Active Listing  ·  100 days on market

2404 Spanish Camp Cv

Austin, TX 78725
$470,000
3 Bed 2 Bath 1,513 sqft $311/sqft Built 2015 0.14 acres 2-Car Garage Pool Knollwood On The Colorado River

Make Knollwood your home—a hidden gem in East Austin nestled along the banks of the Colorado River. This unique community offers a blend of nature and convenience, a 12-acre HOA riverfront park with trails, picnic area, and a launch point for kayaking or canoeing. Located on a cul-de-sac this move-in ready single story home features an open-concept layout, the living room open to the spacious eat-in kitchen, with stainless steel appliances, granite countertops, and a center island—perfect for everyday living and entertaining. The private primary suite is separated from the secondary bedrooms, offering a retreat within the home. It features an en-suite bath with a garden tub, separate shower, double vanity, and a spacious walk-in closet. Secondary bedrooms are well-sized with access to a full bathroom. Enjoy the covered front porch and a private back patio, ideal for relaxing or hosting. No carpet, blinds throughout, Interior Paint (2026), A/C (2025), Roof (2022).

You'll find this community ideally located just minutes from East Austin, Downtown Austin and ABIA. Knollwood provides easy access to everything the city has to offer. Plus outdoor enthusiasts will appreciate the nearby Walnut Creek hike and bike trail, with easy access to East Austin. Walk to Houndstooth coffee located at the Laurel. Future City of Austin Park at Bolm Road and Hwy 183, Bolm District Park.

At $311/sqft, this home is 20% below the Austin active market average of $391/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

2404 Spanish Camp Cv, Austin, TX 78725

Property Details

Price $470,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,513 sqft
Lot Size 0.14 acres (5,893.67 sqft)
Year Built 2015
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Knollwood On The Colorado River
County Travis
Zip Code 78725
$/sqft $311/sqft
Days on Market ,
HOA $275/Annually
Annual Tax Est. $9,986.36
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT226509666
List Date May 15, 2026
Elementary School Govalle
Middle School Martin
High School Eastside Early College
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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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 · May 15, 2026 $520,000
Previous ask $495,000
Current ask $470,000
Reduced $50,000 (-9.6%) 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
2417 Spanish Camp Cv
Knollwood On The Colorado
$485,000 $289 3 bd / 3 ba 1,679 sqft , 2026-04-09
2705 Kingsland Way
Knollwood On The Colorado Rive
$450,000 $321 3 bd / 2 ba 1,403 sqft , 2026-05-20
5305 Ledesma Rd #4
CASA AVILA
$490,000 $445 2 bd / 3 ba 1,100 sqft , 2026-06-23
5912 Harold Ct #106
Vistas/Harold Condos
$492,450 $335 2 bd / 3 ba 1,470 sqft , 2026-06-05
6409 Alleyton Dr
Knollwood on the Colorado
$499,000 $295 3 bd / 2 ba 1,694 sqft , 2026-02-28

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
$2,256/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
$94,000
20% conventional investment loan

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

Estimated Gross Rent+$2,256
Principal + Interest−$2,565
Property Tax (~2.1% TX avg)−$823
Insurance (~0.5%)−$196
Est. Monthly Cash Flow $-1,328

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 August 9, 2026.

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