Austin
1 mi
Austin-Bergstrom Airport
5.7 mi

Straight-line distance, not drive time.

Market insights

Compared with 384 active homes in ZIP 78702 · HomeLocating listings

Area median price
$667,450
This home vs. median
80% above
Homes with a price cut
38%

At $1,200,000, this home is priced 80% above the $667,450 median across 384 active homes in ZIP 78702.

Estimated monthly payment

$7,800/mo
Principal & interest$6,068/mo
Property taxes
Home insurance (est.)

Home price

$1,200,000

Down payment

20% ($240,000)

Loan details

30-yr fixed, 6.50%

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Estimate only, not a lending offer or MLS data. Taxes, insurance, and HOA figures are estimated (see ⓘ above for detail); contact a lender to confirm your exact rate and payment.

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Listing courtesy of Fathom Realty · Olga Aguirre-Vences

Listing data last updated Oct 2, 2026, 11:46 PM

Information is deemed reliable but not guaranteed and should be independently verified. Listing information is provided 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. © 2026 HomeLocating.com.

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