Active Listing  ·  46 days on market

2611 East Side Dr

Austin, TX 78704
$1,000,000
4 Bed 3 Bath 1,993 sqft $502/sqft Built 1960 0.20 acres 1-Car Garage Pool Sherwood Oaks Sec 03

This captivating home has an abundance of natural light adding to the home’s bright, airy feel. The open living space is warm and inviting, offering the perfect setting for gathering with family and friends. Home features the highly desirable 4 bedrooms, 3 bath, including 2 ensuite configurations. Previous owner reported the home had been taken down to the studs, remodel included updated plumbing, roof, HVAC, and electrical, please confirm with your inspection.

Expansive sliding glass doors seamlessly connect the indoors to the outdoors, filling the home with views of the spacious backyard. At the heart of the outdoor living space, a beautiful crepe myrtle provides shade, privacy, and a sense of serenity—creating an ideal setting for morning coffee, al fresco dining, or relaxing evenings under the trees.

The spacious primary suite offers a peaceful retreat, complete with a spa-like bathroom rarely found at this price point. Skylights and oversized glass doors flood the space with natural light, enhancing its tranquil atmosphere.

Located in Austin’s highly sought-after 78704 zip code, this home offers the perfect blend of urban convenience and neighborhood charm. Just minutes from South Congress, South First, and Downtown Austin, you’ll enjoy easy access to some of the city’s best restaurants, coffee shops, boutiques, live music venues, and cultural attractions. A short walk or bike to the new H-E-B, bike to the Ann and Roy Butler Hike-and-Bike Trail around Lady Bird Lake, or explore the nearby trails and natural beauty of Blunn Creek Greenbelt. Stroll through St. Edward’s University for sweeping downtown views, then return home to the tranquility of your own private retreat.

Known for its mature trees, eclectic character, strong sense of community, and unbeatable location, 78704 remains one of Austin’s most desirable neighborhoods—offering a lifestyle that combines outdoor recreation, local culture, and easy access to everything the city has to offer.

At $502/sqft, this home is priced 28% 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

2611 East Side Dr, Austin, TX 78704

Property Details

Price $1,000,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 1,993 sqft
Lot Size 0.20 acres (8,677.15 sqft)
Year Built 1960
Garage 1 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Sherwood Oaks Sec 03
County Travis
Zip Code 78704
$/sqft $502/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $16,040.21
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT236100977
List Date June 19, 2026
Elementary School Travis Hts
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.

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
2003 Wilson St #3
J Bouldin Residences
$1,000,000 $459 3 bd / 4 ba 2,178 sqft , 2026-04-02
6205 Caddie St #1 & 2
Addie Condo
$1,000,000 $401 5 bd / 4 ba 2,494 sqft , 2026-05-01
1701 Stanley Ave
Manchaca Estates
$1,000,000 $611 4 bd / 2 ba 1,638 sqft , 2026-05-15
1007 E 15th St #3
1007 East 15th Condominiums
$1,000,000 $506 3 bd / 4 ba 1,977 sqft , 2026-07-16
14456 Agarita Rd
ABS 2345 SUR 530 MOORE W P ACR .594
$999,999 $446 3 bd / 2 ba 2,242 sqft , 2025-10-28

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
$4,800/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
$200,000
20% conventional investment loan

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

Estimated Gross Rent+$4,800
Principal + Interest−$5,457
Property Tax (~2.1% TX avg)−$1,750
Insurance (~0.5%)−$417
Est. Monthly Cash Flow $-2,824

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

More Luxury Homes in Austin

Loading…
View All Luxury Homes →