$519,000

Property Overview

Positioned on a corner lot just blocks from Rainey Street and the vibrant downtown core, 81 Waller Street presents a rare opportunity to own a free-standing cottage-style home in the heart of Austin's most coveted neighborhood. This 2024-built residence spans 774 square feet across nearly 6,000 square feet of land, offering the kind of space and architectural character that's increasingly scarce in Downtown Austin's high-rise dominated landscape. From this prime location, residents enjoy spectacular downtown skyline views while remaining steps away from Lady Bird Lake's Hike-n-Bike trails, Congress Avenue's eclectic dining scene, and 6th Street's entertainment venues.

The property's pricing sits 6% below the neighborhood median at $671 per square foot, making it an exceptional value proposition for investors and owner-occupants alike. The clean slate of recent construction combined with the established neighborhood setting creates genuine potential for personalization and long-term appreciation. Every block delivers walkable access to Austin's defining attractions, positioning this Waller Street residence as the ideal urban anchor for those seeking authentic downtown living without compromise.

Vox Residential Insight

As HomePath-approved specialists, the Vox Residential team recognizes this property's strong fundamentals: a 2024 build on an oversized lot in Downtown Austin's most walkable corridor with below-market pricing and available closing cost assistance. For buyers approaching this corner of Waller Street through an investment or primary residence lens, the combination of space, location, and value alignment rarely aligns this cleanly.

Agent Description

Location! This cottage-style home offers significant potential for those looking to create something special with customized finishes and authentic architectural character. As a free-standing home, it offers a special opportunity to explore possibilities in a premier neighborhood with spectacular downtown skyline views. Nestled on a corner lot, the property provides excellent investment potential in an established area. The location delivers exceptional value, positioned just blocks from Rainey Street, vibrant downtown dining and entertainment scene, Lady Bird Lake, and popular Hike-n-Bike trails. The proximity to Austin's most desirable attractions creates the best of urban living. This is a Fannie Mae HomePath property. Buyers, complete the HomePath Ready Buyer homeownership course on Homepath. Attach certificate to offer up to 3% closing cost assistance. Check HomePath for more details. Restrictions apply.

Neighborhood: Downtown Austin

This property is located in Downtown Austin, Austin, TX. The area is known for 6th Street Entertainment, Lady Bird Lake, Congress Avenue, High-Rise Living, Walkable Urban Core.

At $671/sqft, this listing is priced 6% below the Downtown Austin median of $713/sqft.

Property Details

Listing data last updated: July 16, 2026

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