Active Listing  ·  53 days on market

1707 Willow St

Austin, TX 78702
$2,500,000
4 Bed 5 Bath 2,677 sqft $934/sqft Built 2016 0.17 acres 2-Car Garage Pool Riverside

Located in one of East Austin's most desirable neighborhoods, this exceptional modern residence offers a thoughtfully designed 3 bedroom, 3.5 bath main home complemented by a beautifully appointed 1 bedroom, 1 bath guest apartment with a private entrance above the detached two-car garage. In the main residence, the open-concept floor plan is ideal for both everyday living and entertaining, featuring a living room with a fireplace and a chef's kitchen with custom bookmatched walnut cabinetry, stone countertops, Bosch appliances, an induction cooktop, steam oven, secondary refrigerator drawers, and a wet bar. Expansive sliding glass doors open to a private backyard retreat complete with a pool, spa, sauna, cold plunge, and covered outdoor living area. Upstairs, the primary suite offers a wraparound terrace, a spa-inspired bath with dual vanities and a glass-enclosed shower, and a custom walk-in closet. Additional highlights include en-suite baths for every bedroom, a powder room, and epoxy flooring in the garage. Adding remarkable flexibility and value, the detached garage apartment is a fully equipped guest residence complete with its own full kitchen, bedroom, bathroom with a walk-in shower, and an expansive private terrace. Currently operating as a successful Airbnb, it presents an exceptional opportunity for supplemental income, extended guest accommodations, or a private workspace. Combining contemporary architecture, premium amenities, and an unbeatable East Austin location, this residence offers a rare opportunity to enjoy refined city living with the added benefit of income-producing potential. Tax and assessed values are estimates for illustration purposes only. All figures should be independently verified.

At $934/sqft, this home is priced 138% 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

1707 Willow St, Austin, TX 78702

Property Details

Price $2,500,000
Status Active Listing
Beds 4
Full Baths 4
Half Baths 1
Living Area 2,677 sqft
Lot Size 0.17 acres (7,405.2 sqft)
Year Built 2016
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Riverside
County Travis
Zip Code 78702
$/sqft $934/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $30,783.55
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT241471848
List Date July 31, 2026
Elementary School Sanchez
Middle School Kealing
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
1605 Chelsea Ln #1
Travis Heights
$2,450,000 $742 5 bd / 4 ba 3,300 sqft , 2026-09-14
30 Chalmers Ave
Chalmers Add
$2,565,000 $898 4 bd / 4 ba 2,856 sqft , 2026-08-06
610 Davis St #4301
The Modern Austin Residences
$2,425,500 $1,243 3 bd / 3 ba 1,951 sqft , 2026-05-28
44 East Ave #2101
44 East Ave Condos
$2,300,000 $1,132 3 bd / 3 ba 2,032 sqft , 2026-09-20
2005 E 8th St #1
Oil Mill
$2,250,000 $743 4 bd / 5 ba 3,027 sqft , 2026-02-27

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
$12,000/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
$500,000
20% conventional investment loan

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

Estimated Gross Rent+$12,000
Principal + Interest−$13,644
Property Tax (~2.1% TX avg)−$4,375
Insurance (~0.5%)−$1,042
Est. Monthly Cash Flow $-7,061

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 1, 2026.

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