Active Listing  ·  110 days on market

2506 Audubon Pl

Austin, TX 78741
$749,000
4 Bed 2 Bath 2,151 sqft $348/sqft Built 1971 0.21 acres Pool Greenbriar Sec 01

Location, location, location! Ideally situated in the heart of Central Austin with easy access to Downtown, South Congress, St. Edward's University, The University of Texas, Austin-Bergstrom International Airport, major highways, shopping, dining, entertainment, and nearby hike-and-bike trails. This gated duplex offers privacy, security, and flexibility for both owner-occupants and investors. Both units have been extensively renovated and meticulously maintained, featuring major system and cosmetic updates completed in 2021, including the roof, HVAC systems, water heaters, plumbing, electrical wiring and panels, double-pane windows, cabinetry, countertops, flooring, fixtures, and upgraded stainless steel appliances. Modern enhancements include Google Fiber, Cat 6 Ethernet throughout both units, smart locks, security cameras, added attic insulation, automated irrigation, an 8-foot privacy fence with automated gate access and an expanded driveway. The property features 4 bedrooms and 2 full bathrooms, with Unit A offering 2 bedrooms and 1 bathroom and Unit B offering 2 bedrooms and 1 bathroom. Whether you're looking to live in one unit and generate rental income from the other, accommodate multigenerational living, create a home office, or utilize one side as an ADU, this property offers a variety of income-producing and lifestyle opportunities. Situated on a generously sized lot, the outdoor space is designed for relaxation and entertaining. Enjoy mature and refreshed landscaping, low-maintenance astroturf, a cowboy pool, spacious yard, outdoor deck, and ambient string lighting. Covered carport parking adds convenience. A rare opportunity to own a fully renovated duplex in one of Austin's most desirable neighborhoods, offering strong investment potential and unmatched flexibility. Priced well below recent acquisition cost, this property represents exceptional value for a fully renovated duplex in the heart of Austin.

At $348/sqft, this home is 11% 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

2506 Audubon Pl, Austin, TX 78741

Property Details

Price $749,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths ,
Living Area 2,151 sqft
Lot Size 0.21 acres (9,104.04 sqft)
Year Built 1971
Garage ,
Stories ,
Type Residential · See Remarks
Subdivision Greenbriar Sec 01
County Travis
Zip Code 78741
$/sqft $348/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $10,320.61
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT237534746
List Date July 5, 2026
Elementary School Linder
Middle School Lively
High School Travis
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 · July 5, 2026 $825,000
Previous ask $799,000
Current ask $749,000
▼ Reduced $76,000 (-9.2%) 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
2207 Euclid Ave
La Prelle Place
$750,000 $500 3 bd / 2 ba 1,500 sqft , 2026-09-20
1500 Summit St #5
1500 Summit Amd
$775,000 $311 3 bd / 4 ba 2,488 sqft , 2026-08-10
2118 Brackenridge St #5
South River Cityhomes Condominiums
$799,000 $479 3 bd / 3 ba 1,667 sqft , 2026-10-01
1301 Town Creek Dr #2
South Shore Pointe
$819,000 $324 3 bd / 4 ba 2,528 sqft , 2025-10-09
2611 East Side Dr
Sherwood Oaks Sec 03
$899,000 $451 4 bd / 3 ba 1,993 sqft , 2026-06-19

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
$3,595/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
$149,800
20% conventional investment loan

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

Estimated Gross Rent+$3,595
Principal + Interest−$4,088
Property Tax (~2.1% TX avg)−$1,311
Insurance (~0.5%)−$312
Est. Monthly Cash Flow $-2,116

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 21, 2026.

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