Active Listing  ·  7 days on market

1902 Greenwood Ave #2

Austin, TX 78723
$1,100,000
4 Bed 4 Bath 2,481 sqft $443/sqft Built 2026 0.27 acres 1-Car Garage Pool New Construction Manor Road Add

Bold designer finishes and downtown skyline views define this new construction residence at 1902 Greenwood Ave. Home 2 offers 4 bedrooms, 3.5 baths and a main-level gym/office across 2,481 sf on three levels. The kitchen sets the tone: a deep green tile island and matching backsplash, sleek flat-panel cabinetry, gas range and stainless appliances. Wide-plank white oak floors, black-framed windows and vaulted ceilings carry through the open living and dining space, with sliding doors out to a covered deck framed by mature trees. The primary suite has its own balcony, a walk-in closet with built-ins, and a spa bath with freestanding tub, double vanity and rain shower. On the third floor, a covered balcony looks straight across the treetops to the downtown skyline. Privacy fencing front and back, a fenced yard and carport parking. Minutes to downtown and the East Side’s best restaurants and coffee.

At $443/sqft, this home is priced 14% 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

1902 Greenwood Ave #2, Austin, TX 78723

Property Details

Price $1,100,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths 1
Living Area 2,481 sqft
Lot Size 0.27 acres (11,909.3 sqft)
Year Built 2026
Garage 1 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Manor Road Add
County Travis
Zip Code 78723
$/sqft $443/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $8,204.67
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT230074922
List Date November 5, 2026
Elementary School Maplewood
Middle School Kealing
High School McCallum
School District Austin ISD

Austin ISD

Maplewood · Kealing · McCallum

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
1801 Perez St
Chernosky
$1,100,000 $418 5 bd / 4 ba 2,634 sqft , 2026-11-02
3700 Tower View Ct
Manor Hill
$1,075,000 $457 4 bd / 4 ba 2,352 sqft , 2026-10-29
1606 Cedar Ave #A
Glenwood Add
$1,149,000 $589 4 bd / 4 ba 1,950 sqft , 2026-08-14
2603 E 14th St
Glenwood Add
$1,050,000 $556 3 bd / 4 ba 1,888 sqft , 2026-10-23
3309 Larry Ln #1
Cherrywood
$1,199,900 $570 3 bd / 3 ba 2,104 sqft , 2026-07-23

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
$5,280/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
$220,000
20% conventional investment loan

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

Estimated Gross Rent+$5,280
Principal + Interest−$6,003
Property Tax (assumed ~2.1%)−$1,925
Insurance (assumed ~0.5%)−$458
Est. Monthly Cash Flow $-3,106

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 11, 2026.

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

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