Active Listing  ·  113 days on market

2401 De Soto Dr

Austin, TX 78733
$710,000
4 Bed 3 Bath 1,806 sqft $393/sqft Built 2010 0.24 acres Pool Austin Lake Estates Sec 02

Welcome to this unique and versatile property located at 2401 De Soto Drive in Austin, TX. Updated in 2023, the home has three bedrooms and three bathrooms across two distinct dwellings, providing flexibility for multigenerational living, guests, or work-from-home needs.The two-story residence features an open-concept living area designed for comfortable everyday living and entertaining. The kitchen is equipped with modern countertops and appliances, creating a functional and inviting space. The second dwelling provides additional privacy and versatility, ideal as a guest suite or secondary living area.Step outside to a spacious backyard, well-suited for outdoor activities, relaxation, or future customization. Situated in a serene and established neighborhood, the property has convenient access to local amenities, nearby parks, and the lake, while still being within reach of Austin’s dining and entertainment options. The property is in the acclaimed Eanes ISD and has lake access.This home presents a rare opportunity to enjoy updated living with flexible space in a sought-after location.

At $393/sqft, this home is priced in line with the Austin market average of $391/sqft across 4,642 active listings. View Austin market report →

Location

2401 De Soto Dr, Austin, TX 78733

Property Details

Price $710,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 1,806 sqft
Lot Size 0.24 acres (10,280.16 sqft)
Year Built 2010
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Austin Lake Estates Sec 02
County Travis
Zip Code 78733
$/sqft $393/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $10,882.81
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT225391482
List Date April 13, 2026
Elementary School Valley View
Middle School West Ridge
High School Westlake
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
3203 Foster Ln
Allandale Park Sec 09
$710,000 $435 4 bd / 2 ba 1,634 sqft , 2026-04-03
4412 Tilley St #E
Mueller
$710,000 $385 3 bd / 3 ba 1,844 sqft , 2026-05-14
12410 Blossomwood Dr
Milwood Sec 07
$710,000 $301 4 bd / 3 ba 2,359 sqft , 2026-05-29
219 Honey Creek Ct #10
Honey Creek
$709,000 $390 3 bd / 3 ba 1,818 sqft , 2026-04-20
712 E 44th St #A
Caswell Place Condo
$714,900 $348 4 bd / 3 ba 2,052 sqft , 2026-06-02

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
$3,408/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
$142,000
20% conventional investment loan

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

Estimated Gross Rent+$3,408
Principal + Interest−$3,875
Property Tax (~2.1% TX avg)−$1,243
Insurance (~0.5%)−$296
Est. Monthly Cash Flow $-2,006

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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