Active Listing  ·  490 days on market

2300 S 3rd St

Austin, TX 78704
$1,245,000
3 Bed 2 Bath 1,797 sqft $693/sqft Built 1939 0.21 acres 2-Car Garage Pool Bawcom

Nestled in the sought-after Bolden neighborhood, this stunning home blends historic charm with modern luxury. Built in 2011 according to plans by esteemed architect Clayton Korte, the main house has a large, covered front porch that is a great place to enjoy your morning coffee. The open layout of this three bedroom, two bathroom home is flooded with natural light thanks to large windows and high, slanted ceilings. A detached guest house with a kitchenette and full bathroom has a Keep-Austin-Weird-Peacocks-Are-Welcome feel that Bouldin has long been known for. The gated driveway leads past the main house and the guest house to a detached two car garage and there is plenty of room in the yard for playing catch, raising a garden and for pets to roam. This home is conveniently located just minutes from downtown, shopping and dining on South Congress and South Lamar and easily accessible to major thoroughfares.

At $693/sqft, this home is priced 77% 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 S 3rd St, Austin, TX 78704

Property Details

Price $1,245,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,797 sqft
Lot Size 0.21 acres (9,112.75 sqft)
Year Built 1939
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Bawcom
County Travis
Zip Code 78704
$/sqft $693/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $20,878.39
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT193594535
List Date April 1, 2025
Elementary School Becker
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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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
1004 Juanita None #2
La Perla
$1,249,000 $589 4 bd / 4 ba 2,122 sqft , 2026-06-05
4231 Westlake Dr #C3
Fourteenth Fairway Condo
$1,249,000 $549 4 bd / 2 ba 2,273 sqft , 2026-06-19
301 West Ave #1204
Independent Condos
$1,249,900 $848 2 bd / 2 ba 1,474 sqft , 2026-06-24
3309 Larry Ln #1
Cherrywood
$1,249,990 $594 3 bd / 3 ba 2,104 sqft , 2026-07-23
205 Medina St #1
SHELLEY N G SUBD
$1,250,000 $754 3 bd / 3 ba 1,657 sqft , 2025-10-10

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
$5,976/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
$249,000
20% conventional investment loan

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

Estimated Gross Rent+$5,976
Principal + Interest−$6,794
Property Tax (~2.1% TX avg)−$2,179
Insurance (~0.5%)−$519
Est. Monthly Cash Flow $-3,516

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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