1204 W 38th St
Brentwood, Austin, TX 78705
CompletedDeal Highlights
- Corner lot in the Brentwood neighborhood near 38th Street
- 3 homes with no shared driveways
- 2,200 SQFT homes each with own yard, pool, and garage
- Sub-$1M price points on exit
The Build
A flagship infill development in the heart of Brentwood, this corner lot was subdivided into three individual parcels, each developed with a modern 2,200 sqft Scandinavian-inspired home featuring private pools and 2-car garages.
Architectural Style: Scandinavian-modern with standing seam metal roof, white stucco and cedar accents, floor-to-ceiling windows, and smart home integration throughout.
Specs
Lot Size
9,200 sqft
Finished SQFT
2,200
Bedrooms
4
Bathrooms
3
Stories
2
Garage
2-car attached
Pool
Yes
Investment Summary
- Purchase Price
- $683,000
- Construction Cost
- $440,000
- Total Investment
- $1,180,000
- Projected Revenue
- $2,850,000
- Exit Costs
- ($171,000)
- Carry Costs
- ($89,000)
Net Profit$508,000
Annualized ROI27%