Active Listing  ·  95 days on market

2305 Southern Oaks Dr

Austin, TX 78745
$1,589,000
4 Bed 4 Bath 2,616 sqft $607/sqft Built 2024 0.22 acres 2-Car Garage Pool Fairmont Park Sec 01

Some homes follow the formula. This one rewrites it.

Developed by VERV and designed by Austin's award-winning Joseph Design Build, 2305 Southern Oaks is a single-story residence that brings the caliber of Central Austin's finest builds to one of South Austin's most sought-after neighborhoods — without compromise.

At 12-foot ceilings throughout and a fully open floor plan, this home was built around a simple premise: space should be felt, not just measured. The living, dining, and kitchen areas flow naturally into one another, creating an environment that's equally suited for intimate evenings and large-scale entertaining.

The gourmet kitchen is appointed with top-of-line appliances and custom cabinetry — a proper workspace for those who take hospitality seriously. Step outside and you're met with a private pool, a rarity in South Austin's luxury market and a natural extension of the home's indoor-outdoor dynamic.

A two-car garage, energy-efficient systems, and thoughtful construction detailing round out a home that performs as well as it presents.

2305 Southern Oaks isn't a departure from what luxury looks like in Austin. It's a clarification of what it should have been all along.

At $607/sqft, this home is priced 55% 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

2305 Southern Oaks Dr, Austin, TX 78745

Property Details

Price $1,589,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths 1
Living Area 2,616 sqft
Lot Size 0.22 acres (9,718.24 sqft)
Year Built 2024
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Fairmont Park Sec 01
County Travis
Zip Code 78745
$/sqft $607/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $27,687.45
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT228365426
List Date May 1, 2026
Elementary School Sunset Valley
Middle School Covington
High School Crockett
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 →

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
1719 Spyglass Dr #6
Spyglass at Barton Creek
$1,589,000 $529 4 bd / 5 ba 3,001 sqft , 2026-02-24
900 S 2nd St #30
Bouldin Court Condos
$1,590,000 $601 3 bd / 3 ba 2,644 sqft , 2026-07-11
2005 Bowman Ave
Tarry Town 06
$1,585,000 $785 3 bd / 2 ba 2,019 sqft , 2026-05-19
360 Nueces St #3702
Residential Condo Amd 360
$1,595,000 $775 4 bd / 3 ba 2,057 sqft , 2026-06-12
200 W 40th St
Hyde Park Add 02
$1,595,000 $576 4 bd / 3 ba 2,771 sqft , 2026-06-24

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
$7,627/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
$317,800
20% conventional investment loan

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

Estimated Gross Rent+$7,627
Principal + Interest−$8,672
Property Tax (~2.1% TX avg)−$2,781
Insurance (~0.5%)−$662
Est. Monthly Cash Flow $-4,488

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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