The Flip Potential of
807 Monroe St W Austin, TX is medium.

807 W Monroe St sits in ultra-desirable 78704/Bouldin Creek—walkable and 5 minutes to Downtown. At 1,204 sqft, 3 bed/1 bath on a 7.5K sqft lot, it’s priced around $1.10M (~$914/sqft). Nearby moderns trade around $1.5M–$1.95M, but those are larger, newer builds. Comps suggest area averages near $545/sqft and medians near $498/sqft, implying the current ask bakes in significant location and land value.

For investors, the upside looks stronger as a teardown or A/B-unit new build than a light flip; adding a bath and modest sqft nudges value to roughly $1.18M–$1.22M, leaving thin margin after costs. For sellers, focus on buyer profile: clean landscaping, exterior paint, staged interiors, and a second bath feasibility plan can widen the pool. Consider pricing strategy and highlighting lot potential.