Active Listing  ·  64 days on market

1708 Canterbury St #2

Austin, TX 78702
$699,000
2 Bed 3 Bath 1,100 sqft $635/sqft Built 2026 0.06 acres 1-Car Garage Pool New Construction Riverside

Tucked into one of East Austin’s most vibrant pockets, this thoughtfully designed new construction offers the perfect blend of modern living, privacy, and flexibility.

Featuring two spacious ensuite bedrooms, each with its own full bath, this home is ideal for comfortable everyday living, hosting guests, or creating separation for work-from-home lifestyles. A convenient half bath on the main level adds functionality for entertaining.

The open-concept living space is elevated by custom cabinetry, Perla Mirage quartz counter tops, and stainless steel appliances, creating a clean, modern aesthetic with high-end finishes throughout.

Step outside and enjoy multiple private outdoor spaces, including a covered front porch, covered back patio, and a balcony off the primary suite—perfect for morning coffee or evening unwinding. The fenced yard with mature shade trees adds a rare sense of tranquility and usability in an urban setting.

Additional highlights include a 1-car garage with EV charging capability, offering both convenience and future-ready functionality. As a bonus, the air-conditioned garage features durable epoxy-coated floors, making this an ideal flex space for an office, home gym, game room or art studio.

Located just minutes from downtown, local dining, and entertainment, this home delivers not only a prime lifestyle location but also exceptional versatility for a variety of living arrangements. The dual-ensuite layout and location make it especially well-suited for buyers seeking flexibility in how the home is used.

A rare opportunity to own a design-forward property in one of Austin’s most desirable neighborhoods.

At $635/sqft, this home is priced 62% 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

1708 Canterbury St #2, Austin, TX 78702

Property Details

Price $699,000
Status Active Listing
Beds 2
Full Baths 2
Half Baths 1
Living Area 1,100 sqft
Lot Size 0.06 acres (2,613.6 sqft)
Year Built 2026
Garage 1 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Riverside
County Travis
Zip Code 78702
$/sqft $635/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT232129469
List Date June 1, 2026
Elementary School Metz
Middle School Martin
High School Austin
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 · June 1, 2026 $724,900
Current ask $699,000
Reduced $25,900 (-3.6%) 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
3204 Lyons Rd #1
Delzell Sec 02
$699,000 $474 3 bd / 3 ba 1,476 sqft , 2026-04-21
4907 W Market Dr
Highland Village Sec 02 Pt 03
$699,000 $547 3 bd / 1 ba 1,278 sqft , 2026-06-22
360 Nueces St #1809
Residential Condo Amd 360
$699,000 $562 2 bd / 2 ba 1,244 sqft , 2026-06-26
1715 Enfield Rd #202
Enfield E
$699,000 $574 2 bd / 2 ba 1,217 sqft , 2026-07-02
2111 Prather Ln #1
Greystone/Prather Condos
$699,000 $481 2 bd / 3 ba 1,452 sqft , 2026-07-17

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
$3,355/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
$139,800
20% conventional investment loan

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

Estimated Gross Rent+$3,355
Principal + Interest−$3,815
Property Tax (~2.1% TX avg)−$1,223
Insurance (~0.5%)−$291
Est. Monthly Cash Flow $-1,974

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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