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Active Under ContractMLS #9945737

1007 Payne Ave, Austin TX 78757

Austin, TX 78757 · Reservoir Heights

Single Family Residence for sale in Reservoir Heights

3Bedrooms
2 full / 1 halfBathrooms
2,234Square Ft
0.15Acres
1Garage
1951Year Built
1 / 40
$950,000$1,000,000

Overview

Property Description

Brentwood is one of Central Austin's most desirable neighborhoods, known for its tree-lined streets, classic cottages, and unbeatable access to everything Austin has to offer. Thoughtfully remodeled from the studs, this home preserves its original character while delivering the comfort and reliability of modern construction. Inside, the open-concept floor plan centers around a spacious living area with a fireplace and a beautifully designed kitchen featuring an oversized island, abundant cabinetry, and generous prep space—ideal for entertaining or everyday living. Natural light fills the home, highlighting the warm wood floors and clean, timeless finishes throughout. Upstairs, the loft provides a unique bonus space that's perfect for a reading nook, hobby area, or additional storage. Out back, the private yard is built for summer, featuring a plunge pool with slide, spacious deck, and room to relax or entertain. Beyond the front door, you're minutes from Brentwood Neighborhood Park, the Shoal Creek Trail, Central Market, Tiny Grocer, Fonda San Miguel, Épicerie, Barley Swine, Pinthouse Pizza, and the restaurants, coffee shops, boutiques, and design studios that have made Burnet Road one of Austin's favorite destinations. Downtown, The University of Texas, The Domain, and Austin's major employers are all within easy reach. The attached garage offers excellent flexibility as a workshop, home gym, motorcycle or bicycle storage, or additional storage, while the private driveway provides valuable off-street parking. A rare opportunity to own a fully renovated Brentwood home that blends classic Austin character with modern design in one of the city's most sought-after neighborhoods.

Financial Info
Price
$950,000
$ / Sqft
$425
HOA
None
Tax Rate
1.8092%
Est. Taxes
$14,655
Tax Year
2026
Exemptions
None
Legal Info
Address
1007 Payne Ave
County
Travis
City
Austin
State
TX
Zip
78757
Subdivision
Reservoir Heights
Legal Description
56X115FT OF BLK 5 RESERVOIR HEIGHTS
Parcel
02290709170000
Interior Features
Floor
Tile, Wood
Num Living
2
Dining
2
Kitchen
Granite Counters
Appliances
Built-In Electric Oven, Cooktop, Dishwasher, Disposal, Down Draft, Microwave, RNGHD, Refrigerator, Warming Drawer
Laundry
Laundry Room, Main Level
Master Bed
Primary Bedroom on Main, Walk-In Closet(s)
Master Main
Yes
Fireplaces
1
Fireplace Description
Double Sided, Gas, Living Room
Interior Features
Coffered Ceiling(s), Granite Counters, French Doors, High Speed Internet, Primary Bedroom on Main, Walk-In Closet(s), Firewall(s), Insulated Windows
General Info
Beds
3 Total / 3 Main Level
Full / Half Baths
2 / 1
Prop Type
Residential
Property Type
Single Family Residence
Stories
1
Year Built
1951 / Updated/Remodeled
Square Feet
2,234 / Public Records
Garages
1
Garage Desc
Additional Parking, Garage, Garage Faces Front, Off Street
Foundation
Pillar/Post/Pier
Roof
Shingle
Construction
HardiPlank Type
Acres
0.15
Lot Description
Back Yard, Front Yard, Trees-Medium (20 Ft - 40 Ft)
Restrictions
City Restrictions, Deed Restrictions, Zoning
Flood Plain
See Remarks, Partial
View
Neighborhood
Water Access
No
Waterfront
No
Area
2
Utility Info
Water
Public
Sewer
Public Sewer
Utilities
Above Ground, Electricity Connected, Internet-Fiber, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Heat
Central, ENERGY STAR Qualified Equipment, Natural Gas
A C
Ceiling Fan(s), Central Air
Exterior Features
Fence
Back Yard, Wood
Exterior Features
Lighting, Private Yard, Deck, Rear Porch
Pool On Property
Yes
Area Amenities
High Speed Internet

Price history

Members only
Days on market
−$50,000 (−5%)
$1,000,000 → $950,000
2
Price reductions
Active Under Contract
Since Jul 7, 2026
Price trend
List priceJul 2026Aug 2026
Property history6 events
DateEventPriceChange
Sep 12, 2026Pending
Aug 8, 2026Price Decrease$950,000−$45,500 (−4.6%)
Jul 24, 2026Price Decrease$995,500−$4,500 (−0.5%)
Jul 24, 2026Back On Market
Jul 20, 2026Pending
Jul 7, 2026New Listing

Taxes

Tax data isn’t available for this property’s county yet.

Schools

School Info
District
Austin ISD
Elementary
Brentwood
Middle
Lamar (Austin ISD)
High
McCallum

Maps

Financing

Your preferences

  • 20% down
  • Conv/Jumbo
  • 30 years
  • 6.50% rate

Saved on this device

List price $950,000
Down payment
Stays 20% if you change the price
Note rate, not APR
From this listing’s tax record
*Estimated only (1% of price / yr)

Estimated monthly payment

$6,817 / mo

20% down · 6.50% interest · 30-year fixed

Estimated monthly payment $6,817

Principal & interest
$4,804
Property taxes
$1,221
Homeowners insurance
$792

*PITI only

These figures are estimates for general information only — not a loan offer, a quote, or a guarantee of financing terms.

Principal, interest and balance for each year
YearStarting balancePrincipal paidInterest paidEnding balancePrincipal vs interest
1$760,000$8,495$49,150$751,505
2$751,505$9,064$48,581$742,442
3$742,442$9,671$47,974$732,771
4$732,771$10,318$47,326$722,453
5$722,453$11,009$46,635$711,443
6$711,443$11,747$45,898$699,697
7$699,697$12,533$45,111$687,163
8$687,163$13,373$44,272$673,791
9$673,791$14,268$43,376$659,522
10$659,522$15,224$42,421$644,299
  • Year 1$751,505
    Principal paid
    $8,495
    Interest paid
    $49,150
    Starting balance
    $760,000
  • Year 2$742,442
    Principal paid
    $9,064
    Interest paid
    $48,581
    Starting balance
    $751,505
  • Year 3$732,771
    Principal paid
    $9,671
    Interest paid
    $47,974
    Starting balance
    $742,442
  • Year 4$722,453
    Principal paid
    $10,318
    Interest paid
    $47,326
    Starting balance
    $732,771
  • Year 5$711,443
    Principal paid
    $11,009
    Interest paid
    $46,635
    Starting balance
    $722,453
  • Year 6$699,697
    Principal paid
    $11,747
    Interest paid
    $45,898
    Starting balance
    $711,443
  • Year 7$687,163
    Principal paid
    $12,533
    Interest paid
    $45,111
    Starting balance
    $699,697
  • Year 8$673,791
    Principal paid
    $13,373
    Interest paid
    $44,272
    Starting balance
    $687,163
  • Year 9$659,522
    Principal paid
    $14,268
    Interest paid
    $43,376
    Starting balance
    $673,791
  • Year 10$644,299
    Principal paid
    $15,224
    Interest paid
    $42,421
    Starting balance
    $659,522
First 10 of 30 years

Nearby

Courtesy of DEN Property Group · (512) 222-3364

Listings courtesy of ACTRIS as distributed by MLS GRID.