Active Listing  ·  116 days on market

2008 Gathright Cv #A

Austin, TX 78704
$1,370,000
4 Bed 4 Bath 2,581 sqft $531/sqft Built 2024 0.13 acres 1-Car Garage Pool Phillips

Experience refined modern living in the heart of 78704, where striking architecture meets intentional design by Sett Studio. Wrapped in a bold black exterior, this residence makes a dramatic first impression while blending sophistication with warmth. Inside, walls of glass and signature floor-to-ceiling windows flood the home with natural light, creating an airy, gallery-like feel. French white oak floors, designer lighting, and 10-foot vaulted ceilings complement the clean, contemporary aesthetic. The open-concept layout is ideal for entertaining, centered around a chef-inspired kitchen featuring black leatherized granite countertops, an oversized island with seating, gas range, large sink, and abundant storage, all flowing seamlessly into the dining and living areas. The primary suite offers a serene retreat with vaulted ceilings and expansive windows. The spa-like ensuite includes dual vanities, quartz countertops, a dark juniper tiled walk-in shower, and a spacious walk-in closet. Two additional bedrooms and a full bath complete the second level, while the third-floor flex space functions as a fourth bedroom, office, or studio. Outdoors, enjoy a private backyard with a 20x10 plunge pool, landscaping, and privacy fencing—perfect for relaxing or entertaining. This smart home includes programmable thermostats, LED lighting, Haiku ceiling fans, EV charging, and a zoned sprinkler system. Located near top Austin favorites like Radio Coffee & Beer, Easy Tiger, Broken Spoke, Barton Creek Greenbelt, and Central Market. No HOA dues! Schedule your private showing today. New construction property that has been leased since completion over the past year.

At $531/sqft, this home is priced 36% 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

2008 Gathright Cv #A, Austin, TX 78704

Property Details

Price $1,370,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths 1
Living Area 2,581 sqft
Lot Size 0.13 acres (5,597.46 sqft)
Year Built 2024
Garage 1 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Phillips
County Travis
Zip Code 78704
$/sqft $531/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $19,592
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT224961177
List Date April 10, 2026
Elementary School Joslin
Middle School Covington
High School Crockett
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 →

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
8300 Hathaway Dr
Dixie Terrace
$1,374,999 $532 4 bd / 3 ba 2,585 sqft , 2026-05-13
915 Garner Ave
Barton Heights
$1,365,000 $621 4 bd / 3 ba 2,198 sqft , 2026-06-04
9294 Scenic Bluff Dr
Barton Creek West
$1,365,000 $497 4 bd / 3 ba 2,745 sqft , 2026-06-26
2207 Forest Trl #A
Windsor Road/Forest Trail Condo
$1,375,000 $424 4 bd / 5 ba 3,240 sqft , 2026-04-10
3412 South Oak Dr #A
South Oak
$1,375,000 $576 3 bd / 3 ba 2,389 sqft , 2026-05-07

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
$6,576/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
$274,000
20% conventional investment loan

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

Estimated Gross Rent+$6,576
Principal + Interest−$7,477
Property Tax (~2.1% TX avg)−$2,398
Insurance (~0.5%)−$571
Est. Monthly Cash Flow $-3,870

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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