About This Home

Nestled at 1301 Town Creek DR 2, Austin TX 78741, this Austin single-family residence offers a distinctive living experience. Constructed in 2017, this property stands as a testament to contemporary design and comfortable living. The residence includes a two-space garage, providing secure and convenient parking. This Austin residence is ready to become your personal sanctuary.

At $324/sqft, this home is 17% below the Austin active market average of $391/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

1301 Town Creek Dr #2, Austin, TX 78741

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Property Details

Price $819,000

Status Active Listing

Beds 3

Full Baths 3

Half Baths 1

Living Area 2,528 sqft

Lot Size 0.03 acres (1,250.17 sqft)

Year Built 2017

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision South Shore Pointe

County Travis

Zip Code 78741

$/sqft $324/sqft

Days on Market ,

HOA $175/Monthly

Annual Tax Est. $14,908.04

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT207821379

List Date October 9, 2025

Elementary School Sanchez

Middle School Martin

High School Austin

School District ,

Have Questions About This Property?

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Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · October 9, 2025 $849,000

Current ask $819,000

▼ Reduced $30,000 (-3.5%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

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

1500 Summit St #5
1500 Summit Amd $775,000 $311 3 bd / 4 ba 2,488 sqft , 2026-08-10

40 N Interstate 35 Hwy #5A1
Towers Town Lake Condo Amd $885,000 $508 2 bd / 3 ba 1,743 sqft , 2026-10-16

2506 Audubon Pl
Greenbriar Sec 01 $749,000 $348 4 bd / 2 ba 2,151 sqft , 2026-07-05

2303 East 2nd St #1
Jones F H $895,000 $532 3 bd / 4 ba 1,681 sqft , 2026-08-06

111 Mildred St #3
Jones F H $985,000 $532 3 bd / 4 ba 1,853 sqft , 2026-03-10

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

$3,931/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

$163,800

20% conventional investment loan

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

Estimated Gross Rent+$3,931

Principal + Interest−$4,470

Property Tax (~2.1% TX avg)−$1,433

Insurance (~0.5%)−$341

Est. Monthly Cash Flow $-2,313

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

About the Author

Luke Allen

Licensed Austin TX Realtor · TREC #788149 · Full-time since 2019

★★★★★ 5.0 on Google · 30 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. This page was last updated on October 12, 2026.

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

1301 Town Creek Dr #2