Active Listing  ·  1 day on market

1708 Canterbury St #2

Austin, TX 78702
$649,999
2 Bed 7 Bath 1,100 sqft $591/sqft Built 2025 0.07 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 en-suite 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 $591/sqft, this home is priced 50% above the Austin active market average of $393/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 $649,999
Status Active Listing
Beds 2
Full Baths 2
Half Baths 5
Living Area 1,100 sqft
Lot Size 0.07 acres (3,049.2 sqft)
Year Built 2025
Garage 1 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Riverside
County Travis
Zip Code 78702
$/sqft $591/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $10,503.61
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT247445203
List Date September 22, 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.

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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
1002 Walter St
Rosewood Village Sec 8
$650,000 $558 3 bd / 2 ba 1,164 sqft , 2025-08-18
48 East Ave #2004
Natiivo
$650,000 $728 1 bd / 1 ba 893 sqft , 2025-10-03
1604 Haskell St #2
Tobin Resub Riverside
$650,000 $604 2 bd / 2 ba 1,077 sqft , 2026-05-26
1702 Willow St
Riverside
$650,000 $749 2 bd / 1 ba 868 sqft , 2026-09-02
2008 Riverview St #B
Riverview Condo 2008
$642,000 $613 2 bd / 2 ba 1,047 sqft , 2026-09-02

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
$3,120/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
$130,000
20% conventional investment loan

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

Estimated Gross Rent+$3,120
Principal + Interest−$3,547
Property Tax (~2.1% TX avg)−$1,137
Insurance (~0.5%)−$271
Est. Monthly Cash Flow $-1,835

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 September 22, 2026.

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