Active Listing  ·  8 days on market

1609 Canterbury St #2A

Austin, TX 78702
$665,000
2 Bed 3 Bath 1,497 sqft $444/sqft Built 2026 0.17 acres Pool New Construction Riverside

Introducing a refined modern residence in the heart of East Austin’s highly sought-after Holly neighborhood. 1609 Canterbury 2A is a sophisticated 2-bedroom, 2.5-bath home crafted by renowned Mopac Builders, celebrated for exceptional quality and craftsmanship, with interiors thoughtfully curated by Patrice Nichole Studio. Designed across three levels, the home offers a distinctive layout that balances privacy, flexibility, and effortless city living. The main level features a private bedroom with a full bath, creating the perfect setting for guests, a home office, or a quiet secondary retreat. The second level serves as the social heart of the home with an open-concept kitchen, dining, and living space designed for both everyday comfort and entertaining, while the third floor is dedicated entirely to the primary suite, offering a secluded and serene owner’s retreat. Elevated finishes, curated lighting, abundant natural light, and a timeless material palette give the residence a polished yet inviting feel throughout. Beyond the design, the lifestyle is hard to match. Walk to Lady Bird Lake and the hike-and-bike trail, enjoy the restaurants and nightlife of Rainey Street, explore East Cesar Chavez, or reach downtown Austin in minutes. Tucked within a quieter pocket of Holly while surrounded by some of Austin’s best dining, recreation, and culture, 1609 Canterbury offers a rare blend of elevated design, urban connectivity, and neighborhood charm. Buyer will complete a blue tape walkthrough with the builder, and a builder warranty will be issued at closing. Property access is through an alley. Unit 2B is also available for purchase. Please do not disturb Unit 1. Contact the agent for more details.

At $444/sqft, this home is priced 13% above the Austin active market average of $392/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

1609 Canterbury St #2A, Austin, TX 78702

Property Details

Price $665,000
Status Active Listing
Beds 2
Full Baths 2
Half Baths 1
Living Area 1,497 sqft
Lot Size 0.17 acres (7,296.3 sqft)
Year Built 2026
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Riverside
County Travis
Zip Code 78702
$/sqft $444/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $13,000
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT248201982
List Date September 30, 2026
Elementary School Sanchez
Middle School Martin
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.

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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
1801 E 2nd St #8
East 2nd Condos
$665,000 $337 3 bd / 4 ba 1,974 sqft , 2026-09-04
1908 Holly St
Driving Park Add
$675,000 $441 2 bd / 2 ba 1,531 sqft , 2026-06-27
800 Embassy Dr #319
Tyndall at Robertson Hill
$650,000 $461 2 bd / 2 ba 1,411 sqft , 2026-07-03
1708 Canterbury St #B
Riverside
$649,999 $591 2 bd / 3 ba 1,100 sqft , 2026-09-22
1801 E 2nd St #9
East 2nd Condos
$649,000 $340 3 bd / 4 ba 1,911 sqft , 2026-06-04

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
$3,192/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
$133,000
20% conventional investment loan

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

Estimated Gross Rent+$3,192
Principal + Interest−$3,629
Property Tax (~2.1% TX avg)−$1,164
Insurance (~0.5%)−$277
Est. Monthly Cash Flow $-1,878

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 · 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 8, 2026.

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