Price Reduced18$254,900
2 bd · 3 ba · 1,088 sqft
1212 Lily Ter Unit 2, Austin, TX
Est. $1,454/moGet pre-qualified$269/sqft · 47 days on Realty
2
Beds
1
Baths
782
Sqft
1927
Built
Prime location just minutes from Downtown Austin! This move-in-ready home has been a successful Airbnb and has been exceptionally well maintained, making it an outstanding opportunity for both investors and owner-occupants. Situated on an expansive, nearly 7,000-square-foot lot, the property offers tremendous potential to add an ADU or B unit for additional rental income. A long driveway extends to the rear of the property, providing ideal access for future development. Whether you’re looking to continue operating a short-term rental, build your investment portfolio, or create a multi-generational living setup, this property offers endless possibilities in one of Austin’s most desirable locations. Buyer to independently verify all information and perform their own due diligence regarding future development and ADU potential.
Listing agent
Kyle Ledford
Courtesy of Keller Williams Realty
(512) 987-9928
Unlock MLS (Austin Board of REALTORS) · Listing 3909308
Range $209,474 – $220,526 · as of August 30, 2026
ATTOM automated valuation model · 54 published estimates over 6.7 years
Highest reading $441,959 in May 2022; lowest $210,000 in July 2026. The vertical scale starts at the series' own low, not at zero — it is drawn to show movement, not absolute size.
$42,000
Estimated monthly payment
$1,454/mo
Loan amount $168,000. Estimate only — your actual rate and payment depend on credit, location, and lender.
2026 roll
Within 2 miles of this home: 37+ restaurants and cafés, 2 grocery stores, 20 parks and green spaces, and 32+ transit stops.
Place data from OpenStreetMap.
Sonic
Montopolis Drive
Master of Donuts
East Riverside Drive
Crow Bar
Thompson Lane
Waffle House
American restaurant · East Ben White Boulevard
Subway
East Ben White Boulevard
Denny's
American restaurant · East Ben White Boulevard
Starbucks
East Ben White Boulevard
P. Terry's
East State Highway 71
JD's Supermarket #9
East Riverside Drive
H-E-B plus!
East Riverside Drive
Montopolis Neighborhood Park
Montopolis Drive
Yates Pocket Park
Lawrence Street Pocket Park
Civitan Neighborhood Park
Vargas Road
Penick Pocket Park
East Riverside Drive
Carson Ridge Pocket Park
Montopolis Drive
Roy G. Guerrero Colorado River Metro Park
Grove Boulevard
1101 VARGAS/MONTANA
1301 VARGAS/PORTER
1207 Montopolis/Larch
1214 MONTOPOLIS/LARCH
1413 VARGAS/CRUZ
911 Montopolis/Cirulo de Amistad
3255
900 Montopolis/Felix
Colorado River Park Wildlife Sanctuary
Levander Loop
Rings at ½ mile and 1 mile. Basemap © OpenMapTiles © OpenStreetMap contributors.
Open the Austin camera map1 CCTV camera mapped within ½ mile of this home. Nearest: 0.4 mi southwest. Operator named in the data: City of Austin, Texas.
| Device type | Within ½ mi | Within 1 mi |
|---|---|---|
| License-plate readers | 0 | 2 |
| of which Flock Safety | 0 | 2 |
| CCTV cameras | 1 | 1 |
Community-reported via OpenStreetMap; may be incomplete. Data as of . © OpenStreetMap contributors (ODbL)
License-plate readers (ALPR) are fixed cameras that photograph passing vehicles and read their plates. Records are typically shared with the agency or association that operates the camera.
Flock Safety is a company whose plate-reader cameras are used by police departments, cities, HOAs and businesses. Its devices are usually solar-powered and pole-mounted.
CCTV cameras are fixed video cameras that record a street, building or other area.
This content last refreshed on 2026-11-01 17:20:25 UTC. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Jonathan Lay Layton · Luxely Real Estate
Unlock MLS (Austin Board of REALTORS)School ratings (A+ to F) from HJN community data.
Idea Montopolis College Preparatory
6-12 · Regular · IDEA PUBLIC SCHOOLS
835 students · 19.6:1 student–teacher
Idea Montopolis Academy
KG-5 · Regular · IDEA PUBLIC SCHOOLS
694 students · 24.1:1 student–teacher
Allison Elementary School
EE-5 · Regular · Austin Independent School District
362 students · 10.8:1 student–teacher
Baty Elementary School
EE-5 · Regular · Del Valle Independent School District
558 students · 13.9:1 student–teacher
Alternative Learning Center
6-12 · Alternative/Other · Austin Independent School District
113 students · 6.2:1 student–teacher
Kipp Paseo Primary School
PK-5 · Regular · Knowledge is Power Program TEXAS PUBLIC SCHOOLS
560 students · 18.3:1 student–teacher
Kipp Paseo Preparatory School
6-10 · Regular · Knowledge is Power Program TEXAS PUBLIC SCHOOLS
436 students · 16.2:1 student–teacher
Lasa High School
9-12 · Regular · Austin Independent School District
1,616 students · 18.8:1 student–teacher
