Active Listing  ·  57 days on market

2506 E 2nd St #2

Austin, TX 78702
$1,250,000
4 Bed 5 Bath 2,202 sqft $568/sqft Built 2026 0.17 acres 1-Car Garage Pool New Construction Highway Add

Privately tucked at the rear of the lot in one of East Austin's most walkable neighborhoods, this thoughtfully designed new residence with a luxurious plunge pool and desirable main-level guest suite offers a rare combination of privacy, craftsmanship, and refined contemporary living. Built by an established East Austin team with more than a decade of creating exceptional homes and thoughtfully curated with design direction by MakingModernHome, the residence is backed by a 1-2-10 builder warranty. Every sunlit space reflects intentional planning, timeless materials and a sense of quiet luxury rarely found in new construction.

The expansive great room opens seamlessly to a beautiful marble-clad plunge pool, creating a natural extension of the living space and an effortless indoor-outdoor lifestyle. Warm wood tones, custom millwork, upgraded moldings, and artisan finishes establish a sophisticated yet inviting atmosphere. The kitchen showcases leathered Michelangelo marble, Taj Mahal quartz, handcrafted zellige tile, and honed natural stone surfaces rarely found at this price point. A custom stair railing serves as a sculptural centerpiece, while thoughtfully curated materials create depth, warmth, and lasting appeal.

The flexible floorplan on just 2 levels includes a desirable main-level guest suite with a private bath, while vaulted ceilings throughout all bedrooms enhance the sense of volume and light. Upstairs, the primary suite offers a true retreat, highlighted by a spa-inspired bath featuring a floating soaking tub, premium stone selections, and sophisticated detailing. A spacious laundry room with built-ins and additional storage off the garage add everyday practicality to the home's thoughtful design.

Just moments from the restaurants, coffee shops, nightlife, and culture of Holly, East Cesar Chavez, and Downtown Austin, the home lives like a private retreat while remaining connected to one of the city's most vibrant and sought-after neighborhoods.

At $568/sqft, this home is priced 45% 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

2506 E 2nd St #2, Austin, TX 78702

Property Details

Price $1,250,000
Status Active Listing
Beds 4
Full Baths 4
Half Baths 1
Living Area 2,202 sqft
Lot Size 0.17 acres (7,348.57 sqft)
Year Built 2026
Garage 1 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Highway Add
County Travis
Zip Code 78702
$/sqft $568/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $11,990.48
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT241093070
List Date July 27, 2026
Elementary School Govalle
Middle School Kealing
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 · July 27, 2026 $1,300,000
Current ask $1,250,000
Reduced $50,000 (-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
2110 E 9th St
Grandview Place
$1,250,000 $560 4 bd / 4 ba 2,232 sqft , 2026-09-16
111 Adam L Chapa Sr St
Fair Grounds Add
$1,299,000 $605 4 bd / 3 ba 2,146 sqft , 2026-03-06
1508 Holly None #1
Welch
$1,299,000 $517 5 bd / 3 ba 2,512 sqft , 2026-05-18
3309 Goodwin Ave #A
Division A
$1,200,000 $643 3 bd / 3 ba 1,865 sqft , 2026-03-13
3309 Goodwin Ave #B
Division A
$1,200,000 $643 3 bd / 3 ba 1,865 sqft , 2026-03-13

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
$6,000/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
$250,000
20% conventional investment loan

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

Estimated Gross Rent+$6,000
Principal + Interest−$6,822
Property Tax (~2.1% TX avg)−$2,188
Insurance (~0.5%)−$521
Est. Monthly Cash Flow $-3,531

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 22, 2026.

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