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.
Features of 40 Waller St
MLS® #
8033659
Price
$1,200,000
Bedrooms
4
Bathrooms
2.00
Full Baths
2
Square Footage
1,452
Acres
0.17
Year Built
1920
Type
Residential
Sub-Type
Single Family Residence
Status
Active
Has Pool
No
Water Feature/View
View
City,Lake,River
Is Waterfront
No
Community Information: Austin
Address
40 Waller St
Area
5
Subdivision
Lambies R C Resub Voss
City
Austin
County
Travis
State
TX
Zip Code
78702
Amenities of 40 Waller St
Utilities
Electricity Available, Natural Gas Available
Features
None
Parking
Carport, Gated
Interior of 40 Waller St
Interior
Laminate, Wood
Appliances
Free-Standing Range
Heating
Central
Fireplace
No
Fireplaces
None
# of Stories
2
Stories
Two
Exterior of 40 Waller St
Exterior Features
None
Lot Description
Corner Lot, Level, Trees Large Size
Roof
Composition
Construction
Asphalt
Foundation
Pillar/Post/Pier
School Information
District
Austin ISD
Elementary
Sanchez
Middle
Martin
High
Austin
Additional Information On 40 Waller St
Days on Market
299
Foreclosure
No
Short Sale
No
RE / Bank Owned
No
Gated Community
No
Property History
Price Increased from $1 to $1,200,000
The information being provided is 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. Listing Data Provided By: Fathom Realty(888) 455-6040. Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from September 21st, 2026 at 7:01am CDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. All information provided is deemed reliable but is not guaranteed and should be independently verified.