Active Listing  ·  424 days on market

1117 Lawson Ln #2

Austin, TX 78702
$549,995
2 Bed 2 Bath 1,086 sqft $506/sqft Built 2024 0.15 acres 1-Car Garage Pool New Construction Rosewood Village Sec 11

Welcome to this exquisite brand new dark grey modern home that exudes beauty from the moment you arrive. The front covered patio invites you into the home, setting the stage for what awaits inside. As you step inside, prepare to be amazed by the kitchen. The gorgeous black custom slab cabinets beautifully frame the black quartz counters, with stunning white veins running through them. The center island, stainless steel appliances, and floor-to-ceiling built-in pantry make this kitchen a dream come true. Its seamless flow into the living room creates the perfect space for both entertaining and relaxation. You'll also fall in love with the beautiful wood floors that grace every inch of this home, creating a warm and inviting ambiance. Natural light floods the space, enhancing its already captivating features. The main level features a full bathroom adorned with white tiles and abundant natural light. Additionally, there is a separate secondary bedroom on this level, providing flexibility and convenience. Upstairs, you'll find a spacious primary bedroom that offers a peaceful retreat. The large walk-in closet provides ample storage space, ensuring a clutter-free environment. The primary bathroom features a vanity with an LED mirror, a warm wood custom slab cabinet, and a large walk-in shower with beautiful black and white vein shower tile surround. Outside, the private backyard offers a serene escape. Whether you're looking to relax or entertain, this space has it all. Not only is this home a masterpiece in itself, but it is also ideally located within walking distance to an array of restaurants, bars, and so much more. Don't miss this incredible opportunity to own this stunning home that effortlessly combines style, comfort, and unbeatable location. The Preferred Lender on this property is Randy Atkinson at Synergy One Lending. The Buyer will receive 1% Lender Credit (based off of the loan amount) when obtaining financing through Randy Atkinson at Synergy One Lending.

At $506/sqft, this home is priced 29% above the Austin active market average of $391/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

1117 Lawson Ln #2, Austin, TX 78702

Property Details

Price $549,995
Status Active Listing
Beds 2
Full Baths 2
Half Baths ,
Living Area 1,086 sqft
Lot Size 0.15 acres (6,712.6 sqft)
Year Built 2024
Garage 1 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Rosewood Village Sec 11
County Travis
Zip Code 78702
$/sqft $506/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $10,000
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT199297641
List Date June 6, 2025
Elementary School Blackshear
Middle School Kealing
High School Eastside Early College
School District ,

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.

Schedule a Call →

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
48 East Ave #2206
Natiivo Austin
$549,999 $741 1 bd / 1 ba 742 sqft , 2025-02-15
2811 Garwood St #A
Chernosky 11
$549,990 $415 3 bd / 3 ba 1,325 sqft , 2026-07-25
311 W 5th St #704
Plaza Lofts Condo Amd
$550,000 $468 1 bd / 1 ba 1,176 sqft , 2026-02-05
800 Embassy Dr #337
Tyndall at Robertson Hill Condominiums
$550,000 $409 2 bd / 2 ba 1,344 sqft , 2025-09-11
1701 Simond Ave #304
Parkside/Mueller Condos
$550,000 $473 2 bd / 2 ba 1,162 sqft , 2026-04-23

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
$2,640/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
$109,999
20% conventional investment loan

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

Estimated Gross Rent+$2,640
Principal + Interest−$3,002
Property Tax (~2.1% TX avg)−$962
Insurance (~0.5%)−$229
Est. Monthly Cash Flow $-1,553

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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