Active Listing  ·  101 days on market

1700 Patterson Rd

Austin, TX 78733
$1,650,000
3 Bed 3 Bath 2,851 sqft $579/sqft Built 1994 2.04 acres 2-Car Garage Pool Barton Bend

Charming Hill Country stone home set on over two acres in the heart of Eanes ISD. 1700 Patterson Road offers a rare opportunity to own in one of West Austin’s most quietly established pockets—where properties are valued for both their setting and long-term potential. Surrounded by mature trees and larger estate properties, the setting feels tucked away and peaceful, while still just minutes from the everyday conveniences of Westlake—HEB, Whole Foods, and the Galleria within easy reach. The home carries a timeless, rustic character, with natural stone construction, authentic hardwood floors, abundant natural light, a renovated kitchen and primary bath, and freshly painted interiors and exterior. Its comfortable layout works as-is or as the starting point for a thoughtful update or expansion. Set on a level, flat homesite, the property offers a sense of space that is increasingly rare in this area, supporting a range of possibilities whether enjoyed in its current form or thoughtfully enhanced over time. Zoned to highly regarded Eanes ISD, including Barton Creek Elementary just down the street. A compelling opportunity in West Austin for buyers who understand location, land, and long-term potential.

At $579/sqft, this home is priced 48% 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

1700 Patterson Rd, Austin, TX 78733

Property Details

Price $1,650,000
Status Active Listing
Beds 3
Full Baths 3
Half Baths ,
Living Area 2,851 sqft
Lot Size 2.04 acres (88,862.4 sqft)
Year Built 1994
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Barton Bend
County Travis
Zip Code 78733
$/sqft $579/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $14,710.06
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT227712796
List Date April 25, 2026
Elementary School Barton Creek
Middle School West Ridge
High School Westlake
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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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 · April 25, 2026 $1,895,000
Previous ask $1,700,000
Current ask $1,650,000
Reduced $245,000 (-12.9%) 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
801 The High Rd
Bonham
$1,650,000 $726 3 bd / 3 ba 2,273 sqft , 2026-05-26
13701 Montview Dr
Montview Acres
$1,650,000 $455 4 bd / 5 ba 3,625 sqft , 2026-06-10
1719 Spyglass Dr #17
Spyglass
$1,654,900 $526 4 bd / 5 ba 3,146 sqft , 2026-05-08
102 N Lake Hills Dr
Lake Ridge Estates Sec 02
$1,658,888 $509 4 bd / 4 ba 3,256 sqft , 2026-07-20
2302 E 11th St
Grandview Place
$1,659,000 $691 3 bd / 3 ba 2,400 sqft , 2026-07-25

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
$7,920/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
$330,000
20% conventional investment loan

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

Estimated Gross Rent+$7,920
Principal + Interest−$9,005
Property Tax (~2.1% TX avg)−$2,888
Insurance (~0.5%)−$688
Est. Monthly Cash Flow $-4,661

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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