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ActiveMLS #8033659

40 Waller ST, Austin TX 78702

Austin, TX 78702 · Lambies R C Resub Voss

Single Family Residence for sale in Lambies R C Resub Voss

4Bedrooms
2Bathrooms
1,452Square Ft
0.17Acres
0Garage
1920Year Built
1 / 21
$1,200,000

Overview

Property Description

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.

Financial Info
Price
$1,200,000
$ / Sqft
$826
HOA
None
Tax Rate
2.14486%
Est. Taxes
$14,778.59
Tax Year
2025
Exemptions
Homestead, Over 65
Legal Info
Address
40 Waller ST
County
Travis
City
Austin
State
TX
Zip
78702
Subdivision
Lambies R C Resub Voss
Legal Description
S 1/2 OF LOT 5-6 BLK C OLT 54-55 DIV O LAMBIES R C RESUB OF VOSS
Parcel
02010406280000
Interior Features
Floor
Laminate, Wood
Num Living
1
Dining
0
Appliances
Free-Standing Range
Laundry
In Unit
Master Bed
Primary Bedroom on Main
Master Main
Yes
Fireplace Description
None
Interior Features
Primary Bedroom on Main, None
General Info
Beds
4 Total / 3 Main Level / 1 Other Level
Full / Half Baths
2 / 0
Prop Type
Residential
Property Type
Single Family Residence
Stories
2
Year Built
1920 / Resale
Square Feet
1,452 / Public Records
Garage Desc
Carport, Gated
Foundation
Pillar/Post/Pier
Roof
Composition
Construction
Asphalt
Acres
0.17
Lot Description
Corner Lot, Level, Trees-Large (Over 40 Ft)
Restrictions
City Restrictions
Flood Plain
Yes-100 yr
View
City, Lake, River
Water Access
No
Waterfront
No
Area
5
Utility Info
Water
Public
Sewer
Public Sewer
Utilities
Electricity Available, Natural Gas Available
Heat
Central
A C
Central Air
Exterior Features
Fence
Chain Link, Fenced
Exterior Features
None, Porch
Pool On Property
No
Area Amenities
None

Price history

Members only
Days on market
$1,200,000
List price
0
Price reductions
Active
Since Nov 26, 2025
Property history1 event
DateEventPriceChange
Nov 26, 2025New Listing

Taxes

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

Schools

School Info
District
Austin ISD
Elementary
Sanchez
Middle
Martin
High
Austin

Maps

Financing

Your preferences

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

Saved on this device

List price $1,200,000
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

$8,300 / mo

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

Estimated monthly payment $8,300

Principal & interest
$6,068
Property taxes
$1,232
Homeowners insurance
$1,000

*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$960,000$10,730$62,084$949,270
2$949,270$11,449$61,365$937,821
3$937,821$12,216$60,599$925,606
4$925,606$13,034$59,781$912,572
5$912,572$13,907$58,908$898,665
6$898,665$14,838$57,976$883,828
7$883,828$15,832$56,983$867,996
8$867,996$16,892$55,922$851,104
9$851,104$18,023$54,791$833,081
10$833,081$19,230$53,584$813,851
  • Year 1$949,270
    Principal paid
    $10,730
    Interest paid
    $62,084
    Starting balance
    $960,000
  • Year 2$937,821
    Principal paid
    $11,449
    Interest paid
    $61,365
    Starting balance
    $949,270
  • Year 3$925,606
    Principal paid
    $12,216
    Interest paid
    $60,599
    Starting balance
    $937,821
  • Year 4$912,572
    Principal paid
    $13,034
    Interest paid
    $59,781
    Starting balance
    $925,606
  • Year 5$898,665
    Principal paid
    $13,907
    Interest paid
    $58,908
    Starting balance
    $912,572
  • Year 6$883,828
    Principal paid
    $14,838
    Interest paid
    $57,976
    Starting balance
    $898,665
  • Year 7$867,996
    Principal paid
    $15,832
    Interest paid
    $56,983
    Starting balance
    $883,828
  • Year 8$851,104
    Principal paid
    $16,892
    Interest paid
    $55,922
    Starting balance
    $867,996
  • Year 9$833,081
    Principal paid
    $18,023
    Interest paid
    $54,791
    Starting balance
    $851,104
  • Year 10$813,851
    Principal paid
    $19,230
    Interest paid
    $53,584
    Starting balance
    $833,081
First 10 of 30 years

Nearby

Courtesy of Fathom Realty · (888) 455-6040

Listings courtesy of ACTRIS as distributed by MLS GRID.