400 Academy Dr

South River City, Austin, TX · 186 days on market · View on Zillow

400 Academy Dr

$7.9M somewhere else buys…

5 bedrooms · 4 baths · 4,354 sqft · 54,450 sqft lot

Built 1889 · 2 Garage spaces · Pool · $1814/sqft (city median $305)

The Crown Jewel of Historic Austin Homes Step into a living piece of Austin’s history, an extraordinary estate built in 1889 and masterfully restored to reflect the soul of the city. Perched on a lush acre just minutes from downtown, this iconic residence offers an unmatched blend of architectural heritage, enduring craftsmanship, and modern comfort.

What this place offers

  • Private pool
  • Heating: Central
  • Cooling: Central Air
  • 2 Garage spaces
  • Garage

The numbers

$115K/yr

Property tax (actual rate)

$28K/yr

Insurance (quoted)

Price history

2025$8,900,000
2026 (asking)$7,900,000

Down 11% since 2025

$7,900,000

Down payment20% · $1,580,000
%
Mortgage (principal + interest)$39,532
Property tax$9,612
Home insurance$2,370
All-in monthly$51,514/mo

You'd need about $2,207,727/yr in household income (28% rule) plus $1,580,000 in cash.

Would rent for ~$39,500/mo · 6.0% gross yield

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