Active Listing  ·  76 days on market

2511 Bridle Path

Austin, TX 78703
$3,200,000
5 Bed 4 Bath 2,486 sqft $1,287/sqft Built 1948 0.53 acres Pool Westfield A

Set on over half an acre in Tarrytown, this property offers a rare opportunity to build a custom residence in one of Central Austin’s most established neighborhoods. The generous lot size provides space and flexibility that is increasingly difficult to find in the area, with mature trees and a setting that allows for both privacy and thoughtful architectural design. With ample room to create expansive indoor and outdoor living spaces, the property presents an ideal canvas for bringing a new vision to life. Whether imagining a refined modern residence or a timeless estate, the scale of the lot allows for a home that takes full advantage of its surroundings. Positioned just moments from Lake Austin, neighborhood parks, and the restaurants and shops that define the Tarrytown lifestyle, the location offers both convenience and enduring appeal.

At $1,287/sqft, this home is priced 229% above the Austin active market average of $391/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

2511 Bridle Path, Austin, TX 78703

Property Details

Price $3,200,000
Status Active Listing
Beds 5
Full Baths 4
Half Baths ,
Living Area 2,486 sqft
Lot Size 0.53 acres (22,977.9 sqft)
Year Built 1948
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Westfield A
County Travis
Zip Code 78703
$/sqft $1,287/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $56,176.59
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT229700579
List Date May 20, 2026
Elementary School Casis
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
3015 Washington Sq
Washington Square
$3,399,000 $1,080 4 bd / 6 ba 3,148 sqft , 2026-02-27
1102 Charlotte St
Silitt Add
$3,399,950 $1,100 4 bd / 4 ba 3,090 sqft , 2026-07-23
1803 Palma Plz
Enfield H
$2,995,000 $1,045 4 bd / 4 ba 2,866 sqft , 2026-06-01
1117 Reagan Ter
Travis Heights
$2,950,000 $881 4 bd / 4 ba 3,350 sqft , 2026-06-16
6705 Elfland Dr
Rivercrest Add Sec 02
$3,495,000 $1,109 4 bd / 5 ba 3,151 sqft , 2026-05-06

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
$15,360/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
$640,000
20% conventional investment loan

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

Estimated Gross Rent+$15,360
Principal + Interest−$17,464
Property Tax (~2.1% TX avg)−$5,600
Insurance (~0.5%)−$1,333
Est. Monthly Cash Flow $-9,037

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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