Active Listing  ·  186 days on market

1704 Shelbourne Dr

Austin, TX 78752
$420,000
3 Bed 2 Bath 1,556 sqft $270/sqft Built 1969 0.22 acres 2-Car Garage Pool Creekside

PRE-FORECLOSURE / SHORT SALE OPPORTUNITY! OVER $31,000 IN RECENT UPGRADES.

Pool + sunroom + charm in the heart of Austin — this one checks all the boxes.

Warm and inviting 3-bedroom, 2-bath home offering 1,556 square feet of thoughtfully designed living space. Bright, open living areas create effortless flow for everyday living and easy entertaining, with natural light enhancing the welcoming feel throughout.

The spacious living room connects seamlessly to the kitchen, while a standout light-filled sunroom offers the perfect flex space for a home office, creative studio, workout room, or relaxed morning coffee retreat overlooking the backyard.

Step outside to your private oasis featuring a sparkling pool — ideal for cooling off during long Austin summers, hosting weekend gatherings, or unwinding after a busy day. The backyard provides space to lounge, dine, and enjoy indoor-outdoor living year-round.

Three comfortable bedrooms offer flexibility for guests, remote work, or growing households.

At $270/sqft, this home is 31% below the Austin active market average of $392/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

1704 Shelbourne Dr, Austin, TX 78752

Property Details

Price $420,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,556 sqft
Lot Size 0.22 acres (9,561.42 sqft)
Year Built 1969
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Creekside
County Travis
Zip Code 78752
$/sqft $270/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $12,241.64
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT219493488
List Date February 17, 2026
Elementary School Andrews
Middle School Webb
High School Northeast 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.

Schedule a Call →

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 · February 17, 2026 $615,000
Previous ask $575,000
Current ask $420,000
Reduced $195,000 (-31.7%) 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
7507 Bethune Ave #B
St Johns College
$420,000 $253 3 bd / 3 ba 1,659 sqft , 2026-01-16
6807 La Salle Dr
University Hills Sec 03 Ph 02
$434,900 $290 4 bd / 3 ba 1,499 sqft , 2026-07-02
6503 Linda Ln
Roberts Terrace
$405,000 $349 3 bd / 1 ba 1,160 sqft , 2026-04-10
7300 Fred Morse Dr
Vintage Hills Sec 02
$400,000 $242 3 bd / 2 ba 1,650 sqft , 2026-07-17
6409 Berkman Dr #6
Skyline on Berkman
$449,900 $312 3 bd / 3 ba 1,441 sqft , 2026-06-25

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
$2,016/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
$84,000
20% conventional investment loan

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

Estimated Gross Rent+$2,016
Principal + Interest−$2,292
Property Tax (~2.1% TX avg)−$735
Insurance (~0.5%)−$175
Est. Monthly Cash Flow $-1,186

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 August 6, 2026.

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