Active Listing  ·  76 days on market

2009 Payne Ave #2

Austin, TX 78757
$825,000
3 Bed 3 Bath 1,557 sqft $530/sqft Built 2025 0.16 acres Pool New Construction Bellaire

Experience the peak of Central Austin living in the heart of Brentwood with this newly completed masterpiece featuring 3 bedrooms and 2.5 baths. Tucked quietly at the rear of an exclusive boutique development, this residence combines architectural sophistication with the effortless ease of a move-in-ready home. The interior is anchored by stunning White Oak plank flooring and a vast wall of windows that invites the outdoors in. The gourmet kitchen serves as a refined centerpiece, showcasing floor-to-ceiling custom wood cabinetry, sleek quartz countertops, and a professional-grade stainless steel range with a dedicated vent hood. An expansive island with breakfast bar seating flows naturally toward a rare, private landscaped yard, creating a seamless transition for entertaining under the Texas sky. The primary suite is a true sanctuary, featuring a private balcony and a spa-inspired bathroom finished with a double vanity, contemporary brushed gold hardware, and a walk-in shower encased in elegant floor-to-ceiling tile. Elevating the design is a second expansive terrace perfect for evening air and neighborhood views, while two additional versatile bedrooms provide the ideal space for a high-end home office. Perfectly positioned on one of the neighborhood's most walkable streets, you are merely steps from the curated local charm of Little Deli, Bird Bird Biscuit, and the vibrant community energy of Brentwood Park. This is a rare invitation to claim a sophisticated, permanent piece of the authentic Austin soul. For more info, go to: https://wkf.ms/4n7ALeh

At $530/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

2009 Payne Ave #2, Austin, TX 78757

Property Details

Price $825,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,557 sqft
Lot Size 0.16 acres (7,178.69 sqft)
Year Built 2025
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Bellaire
County Travis
Zip Code 78757
$/sqft $530/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT230524055
List Date May 20, 2026
Elementary School Brentwood
Middle School Lamar (Austin ISD)
High School McCallum
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
1209 Kinney Ave #D
Kinney Lofts Condo
$825,000 $399 2 bd / 3 ba 2,068 sqft , 2026-01-14
11622 Doyle Rd
RURAL
$825,000 $546 3 bd / 2 ba 1,512 sqft , 2026-05-13
1208 Fairwood Rd
Delwood Sec 02
$825,000 $480 3 bd / 2 ba 1,719 sqft , 2026-06-11
2822 Wooldridge Dr #B
Pemberton Heights
$825,000 $565 2 bd / 3 ba 1,460 sqft , 2026-06-23
44 East Ave #1407
44 East
$825,000 $676 2 bd / 2 ba 1,221 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
$3,960/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
$165,000
20% conventional investment loan

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

Estimated Gross Rent+$3,960
Principal + Interest−$4,502
Property Tax (~2.1% TX avg)−$1,444
Insurance (~0.5%)−$344
Est. Monthly Cash Flow $-2,330

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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