Active Listing  ·  34 days on market

1117 Gunter St #2

Austin, TX 78702
$1,050,000
4 Bed 3 Bath 2,315 sqft $454/sqft Built 2027 0.19 acres 1-Car Garage Pool New Construction H A Add

Welcome to Gunter Residences, an exceptional boutique development by renowned Canedo Builders, where refined craftsmanship, modern architecture, and timeless sophistication converge. Set along a quiet residential street, this distinguished new construction showcases clean architectural lines, curated luxury finishes, and thoughtfully designed spaces that balance beauty with functionality. Warm materials and contemporary detailing create an atmosphere of understated elegance, while expansive windows invite natural light and enhance the connection between indoor and outdoor living. Unit 2 has 4 Bedrooms, 3 Bathrooms and is 2,315 Sq Ft and features a private pool which offers an elevated approach to modern living, with a spacious, thoughtfully designed layout ideal for both everyday comfort and effortless entertaining. Generous open-concept living spaces are filled with natural light, while the beautifully appointed kitchen anchors the main living area, seamlessly connecting dining and lounge spaces for intimate evenings or memorable gatherings. Beyond the interiors, a private backyard oasis featuring a sparkling pool and covered outdoor living area creates an inviting retreat for leisurely afternoons, alfresco dining, and entertaining beneath the Texas sky. Upstairs, well-proportioned bedrooms provide comfort and privacy, complemented by a luxurious primary suite designed as a serene escape from the everyday. Additional bedrooms offer flexibility for guests, family, or a dedicated workspace. Every detail reflects a considered balance of sophisticated design, modern convenience, and lasting appeal. With striking architecture, premium finishes, and exceptional indoor-outdoor living, Gunter Residences presents a rare opportunity to own a brand-new luxury home crafted by Canedo Builders, combining contemporary elegance, private outdoor amenities, and the exclusivity of an intimate boutique development.

At $454/sqft, this home is priced 16% above the Austin active market average of $390/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

1117 Gunter St #2, Austin, TX 78702

Property Details

Price $1,050,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,315 sqft
Lot Size 0.19 acres (8,476.78 sqft)
Year Built 2027
Garage 1 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision H A Add
County Travis
Zip Code 78702
$/sqft $454/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $6,820.5
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT249321356
List Date October 9, 2026
Elementary School Govalle
Middle School Martin
High School Eastside Early College
School District Austin ISD

Austin ISD

Govalle · Martin · Eastside Early College

Luke Allen (TREC #788149) has deep knowledge of Austin and surrounding markets. Whether you're buying, selling, or just researching comparable sales, reach out for a no-pressure conversation.

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Similar Homes on the Market in Austin

Comparable Listings Right Now

Homes currently for sale in Austin with similar bedroom count, size, and price range, giving you real-time context for how this property's asking price compares to the active market.

AddressList Price$/sqftBeds/BathsSqftDOMListed
2603 E 14th St
Glenwood Add
$1,050,000 $556 3 bd / 4 ba 1,888 sqft , 2026-10-23
2501 E 9th St
Grandview Place
$1,095,000 $426 4 bd / 3 ba 2,572 sqft , 2026-09-09
1104 Fiesta St
Glenmar Sec 02
$1,099,000 $515 5 bd / 3 ba 2,132 sqft , 2026-09-25
3508 Lyons Rd
Siegmund Add Sec 03
$995,000 $427 4 bd / 4 ba 2,330 sqft , 2026-07-17
4701 Bolm Rd
Gullett Gardens 02
$995,000 $529 3 bd / 4 ba 1,881 sqft , 2026-09-11

Source: ACTRIS MLS, live listings. Similar by ±1 bed, ±35% price, ±35% sqft. Contact Luke for a formal comparative market analysis.

Investment Analysis

Rental Income Potential

The numbers below use conservative Austin-market assumptions. They are estimates, not a guarantee. Actual rents vary by condition, timing, and management. Read our full Austin rental property guide →

Est. Monthly Rent
$5,040/mo
0.48% rule · conservative Austin est.
Gross Yield
5.76%
Annual rent ÷ purchase price
Cap Rate (est.)
3.46%
NOI after 40% vacancy + expenses
Down Payment
$210,000
20% conventional investment loan

Monthly Cash Flow Breakdown (assumes 20% down · 7.25% rate)

Estimated Gross Rent+$5,040
Principal + Interest−$5,730
Property Tax (assumed ~2.1%)−$1,838
Insurance (assumed ~0.5%)−$438
Est. Monthly Cash Flow $-2,966

At current rates and prices, many Austin luxury properties run neutral or slightly negative on pure cash flow, appreciation and equity paydown are the primary return drivers. BRRRR and off-market acquisitions can improve day-one cash flow. Learn about the BRRRR method in Austin →

Commute & Employment

Major Employers Near Austin, TX

Austin sits within commuting range of Austin's major tech, manufacturing, and corporate campuses. Approximate drive times from this area:

Tesla Gigafactory 15-25 min E
Apple Campus (Domain) 20-30 min N
Google / Meta / Indeed 10-15 min downtown
Dell Medical School / UT Austin 10-20 min
Samsung Austin Semiconductor 25 min N

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About the Author
Luke Allen, Austin TX Realtor, TREC #788149
Luke Allen
Licensed Austin TX Realtor · TREC #788149 · Full-time since 2019
★★★★★ 5.0 on Google · 41 Reviews

Luke Allen is a full-time Austin TX Realtor with the Austin Marketing + Development Group brokerage. He works with buyers, sellers, and investors across every Austin ISD and the surrounding neighborhoods, from Downtown and East Austin to Round Rock, Cedar Park, and the Hill Country. Every page on this site is written and maintained by Luke. The written content was last updated on October 10, 2026.

📞 (254) 718-2567 [email protected] More about Luke →

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