Active Listing  ·  61 days on market

2301 East 2nd St #2

Austin, TX 78702
$795,000
3 Bed 4 Bath 1,600 sqft $497/sqft Built 2026 0.04 acres Pool New Construction Jones F H

New construction in Holly with a private backyard beneath a preserved heritage tree. This three-bedroom, 3.5-bath home offers 1,600 square feet across three levels, with the main-floor kitchen and living area opening directly to the backyard. The primary and second bedrooms are on the second floor, while a separate third-floor bedroom suite has its own full bathroom and balcony, giving guests their own space.

Floor-to-ceiling triple-pane windows bring in natural light, complemented by wood flooring, an island kitchen with a pantry, and high-efficiency, three-zone variable-speed climate control. Gas and water hookups are already in place in the backyard for a future outdoor kitchen, making it easy to enjoy the shaded outdoor space today and personalize it over time.

Located in East Austin’s Holly neighborhood, within walking distance of local restaurants, coffee shops, parks and trails, with convenient access to Downtown. No monthly HOA dues and no short-term rental restrictions.

Listing agent is a licensed Texas real estate agent and has an ownership interest in the property.

At $497/sqft, this home is priced 27% above the Austin active market average of $390/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

2301 East 2nd St #2, Austin, TX 78702

Property Details

Price $795,000
Status Active Listing
Beds 3
Full Baths 3
Half Baths 1
Living Area 1,600 sqft
Lot Size 0.04 acres (1,742.4 sqft)
Year Built 2026
Garage ,
Stories ,
Type Residential · Condominium
Subdivision Jones F H
County Travis
Zip Code 78702
$/sqft $497/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $6,818.83
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT246425854
List Date September 12, 2026
Elementary School Zavala
Middle School Kealing
High School Eastside Early College
School District Austin ISD

Austin ISD

Zavala · Kealing · Eastside Early College

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 · September 12, 2026 $835,000
Current ask $795,000
▼ Reduced $40,000 (-4.8%) 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
1606 S 2nd St
Bouldin J E Estate
$799,900 $641 3 bd / 2 ba 1,248 sqft , 2026-08-10
3129 Govalle Ave
Villa Govalle
$799,950 $415 3 bd / 3 ba 1,928 sqft , 2026-06-25
1101 1/2 Fiesta St #1
Glenmar
$800,000 $398 4 bd / 3 ba 2,009 sqft , 2026-10-16
3009 Kuhlman Ave #1
Lorraine Heights
$775,000 $414 3 bd / 3 ba 1,872 sqft , 2026-10-07
2007 Canterbury St #2
Driving Park Add
$829,500 $593 3 bd / 3 ba 1,400 sqft , 2026-04-17

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
$3,816/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
$159,000
20% conventional investment loan

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

Estimated Gross Rent+$3,816
Principal + Interest−$4,339
Property Tax (assumed ~2.1%)−$1,391
Insurance (assumed ~0.5%)−$331
Est. Monthly Cash Flow $-2,245

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 · 41 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. The written content was last updated on November 8, 2026.

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

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