Active Listing  ·  14 days on market

1701 Willow St

Austin, TX 78702
$1,349,000
3 Bed 3 Bath 1,911 sqft $706/sqft Built 2024 0.17 acres Pool Riverside

History meets modern luxury in this corner-lot Craftsman in East Austin’s Holly neighborhood. Designed by Delineate Studio in collaboration with Thoughtbarn, the top-to-bottom renovation was completed in 2024 and delivers a turnkey, single-story floor plan with nothing left to do but move in.

A classic wraparound porch circles the home, framed by mature trees and landscaping. Inside, high ceilings and a wide hallway lead to a kitchen built to gather around: a large center island, generous storage, and top-of-the-line stainless and panel-front appliances. The primary suite stands out with a cathedral ceiling, two closets, and a wet room with a tub and walk-in shower. More highlights include custom window treatments, a security system, a dedicated utility room with sink, and a private patio made for grilling. Step outside and you’re 0.6 miles from the Lady Bird Lake Hike and Bike Trail and 1.5 miles from Congress Avenue, with dozens of Austin’s favorite restaurants and local spots nearby. Plans are already drawn for an upstairs addition of over 500 sq ft with a bedroom, a bathroom, and a second living area. Ask the listing agent for details on the plans and the builder who can bring them to life.

At $706/sqft, this home is priced 81% above the Austin active market average of $390/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

1701 Willow St, Austin, TX 78702

Property Details

Price $1,349,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,911 sqft
Lot Size 0.17 acres (7,265.81 sqft)
Year Built 2024
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Riverside
County Travis
Zip Code 78702
$/sqft $706/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $18,822.77
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT251112263
List Date October 29, 2026
Elementary School Metz
Middle School Martin
High School Eastside Early College
School District Austin ISD

Austin ISD

Metz · Martin · Eastside Early College

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
2326 Santa Rosa St
Industrial Add Annex
$1,325,000 $575 3 bd / 4 ba 2,303 sqft , 2026-11-10
555 E 5th St #3007
Five Fifty 05 Condo Amd
$1,395,000 $655 2 bd / 3 ba 2,131 sqft , 2026-09-01
1175 Navasota St #2
Robertson George L
$1,294,950 $532 4 bd / 4 ba 2,435 sqft , 2025-10-10
70 Rainey St #1908
70 Rainey Residences
$1,290,000 $900 2 bd / 2 ba 1,434 sqft , 2026-06-19
44 East Ave #3402
44 EAST AVE CONDIMINIUMS
$1,425,000 $1,028 2 bd / 2 ba 1,386 sqft , 2026-11-05

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
$6,475/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
$269,800
20% conventional investment loan

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

Estimated Gross Rent+$6,475
Principal + Interest−$7,362
Property Tax (assumed ~2.1%)−$2,361
Insurance (assumed ~0.5%)−$562
Est. Monthly Cash Flow $-3,810

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 · 41 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. The written content was last updated on November 12, 2026.

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

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