Active Listing  ·  136 days on market

2417 Spanish Camp Cv

Austin, TX 78725
$485,000
3 Bed 3 Bath 1,679 sqft $289/sqft Built 2015 0.18 acres 2-Car Garage Pool Knollwood On The Colorado

Welcome to Knollwood on the Colorado, one of East Austin’s most desirable riverfront communities. Located just minutes from Downtown Austin and ABIA, this well-maintained home offers the perfect blend of nature, convenience, and modern living.

The popular floorplan features a first-floor primary suite, wood flooring, granite countertops, and an open-concept living space ideal for everyday living and entertaining. All appliances convey.

Step outside to a private backyard retreat featuring an 8-foot privacy fence, partial greenbelt view, and a dedicated gravel fire pit area—perfect for relaxing evenings or gathering with friends and family.

Residents enjoy access to Knollwood’s private Colorado River park with trails, picnic areas, and kayak/canoe launch access, along with nearby Walnut Creek hike and bike trails leading north and into downtown. Experience the best of Austin living in a community where nature and city convenience come together.

At $289/sqft, this home is 26% 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

2417 Spanish Camp Cv, Austin, TX 78725

Property Details

Price $485,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,679 sqft
Lot Size 0.18 acres (7,701.41 sqft)
Year Built 2015
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Knollwood On The Colorado
County Travis
Zip Code 78725
$/sqft $289/sqft
Days on Market ,
HOA $200/Annually
Annual Tax Est. $10,081.05
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT225619416
List Date April 9, 2026
Elementary School Ortega
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 · April 9, 2026 $559,000
Previous ask $490,000
Current ask $485,000
Reduced $74,000 (-13.2%) 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
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
1130 Spur St #A
Pecan Valley
$499,000 $298 3 bd / 3 ba 1,675 sqft , 2026-02-12
2404 Spanish Camp Cv
Knollwood On The Colorado River
$470,000 $311 3 bd / 2 ba 1,513 sqft , 2026-05-15

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
$2,328/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
$97,000
20% conventional investment loan

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

Estimated Gross Rent+$2,328
Principal + Interest−$2,647
Property Tax (~2.1% TX avg)−$849
Insurance (~0.5%)−$202
Est. Monthly Cash Flow $-1,370

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 16, 2026.

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