Active Listing  ·  14 days on market

2604 Oaklawn Ave #2

Austin, TX 78722
$649,000
2 Bed 2 Bath 1,112 sqft $584/sqft Built 2022 0.17 acres Pool Chestnut

This home is special! Close to everything urban and walk-ability off the charts! A soaring wall of glass that brings the outside world, including a giant pecan tree, inside the home in the most beautiful way! A VERY UNIQUE design! Private access via alley to its private front yard that leads to this hidden home.. There is a fantastic primary suite upstairs with a large second story deck that you enter from the loft. Neutral but fun selections make this home playful but easy to decorate. Large living space and open kitchen is ideal for entertaining. One bed-suite up and one bed-suite down creates the perfect roommate living situation both with private patios for indoor/outdoor living. Ideally located in a beautiful neighborhood surrounded by unique and modern homes. Close to Manor road and all of the fun it has to offer. .Everything within a bike ride or short walk from the front door step. No HOA fees or shared land.

At $584/sqft, this home is priced 49% 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

2604 Oaklawn Ave #2, Austin, TX 78722

Property Details

Price $649,000
Status Active Listing
Beds 2
Full Baths 2
Half Baths ,
Living Area 1,112 sqft
Lot Size 0.17 acres (7,501.03 sqft)
Year Built 2022
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Chestnut
County Travis
Zip Code 78722
$/sqft $584/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT248796451
List Date October 10, 2026
Elementary School Campbell
Middle School Kealing
High School McCallum
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 · October 10, 2026 $675,000
Current ask $649,000
▼ Reduced $26,000 (-3.9%) 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
3503 Robinson Ave
University Park
$650,000 $804 2 bd / 2 ba 808 sqft , 2026-09-25
1704 E 13th St #B
1704 E 13th Street Site Condos
$639,750 $428 3 bd / 2 ba 1,495 sqft , 2026-06-12
2016 Simond Ave #A
Mueller House Condo Ame
$630,000 $487 2 bd / 2 ba 1,294 sqft , 2026-10-03
2702 E 22nd St
Austin Heights
$625,000 $474 2 bd / 1 ba 1,318 sqft , 2026-08-28
3820 Hermalinda St
Mueller Sec 05
$675,000 $539 3 bd / 2 ba 1,252 sqft , 2026-09-12

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
$3,115/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
$129,800
20% conventional investment loan

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

Estimated Gross Rent+$3,115
Principal + Interest−$3,542
Property Tax (~2.1% TX avg)−$1,136
Insurance (~0.5%)−$270
Est. Monthly Cash Flow $-1,833

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 October 22, 2026.

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