Based on nearby comps and current market conditions, the estimated monthly rent potential for 1194 Navasota St ranges from $4,000 to $7,500, with the most likely long-term rental outcome near $5,800–$6,000, especially given the size (2,673 sqft), modern build (2014), and 3 bed/4 bath configuration. Recent Austin rent declines (about 17% from 2022 highs) are moderating, but East Austin remains desirable for professionals and short-term rental operators. Payback period (gross) is roughly 15–23 years on current pricing, before maintenance or vacancy. Property features—modern construction, extra baths, and central location—boost appeal, but high vacancy and rising supply citywide add competition.
To maximize rent, consider furnishing for executive or short-term rentals, or creating a flexible layout for roommate or co-living scenarios. If selling, highlight the property's modern finishes, 4-bath layout, and potential for strong short-term yields. Upgrades like smart home tech or an outdoor entertaining space could further differentiate it. Stay proactive about licensing and local rental regulations, as Austin’s market rewards compliance and creative positioning.