Active Listing  ·  49 days on market

1521 Madison Ave

Austin, TX 78757
$1,998,500
5 Bed 5 Bath 3,281 sqft $609/sqft Built 2026 0.19 acres 2-Car Garage Pool New Construction Crestview Add Sec 05

Welcome to Madison Residence, an exceptional luxury single-family home nestled on a large homesite along one of Crestview’s most coveted streets, offering the perfect blend of sophisticated design, functional living, and premier location. Scheduled for completion in September, this stunning residence spans 3,281 square feet and features 5 bedrooms, 5 full bathrooms, and thoughtfully curated spaces designed for both everyday comfort and elevated entertaining. The main level showcases soaring 12-foot ceilings that fill the home with natural light and create a grand sense of openness, while also offering two spacious bedrooms and two full bathrooms, ideal for guests, multigenerational living, or a dedicated home office. Upstairs, you'll find three additional bedrooms, three bathrooms, and a versatile loft that can serve as a secondary living area, media room, playroom, or workspace. Every detail has been carefully considered, with interiors curated by the acclaimed By Britt Design, delivering a timeless aesthetic through refined finishes, designer selections, and impeccable craftsmanship. Outside, the home transforms into a private retreat featuring a resort-style pool and expansive backyard, creating the perfect setting for relaxing, entertaining, and enjoying Austin’s year-round outdoor lifestyle. Combining luxury, flexibility, and exceptional design in one of Central Austin’s most sought-after neighborhoods, Madison Residence presents a rare opportunity to own a truly remarkable new construction home in Crestview.

At $609/sqft, this home is priced 56% 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

1521 Madison Ave, Austin, TX 78757

Property Details

Price $1,998,500
Status Active Listing
Beds 5
Full Baths 5
Half Baths ,
Living Area 3,281 sqft
Lot Size 0.19 acres (8,215.42 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Crestview Add Sec 05
County Travis
Zip Code 78757
$/sqft $609/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $11,224.7
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT236231530
List Date June 16, 2026
Elementary School Brentwood
Middle School Lamar (Austin ISD)
High School McCallum
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
2014 E 10th St
Grandview Place
$1,999,000 $572 6 bd / 5 ba 3,492 sqft , 2026-03-19
5805 Chesterfield Ave
Skyview Sec 01
$1,999,000 $614 5 bd / 5 ba 3,256 sqft , 2026-05-03
3309 Stardust Dr
Allandale Park Sec 04
$1,999,000 $713 5 bd / 4 ba 2,804 sqft , 2026-06-29
1008 W 22nd St
Peterson
$1,999,000 $735 6 bd / 4 ba 2,720 sqft , 2026-05-26
2305 Barton Creek Blvd #29
Fairways on the Fazio
$1,999,999 $531 4 bd / 4 ba 3,769 sqft , 2025-08-22

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
$9,593/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
$399,700
20% conventional investment loan

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

Estimated Gross Rent+$9,593
Principal + Interest−$10,907
Property Tax (~2.1% TX avg)−$3,497
Insurance (~0.5%)−$833
Est. Monthly Cash Flow $-5,644

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 →

Neighborhood Context

About Crestview

Crestview has emerged over the past decade as one of Central Austin's best value stories - a neighborhood of genuine mid-century character that offers more home for the money than adjacent Hyde Park or Rosedale, while sharing many of the same location advantages. The neighborhood sits north of 45th Street between Lamar and Burnet Road, placing it equidistant between downtown Austin and the Domain tech corridor.

The commercial corridors bordering Crestview are some of North Austin's most interesting. Burnet Road to the west has become one of Austin's hippest streets - Epoch Coffee, the Violet Crown Social Club, 24 Diner, and dozens of bars and restaurants that have transformed the strip over the past decade. The neighborhood attracts a mix of young families, professionals in their 30s and 40s, and buyers who want mid-century architecture without the premium of Hyde Park or Rosedale.

🏠
Mid-Century Architecture

A high concentration of intact 1950s ranch homes and mid-century modern designs. Original details - terrazzo floors, clerestory windows, open beams - are common in well-preserved examples.

🍺
Burnet Road Corridor

One of Austin's most dynamic commercial strips runs along the neighborhood's western edge. Epoch Coffee, Violet Crown Social Club, 24 Diner, and dozens more restaurants and bars within easy walking or biking distance.

💰
Best Value in Central Austin

Crestview consistently offers lower prices per square foot than Hyde Park, Rosedale, or Tarrytown for comparable central location and school quality. The gap has been closing - buyers who moved in early have seen exactly this play out.

🎓
McCallum High School

McCallum's Fine Arts Academy is one of AISD's most distinctive programs - a magnet school known for music, theater, and visual arts that draws students from across the district. A genuine asset for families with creative kids.

Full Crestview Guide →

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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