For SaleRisky Deal8 days on market

2009 Payne Ave Unit 2

2009 Payne Ave Unit 2, Austin, TX 78757, Austin, TX 78757
$795,000

Listing Price

Property image 1
2009 Payne Ave Unit 2, Austin, TX 78757
Loc: Austin, TX
Days Listed
8
Lot Size
7,179 sqft
Type
single family

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

9

Brentwood Elementary School

PK-5
0.4 mi away
9

Lamar Middle School

6-8
0.2 mi away
8

McCallum High School

9-12
0.8 mi away
Haven Underwritten Market·Moderate (1.10 - 1.24x)

Austin, TX Investment Analysis (2026)

Cap Rate Range: 5.1% - 6.2% · Median Rent: $2,950/mo · Effective Tax: 1.8%

Open Austin Market Underwrite

Property Overview

No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.

Features & Amenities

modern open-conceptminimalistneutral palettelight wood flooringgourmet kitchenceiling fanrecessed lightingfloor-to-ceiling windowssliding glass doorsaccent chairsbright and airycontemporaryseamless indoor-outdoor flowhigh ceilings

Haven AI Verdict

Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
4.99%
Total ROI
67.3%
Cash Flow
$-818/mo
DSCR
0.80
Was this AI Verdict accurate?

Data provided by Haven AI. Disclaimer

Haven AI

Property yields an estimated $-818/mo net cash flow with a 5.0% cap rate. Underwriting indicates risky fundamentals for long-term hold.

Strengths
  • Prime residential location in Austin, TX
  • Long-term capital appreciation corridor
Considerations
  • Verify historical operating expenses and local tax assessment
  • Confirm current lease terms and tenant estoppel certificates

10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-09-09Listed for sale$795,000$511
2026-09-01Listing removed$825,000$530
2026-06-16Price change$825,000$530
2026-05-20Listed for sale$850,000$546
2026-04-01Listing removed$848,000$545
2026-01-19Price change$848,000$545
2025-12-04Price change$848,500$545
2025-09-12Listed for sale$849,000$545
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
3
Baths
3
Sq Ft
1,557

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