Active Listing  ·  119 days on market

2518 Watkins Way

Austin, TX 78746
$1,389,000
3 Bed 4 Bath 2,834 sqft $490/sqft Built 2018 0.10 acres 2-Car Garage Pool Walsh 360

We have one of the best loan options so just ask! Modern sophistication converges with timeless design at 2518 Watkins Way, a standout residence in the sought-after community of The Walsh. This unique two-story home was meticulously reimagined in 2023 with over $100k in upgrades, including an $18k luxury appliance package. The expansive main floor bathes in natural light, featuring a custom Venetian plaster gas fireplace, open living and dining spaces, and a chef-inspired kitchen. With a quartzite waterfall island, Bosch appliances, and a built-in Thermador refrigerator, the kitchen is both a culinary and aesthetic masterpiece. Step into a lifestyle of ease and elegance, with a primary suite that offers sunset views, a custom-painted ceiling, Waterworks fixtures, and a lavish walk-in shower with a freestanding soaking tub. The fully customized closet amplifies the suite’s allure. The upper level provides two additional bedrooms, a secondary living area, a utility room with built-in LG washer/dryer, and a versatile bonus room, ensuring flexibility for family living or entertaining. Outdoors, a private covered patio serves as an ideal setting for morning coffee or evening relaxation. The home prioritizes convenience and smart living with features such as custom built-ins, upgraded lighting, automatic blinds, and a hardwired security system. Situated just 10 minutes from downtown Austin and within the top-rated Eanes ISD, this property delivers a rare blend of privacy and accessibility. Experience a residence where every detail is crafted for low-maintenance, high-impact living. All values are approximate and to be verified. All values are approximate and must be confirmed by buyer.

At $490/sqft, this home is priced 25% 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

2518 Watkins Way, Austin, TX 78746

Property Details

Price $1,389,000
Status Active Listing
Beds 3
Full Baths 3
Half Baths 1
Living Area 2,834 sqft
Lot Size 0.10 acres (4,286.3 sqft)
Year Built 2018
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Walsh 360
County Travis
Zip Code 78746
$/sqft $490/sqft
Days on Market ,
HOA $500/Monthly
Annual Tax Est. $28,677.75
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT225231459
List Date April 7, 2026
Elementary School Cedar Creek (Eanes ISD)
Middle School Hill Country
High School Westlake
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.

Schedule a Call →

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
5805 Tom Wooten Dr
Courtyard Ph 02
$1,390,000 $444 3 bd / 3 ba 3,133 sqft , 2026-05-20
1303 Azie Morton Rd #2
Zilker Terrace Condo
$1,385,000 $670 4 bd / 3 ba 2,068 sqft , 2026-04-20
2603 Sol Wilson Ave
Homewood Heights
$1,385,000 $561 4 bd / 4 ba 2,468 sqft , 2026-04-21
1619 Elmhurst Dr
Elmhurst Heights Sec 03
$1,395,000 $589 4 bd / 4 ba 2,367 sqft , 2025-09-29
5200 Avenue H None
Highlands
$1,395,000 $554 4 bd / 4 ba 2,516 sqft , 2025-04-18

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
$6,667/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
$277,800
20% conventional investment loan

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

Estimated Gross Rent+$6,667
Principal + Interest−$7,580
Property Tax (~2.1% TX avg)−$2,431
Insurance (~0.5%)−$579
Est. Monthly Cash Flow $-3,923

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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