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12 bed, 6 bath, 6,246 sqft on 0.46 acres in Clarksville. Austin, TX 78703. Last listed at $2,595,000, sold August 26, 2024. Austin ISD.
About This Home
Motivated Seller. Seller financing is available with an assumable 4.5% mortgage. Amazing Large 6 bed 3 bath house + three 1100 sq feet 2 bed 1 bath separate units on a large lot in an amazing location. The house has an exceptional kitchen, hardwood floors, high ceilings, large open windows, and a cozy patio with an enclosed backyard surrounded by tall shaded trees, located in the sought-after Clarksville area, close to Whole Foods Market and just a 5-minute drive to downtown Austin, UT and easy access to MoPac. The main house or any one of the 2/1s behind can be owner-occupied and the rest rented for a great cash flow while living in one of the best central areas of Austin. All units are currently leased until August 2025. Ask us about the rent details! the 2/1s get $2595/mo per unit rent and the front house is at $8,500/mo. Lots of possibilities from upgrades to Cap x or adding additional sq footage or units to the existing property.
Clarksville is Austin's most walkable luxury neighborhood — a historic freedman's town founded in 1871, now in 78703, five minutes on foot from downtown. Median home price $2.2M. Austin ISD schools (Casis Elementary, O. Henry Middle, Austin High). One of the only Austin neighborhoods where you can walk to fine dining, trails, and downtown without getting in a car.
The housing stock reflects 150 years of history. Original shotgun cottages and bungalows from the early 1900s sit alongside contemporary new builds and sensitive renovations on lots ranging from 0.1 to 0.25 acres. The neighborhood's historic designation (National Register) means you'll see period architecture preserved next to modern infill. Teardown lots trade at $800K-$1.5M for land alone.
West Lynn Street is the commercial spine — Medici coffee, Cipollina wood-fired pizza, Jeffrey's fine dining, Josephine House, and Bar Peached are all within a few blocks. Pease Park and Shoal Creek Trail border the east side. The Whole Foods flagship at 6th and Lamar is a 10-minute walk.
What makes Clarksville distinct: the combination of walkable daily life, historic character, and proximity to downtown that no other Austin neighborhood matches. The tradeoff is small lots, limited parking, and premium pricing for the location. Buyers here are paying for a lifestyle that doesn't require a car.
School District: Austin ISD
View Clarksville neighborhood guide- Property Type
- Residential
- Year Built
- 1918
- Lot Size
- 0.46 acres
- Price / Sq Ft
- $415
- Garage
- 3 spaces
Listing information last updated September 4, 2024.
Listed by Resavvy LLC
MLS# 6139454 • Closed
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Properties displayed may be listed or sold by various participants in the MLS.
Highlights
Facts & Features
Interior
- Ceiling Fan(s)
- High Ceilings
- Vaulted Ceiling(s)
- Eat-in Kitchen
- Interior Steps
- Multiple Living Areas
- Pantry
- Soaking Tub
- Storage
- Walk-In Closet(s)
- Dishwasher
- Disposal
- Gas Range
- Oven
- Range
- RNGHD
- Water Heater
- Concrete
- Tile
- Wood
- Heating
- Central
- Cooling
- Central Air
- Fireplaces
- 1
Exterior & Lot
- Exterior Steps
- Private Yard
- Frame
- Stone Veneer
- Back Yard
- Front Yard
- Gentle Sloping
- Interior Lot
- Trees-Medium (20 Ft - 40 Ft)
- Trees-Moderate
- Fenced
- Partial
- Pillar
- Post
- Pier
- Deck
- Patio
- Porch
- Roof
- Composition
- Lot Size
- 0.46 Acres
- Alley Access
- Attached
- Carport
- Covered
- Garage
- Off Street
- Garage Spaces
- 3
Financial
- Original List Price
- $2,995,000
- Price per Sq Ft
- $415
Utilities
- Electricity Connected
- Natural Gas Connected
- Sewer Connected
- Water Connected
- Water Source
- Public
- Sewer
- Public Sewer
Transaction History
1 record on file
Every recorded listing, sale, and lease at 1305 Lorrain ST Unit #House+A+B+C, whoever represented it.
- SoldAugust 26, 2024Listed at: $2,995,000MLS 6139454
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
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Price & Listing History
Listing timeline with current price, original ask, and market time.
- Current list
- $2,595,000
- Original list
- $2,995,000
- Price movement
- $400K reduction
- Listed / DOM
- Feb 21, 2024
Zoned Schools
Austin
O Henry
Mathews
Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility.
Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
20% ($519K)
Adjustable assumption - not a lending recommendation.
$2,595,000
Luxury property intelligence
Keenan Market Position
A sourced read on Clarksville pricing, timing, and property scale. No automated valuation claim.
List price
$2,595,000
Price per sqft
$415/sqft
Vs. Neighborhood guide reference price
+77.0%
$1.5M · Clarksville neighborhood guide · reference price
Days on market
Not available
Original to current
$400K reduction
$3M original
Active inventory context
12 listings
Price Position in Clarksville
Listed 77% above the Clarksville neighborhood guide reference price. Clarksville neighborhood guide · reference price.
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 4, 2026.
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Clarksville Neighborhood Guide
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Clarksville Homes for Sale
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78703 ZIP Guide
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Austin ISD Schools
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