Active Listing  ·  26 days on market

2406 Santa Maria St

Austin, TX 78702
$770,000
3 Bed 2 Bath 1,394 sqft $552/sqft Built 1935 0.08 acres Pool Industrial Add

Charming East Austin cottage, completely remodeled and just minutes from downtown! This stone gem blends classic Hill Country character with sleek modern updates throughout. Step through the arched stone entry into a bright, thoughtfully renovated interior. Enjoy low-maintenance living with no grass or trees to upkeep — just easy, lock-and-leave convenience. A standout bonus: a private office off the side deck, equipped with a mini-split for year-round comfort — perfect for remote work or a creative studio. Covered carport parking and a fully fenced yard round out the package. Walk to some of the city's best restaurants, bars, and entertainment — this is Eastside living at its finest, all within minutes of downtown Austin.

At $552/sqft, this home is priced 41% 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

2406 Santa Maria St, Austin, TX 78702

Property Details

Price $770,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,394 sqft
Lot Size 0.08 acres (3,375.9 sqft)
Year Built 1935
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Industrial Add
County Travis
Zip Code 78702
$/sqft $552/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $9,450.85
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT244134953
List Date August 27, 2026
Elementary School Zavala
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 · August 27, 2026 $800,000
Current ask $770,000
Reduced $30,000 (-3.8%) 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
3103 Garwood St #3
Brass G M
$789,000 $459 3 bd / 3 ba 1,720 sqft , 2026-06-04
3007 E 4th St
Tillery Square
$750,000 $630 3 bd / 2 ba 1,191 sqft , 2026-08-28
1905 Pennsylvania Ave #A & B
Pennsylvania Avenue Condominiums
$790,000 $492 3 bd / 3 ba 1,607 sqft , 2026-05-28
601 Vermont Rd #1
Pipkin Add 02
$744,900 $462 3 bd / 3 ba 1,614 sqft , 2026-04-09
619 Tillery St #A
Holton Tillery Acres
$799,500 $446 3 bd / 3 ba 1,792 sqft , 2026-08-21

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
$3,696/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
$154,000
20% conventional investment loan

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

Estimated Gross Rent+$3,696
Principal + Interest−$4,202
Property Tax (~2.1% TX avg)−$1,348
Insurance (~0.5%)−$321
Est. Monthly Cash Flow $-2,175

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 16, 2026.

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