Active Listing  ·  153 days on market

212 Fletcher St

Austin, TX 78704
$2,075,000
3 Bed 5 Bath 2,573 sqft $806/sqft Built 2024 0.17 acres 1-Car Garage Pool La Prelle Place Resub

Conceived for the way Austin lives at its best, this 2024-built modern residence sits moments from South Congress and South 1st. With three bedrooms and three-and-a-half baths in the main house, this home lives effortlessly. The detached casita — complete with its own living area, kitchenette, loft area, and full bath — functions equally well as a guest suite, income opportunity, or private office.

Inside, the architecture makes an immediate statement: Level 5 smooth-finish walls, wide-plank hardwood floors, and vaulted ceilings set a tone of quiet sophistication. The living room opens to the outdoors through 8-foot sliding glass doors, dissolving the boundary between the interior and the expansive covered terrace, pool, and outdoor kitchen.

The kitchen is built for serious entertaining — a waterfall quartz island, custom cabinetry, a full Thermador appliance suite, and a dedicated butler's pantry with a wine fridge. The main-level primary suite is its own retreat: a spa bath wrapped in marble, designed with the same deliberate calm as the rest of the home. Upstairs, spacious secondary bedrooms and a versatile second living space offer room to spread out. A 1-car garage and carport complete the package.

At $806/sqft, this home is priced 106% above the Austin active market average of $392/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

212 Fletcher St, Austin, TX 78704

Property Details

Price $2,075,000
Status Active Listing
Beds 3
Full Baths 4
Half Baths 1
Living Area 2,573 sqft
Lot Size 0.17 acres (7,396.49 sqft)
Year Built 2024
Garage 1 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision La Prelle Place Resub
County Travis
Zip Code 78704
$/sqft $806/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $37,544.45
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT225687192
List Date April 22, 2026
Elementary School Travis Hts
Middle School Lively
High School Travis
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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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 · April 22, 2026 $2,150,000
Previous ask $2,100,000
Current ask $2,075,000
Reduced $75,000 (-3.5%) 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
1105 Travis Heights Blvd
Travis Heights
$2,150,000 $675 4 bd / 5 ba 3,187 sqft , 2026-08-19
1317 Newning Ave
Michaels Fairview Park 02
$1,999,500 $999 3 bd / 1 ba 2,002 sqft , 2026-04-10
1704 Travis Heights Blvd
Travis Heights
$1,999,000 $774 3 bd / 2 ba 2,583 sqft , 2026-09-11
3005 S 4th St #1
Oak Ridge Heights Sec 03
$2,249,000 $650 4 bd / 4 ba 3,462 sqft , 2026-08-12
711 Jewell St #A & B
Smith R G
$2,250,000 $1,341 4 bd / 3 ba 1,678 sqft , 2025-10-03

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
$9,960/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
$415,000
20% conventional investment loan

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

Estimated Gross Rent+$9,960
Principal + Interest−$11,324
Property Tax (~2.1% TX avg)−$3,631
Insurance (~0.5%)−$865
Est. Monthly Cash Flow $-5,860

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 →