Active Listing  ·  109 days on market

2007 Canterbury St #2

Austin, TX 78702
$829,500
3 Bed 3 Bath 1,400 sqft $593/sqft Built 2026 0.15 acres 1-Car Garage Pool New Construction Driving Park Add

Welcome to the Canterbury Residence, a thoughtfully designed modern home in the heart of Holly - one of East Austin’s most vibrant and sought-after neighborhoods - offering 3 bedrooms, 2.5 bathrooms, and approximately 1,400 square feet of refined living space. This beautifully crafted companion residence delivers elevated design in a more efficient footprint, featuring clean modern lines, high ceilings, wide-plank wood floors, and curated designer finishes that create a seamless blend of sophistication and functionality throughout. The open-concept layout is both practical and inviting, ideal for everyday living and entertaining, while maintaining a sense of warmth and intention in every space. Perfect as a primary residence, stylish guest home, or income-producing opportunity, this home adapts effortlessly to a variety of lifestyles. Positioned in prime Holly, residents enjoy walkable access to East Austin’s dynamic scene - trendy coffee shops, cocktail bars, and some of the city’s most acclaimed restaurants - along with easy access to outdoor recreation at Lady Bird Lake. Just minutes from Downtown Austin, Canterbury Residence offers the rare combination of urban convenience and neighborhood charm, making it a standout opportunity in one of the city’s most energetic and evolving districts. June completion. Comes with builder warranty and no restrictions on STRs.

At $593/sqft, this home is priced 52% 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

2007 Canterbury St #2, Austin, TX 78702

Property Details

Price $829,500
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,400 sqft
Lot Size 0.15 acres (6,743.09 sqft)
Year Built 2026
Garage 1 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Driving Park Add
County Travis
Zip Code 78702
$/sqft $593/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $11,616.01
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT223090667
List Date April 17, 2026
Elementary School Sanchez
Middle School Martin
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
2118 Brackenridge St #5
South River Cityhomes Condominiums
$830,000 $498 3 bd / 3 ba 1,667 sqft , 2026-04-16
6303 Cannes Cir
Cherry Creek Ph 06 Sec 02 Amd
$830,000 $448 3 bd / 2 ba 1,854 sqft , 2026-07-28
11622 Doyle Rd
RURAL
$825,000 $546 3 bd / 2 ba 1,512 sqft , 2026-05-13
2009 Payne Ave #2
Bellaire
$825,000 $530 3 bd / 3 ba 1,557 sqft , 2026-05-20
1208 Fairwood Rd
Delwood Sec 02
$825,000 $480 3 bd / 2 ba 1,719 sqft , 2026-06-11

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
$3,982/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
$165,900
20% conventional investment loan

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

Estimated Gross Rent+$3,982
Principal + Interest−$4,527
Property Tax (~2.1% TX avg)−$1,452
Insurance (~0.5%)−$346
Est. Monthly Cash Flow $-2,343

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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