1007 Payne Ave, Austin TX 78757
Austin, TX 78757 · Reservoir Heights
Single Family Residence for sale in Reservoir Heights
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
| Date | Event | Price | Change |
|---|---|---|---|
| Sep 12, 2026 | Pending | — | |
| Aug 8, 2026 | Price Decrease | $950,000−$45,500 (−4.6%) | −$45,500 (−4.6%) |
| Jul 24, 2026 | Price Decrease | $995,500−$4,500 (−0.5%) | −$4,500 (−0.5%) |
| Jul 24, 2026 | Back On Market | — | |
| Jul 20, 2026 | Pending | — | |
| Jul 7, 2026 | New Listing | — |
Taxes
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
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.
| Year | Starting balance | Principal paid | Interest paid | Ending balance | Principal 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
Nearby
Courtesy of DEN Property Group · (512) 222-3364
Listings courtesy of ACTRIS as distributed by MLS GRID.