Active Listing  ·  106 days on market

2113 Thornton Rd

Austin, TX 78704
$765,000
4 Bed 2 Bath 1,680 sqft $455/sqft Built 2007 0.47 acres Pool Fredericksburg Road Acres

A unique opportunity in the heart of sought-after 78704 to own TWO detached residences on one expansive 20,473-square-foot lot (.47 acres). Tucked away on a private, tree-filled property backing to a creek, both 2-bedroom, 1-bath homes are in phenomenal condition.

The original structure, built in 1952 and renovated in 2003, is a charming home offering 780 sqft, covered porches, and a fenced front yard. The second structure, built in 2007, offers 900 sqft, featuring abundant natural light, hardwood flooring, and inviting indoor-outdoor living spaces. Both homes include in-unit laundry and dedicated parking.

Live in one and rent the other, create a multigenerational retreat, or hold as an income-producing investment. Just minutes from downtown, South Lamar, South 1st, Loro, The ABGB, coffee shops, shopping, and entertainment, this property offers incredible flexibility and long-term potential in one of Austin’s most desirable neighborhoods.

All information provided is deemed reliable but not guaranteed, is subject to change and should be verified independently by buyer and buyer's agent.

At $455/sqft, this home is priced 16% 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

2113 Thornton Rd, Austin, TX 78704

Property Details

Price $765,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths ,
Living Area 1,680 sqft
Lot Size 0.47 acres (20,473.2 sqft)
Year Built 2007
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Fredericksburg Road Acres
County Travis
Zip Code 78704
$/sqft $455/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $21,199.31
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT235426221
List Date June 9, 2026
Elementary School Zilker
Middle School O Henry
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.

Schedule a Call →

Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · June 9, 2026 $875,000
Previous ask $795,000
Current ask $765,000
Reduced $110,000 (-12.6%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

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
3215 Aldwyche Dr
Lightsey 2s 2nd Resub
$765,000 $473 3 bd / 3 ba 1,619 sqft , 2026-06-05
3604 Marcae Ct #1
3604 Marcae Condos
$750,000 $409 3 bd / 3 ba 1,834 sqft , 2026-08-05
4101 Menchaca Rd #205
4101 Menchaca
$749,000 $414 3 bd / 4 ba 1,809 sqft , 2026-05-13
3605 Winfield Cv
Barton Oaks
$790,000 $469 4 bd / 3 ba 1,683 sqft , 2026-03-15
3202 Overcup Oak Dr
South Terrace Add
$790,000 $394 4 bd / 3 ba 2,003 sqft , 2026-03-15

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
$3,672/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
$153,000
20% conventional investment loan

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

Estimated Gross Rent+$3,672
Principal + Interest−$4,175
Property Tax (~2.1% TX avg)−$1,339
Insurance (~0.5%)−$319
Est. Monthly Cash Flow $-2,161

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 9, 2026.

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