Active Listing  ·  98 days on market

2300 Bluebonnet Ln

Austin, TX 78704
$2,050,000
3 Bed 5 Bath 3,167 sqft $647/sqft Built 2026 0.15 acres 1-Car Garage Pool New Construction Rabb Inwood Hills

2300 Bluebonnet Ln | Austin, TX 78704 – Crafted by Cavada Homes, this 3,167 sq ft modern masterpiece pairs downtown skyline views with resort-style outdoor living in the heart of 78704. Every room is finished in warm engineered wood flooring and framed with sleek iron railings, while exposed wood ceilings and designer lighting create a sophisticated yet welcoming atmosphere.

The European-inspired kitchen features custom modern cabinetry, expansive quartz counters, and a dramatic double-waterfall island. An under-stairs wine/drink chiller with roomy drawers and a pull-out bookcase safe room adds a playful but practical twist. The living room’s acoustic feature wall and adjustable LED backlighting deliver the perfect movie-night experience without eye strain.

Retreat upstairs to dual primary suites, including an oversized owner’s closet with finish-out options. A third-floor flex room offers space for a game room, studio, or office—with the option to add a closet. Multiple balconies and patios—over 1,500 sq ft combined—invite you to savor breezy evenings, city lights, and quiet mornings.

Step outside to a Plungie concrete pool, xeriscaped landscaping, and an outdoor kitchen with built-in BBQ, sink, mini-fridge, and storage. Two rolling gates with automatic openers provide secure dual-driveway access, while the oversized garage and planned carport option ensure ample parking. Additional touches include: wall-mounted toilets and vanities, large-format porcelain tile baths, two tankless water heaters for endless hot water, space for an extra laundry fridge, and abundant storage throughout.

Moments from Zilker Park, Barton Springs, and South Lamar dining, this home offers a rare blend of luxury, innovation, and location—ready for its first owner to make it their own.

At $647/sqft, this home is priced 65% 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

2300 Bluebonnet Ln, Austin, TX 78704

Property Details

Price $2,050,000
Status Active Listing
Beds 3
Full Baths 4
Half Baths 1
Living Area 3,167 sqft
Lot Size 0.15 acres (6,682.1 sqft)
Year Built 2026
Garage 1 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Rabb Inwood Hills
County Travis
Zip Code 78704
$/sqft $647/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $22,273.27
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT206999195
List Date April 28, 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.

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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
816 Stonewall Ridge Ln
Sky Forest
$2,075,000 $512 4 bd / 3 ba 4,053 sqft , 2026-03-12
3514 Bridle Path
Walsh Place
$2,000,000 $762 3 bd / 2 ba 2,624 sqft , 2026-03-04
812 W 10th St
Division E
$2,000,000 $719 4 bd / 2 ba 2,782 sqft , 2026-06-24
212 Fletcher St
La Prelle Place Resub
$2,100,000 $816 3 bd / 5 ba 2,573 sqft , 2026-04-22
222 West Ave #1901
Seaholm Residences Residential
$2,100,000 $943 3 bd / 3 ba 2,227 sqft , 2026-03-20

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
$9,840/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
$410,000
20% conventional investment loan

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

Estimated Gross Rent+$9,840
Principal + Interest−$11,188
Property Tax (~2.1% TX avg)−$3,588
Insurance (~0.5%)−$854
Est. Monthly Cash Flow $-5,790

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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