Active Listing  ·  76 days on market

2201 E 16th St

Austin, TX 78702
$1,199,900
4 Bed 4 Bath 2,524 sqft $475/sqft Built 2023 0.09 acres 1-Car Garage Pool Division B

Welcome to the corner of color, creativity, and convenience in Austin's beloved Chestnut neighborhood! Just two years young, this thoughtfully designed single-family home sits proudly on a coveted corner lot beside a quiet neighborhood park, where morning coffee comes with birdsong and evening strolls are simply part of the lifestyle.

From the moment you step inside, soaring ceilings, abundant natural light, and playful designer finishes create a home that feels both sophisticated and delightfully unexpected. Pops of cheerful color blend effortlessly with warm wood tones, creating spaces that invite conversation, celebration, and everyday living.

The heart of the home is an entertainer's dream, featuring a premium Bosch appliance package, generous island seating, and an open-concept living/dining area that flows seamlessly.

Flexibility is one of its greatest strengths. The first-floor fourth bedroom has been thoughtfully designed as the perfect home office, offering privacy for remote work while easily functioning as a guest room when needed. Upstairs, spacious en-suite bedrooms provide peaceful retreats, while the third-floor guest suite with its own loft creates the ultimate getaway for visitors, multigenerational living, creative studio space, or game room.

Outside, enjoy all the advantages of corner-lot living with the park as your extended backyard. Spend weekends exploring the vibrant restaurants, coffee shops, breweries, and local boutiques that make East Austin one of the city's most sought-after destinations. Walkability is exceptional, allowing you to leave the car in the attached one-car garage and enjoy the neighborhood on foot.

Located within highly rated schools and just minutes from Downtown, UT, Mueller, and Austin's thriving entertainment districts, this modern Chestnut gem offers the perfect blend of style, location, and livability. If you've been searching for a home that's as vibrant as the neighborhood around it, you've just found it.

At $475/sqft, this home is priced 21% 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

2201 E 16th St, Austin, TX 78702

Property Details

Price $1,199,900
Status Active Listing
Beds 4
Full Baths 3
Half Baths 1
Living Area 2,524 sqft
Lot Size 0.09 acres (3,977.03 sqft)
Year Built 2023
Garage 1 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Division B
County Travis
Zip Code 78702
$/sqft $475/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $21,143.38
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT238964303
List Date July 8, 2026
Elementary School Campbell
Middle School Kealing
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.

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 · July 8, 2026 $1,275,000
Current ask $1,199,900
Reduced $75,100 (-5.9%) 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
3309 Larry Ln #1
Cherrywood
$1,199,900 $570 3 bd / 3 ba 2,104 sqft , 2026-07-23
3710 Manorwood Rd
Manor Hill
$1,199,000 $543 3 bd / 3 ba 2,210 sqft , 2026-08-06
1814 Maple Ave
Glenwood Add
$1,195,000 $517 3 bd / 3 ba 2,310 sqft , 2026-09-17
1306 Navasota St
Merz Addition
$1,150,000 $415 4 bd / 5 ba 2,770 sqft , 2026-05-21
2110 E 9th St
Grandview Place
$1,250,000 $560 4 bd / 4 ba 2,232 sqft , 2026-09-16

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
$5,760/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
$239,980
20% conventional investment loan

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

Estimated Gross Rent+$5,760
Principal + Interest−$6,548
Property Tax (~2.1% TX avg)−$2,100
Insurance (~0.5%)−$500
Est. Monthly Cash Flow $-3,388

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 21, 2026.

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