Active Listing  ·  47 days on market

2306 S 2nd St

Austin, TX 78704
$2,295,000
4 Bed 6 Bath 3,254 sqft $705/sqft Built 2024 0.15 acres 2-Car Garage Pool Bawcom

Rarely does a home come to market in Bouldin Creek that combines this level of design, walkability, and livability. Built and designed by veteran Austin builder Forsite Studio, this custom modern home sits just behind South 1st Street, minutes from some of Austin’s favorite spots including Soho House, Neighborhood Sushi, Homeslice Pizza, Loro, Equinox, and more. From the moment you walk in, the scale and natural light stand out. Soaring ceilings, oversized windows, and a striking Venetian plaster fireplace create a warm but dramatic main living space that feels both elevated and comfortable. What truly sets the home apart is the floor plan. Both the primary suite and a secondary bedroom are located on the main level — a rare layout for newer construction in the area — while upstairs offers additional living spaces plus a flexible third-level retreat with full bath ideal for guests, a private office, or media room. Situated on an oversized 6,630 sq ft lot, the outdoor setup was designed for entertaining, complete with a private pool, outdoor kitchen, and outdoor shower. Every detail throughout the home feels intentional — herringbone floors, vaulted ceilings, custom white oak cabinetry, stone countertops, built-in refrigeration, a 48” pro-grade gas range, walk-in pantry, Venetian plaster hood, Sonos wiring, smart lighting, EV charging, and more. Now offered at an exceptional value for newer construction in Bouldin Creek. Schedule your showing today.

At $705/sqft, this home is priced 80% above the Austin active market average of $392/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

2306 S 2nd St, Austin, TX 78704

Property Details

Price $2,295,000
Status Active Listing
Beds 4
Full Baths 5
Half Baths 1
Living Area 3,254 sqft
Lot Size 0.15 acres (6,616.76 sqft)
Year Built 2024
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Bawcom
County Travis
Zip Code 78704
$/sqft $705/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $45,170.65
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT242434000
List Date August 6, 2026
Elementary School Galindo
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.

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
3005 S 4th St #1
Oak Ridge Heights Sec 03
$2,249,000 $650 4 bd / 4 ba 3,462 sqft , 2026-08-12
2604 Little John Ln
Sherwood Oaks Sec 03
$2,349,000 $734 4 bd / 4 ba 3,200 sqft , 2026-08-21
2316 Euclid Ave
La Prelle Place Resub
$2,100,000 $788 5 bd / 5 ba 2,664 sqft , 2026-07-15
1800 Brackenridge St
Swisher Add
$2,500,000 $785 3 bd / 5 ba 3,184 sqft , 2026-09-10
212 Fletcher St
La Prelle Place Resub
$2,075,000 $806 3 bd / 5 ba 2,573 sqft , 2026-04-22

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
$11,016/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
$459,000
20% conventional investment loan

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

Estimated Gross Rent+$11,016
Principal + Interest−$12,525
Property Tax (~2.1% TX avg)−$4,016
Insurance (~0.5%)−$956
Est. Monthly Cash Flow $-6,481

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 22, 2026.

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