Active Listing  ·  75 days on market

2505 Bluebonnet Ave #12

Austin, TX 78704
$899,900
3 Bed 3 Bath 1,959 sqft $459/sqft Built 2026 0.06 acres 2-Car Garage Pool New Construction Del Curto

PRIME LOCATION! 3 STORY BRAND NEW MODERN TOWNHOME IN THE HEART OF VIBRANT SOUTH LAMAR! Private unit backing to mature trees. A hidden gem, tucked away in a small boutique 18 unit gated community on Bluebonnet Ln. Enjoy the walkability of this convenient location – cool cafes, restaurants, bars, parks, theaters, green spaces & artistic experiences are mins from your doorstep. Less than 2 miles to Downtown, Lady Bird Lake, Zilker Park & easy access to Hwy 290, 360, and Mopac. Walk to Matts El Rancho, Loro, Amys Ice Cream, etc. Spacious 3 bed, 3 bath townhome w/an open concept floor plan that lives like a single- family home. Experience indoor-outdoor living w/ 10 ft stackable sliding doors leading to a spacious deck & backing to mature trees. High-end interior finishes - hardwood floors throughout, 12 ft ceilings, 8 ft doors, 2 car garage w/ample storage, 1 additional assigned parking spot. Kitchen is equipped w/a breakfast bar, quartz countertops, BOSCH appliances, upgraded soft-close cabinetry. Bright owners retreat is upstairs on its own floor w/an ensuite bath with a large walk-in shower, elegant free standing tub, double vanity w/ seating, 2 walk in closets. Laundry on the same floor as primary suite for convenience. Secondary bedroom is on the main floor and has an ensuite bathroom, can be used as an office or guest room. This unique home features a private guest suite on the ground floor w/a separate entrance & gated yard, kitchenette, full bath & large closet. Some great uses for this private suite can be for guests, home office, gym, yoga studio, roommate, college student, live-in parent, or just to have a private space to get away! Friendly community has a dog park for your furry best friend, plus as a bonus – a peek of the DT skyline from the top floor. HOA covers exterior maintenance, exterior insurance & landscaping of the yard and grounds. Warranty included. Intown Homes is a trusted builder that has been building unique communities in Texas since 1980.

At $459/sqft, this home is priced 17% above the Austin active market average of $393/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

2505 Bluebonnet Ave #12, Austin, TX 78704

Property Details

Price $899,900
Status Active Listing
Beds 3
Full Baths 3
Half Baths ,
Living Area 1,959 sqft
Lot Size 0.06 acres (2,504.7 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Townhouse
Subdivision Del Curto
County Travis
Zip Code 78704
$/sqft $459/sqft
Days on Market ,
HOA $300/Monthly
Annual Tax Est. $12,885.59
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT239192505
List Date July 9, 2026
Elementary School Zilker
Middle School O Henry
High School Austin
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
1208 W Oltorf St #B
Southwood
$899,000 $472 3 bd / 4 ba 1,904 sqft , 2026-01-20
1208 W Oltorf St #A
Southwood
$899,000 $472 3 bd / 4 ba 1,904 sqft , 2026-01-31
2323 S Lamar Blvd #206
Precision Add
$899,000 $686 2 bd / 2 ba 1,310 sqft , 2026-08-27
3001 Del Curto Rd #35
Canopy Condo
$898,000 $415 4 bd / 3 ba 2,163 sqft , 2026-04-15
2006 De Verne St
Rabb Inwood Hills
$890,000 $533 3 bd / 2 ba 1,669 sqft , 2023-10-13

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
$4,320/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
$179,980
20% conventional investment loan

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

Estimated Gross Rent+$4,320
Principal + Interest−$4,911
Property Tax (~2.1% TX avg)−$1,575
Insurance (~0.5%)−$375
Est. Monthly Cash Flow $-2,541

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 19, 2026.

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