Active Listing  ·  13 days on market

2701 Friar Tuck Ln

Austin, TX 78704
$1,095,000
4 Bed 3 Bath 2,238 sqft $489/sqft Built 1963 0.15 acres 1-Car Garage Pool Sherwood Oaks Sec 04

FULLY RENOVATED l Stylish & Versatile Home in the Heart of 78704 | Walk to SoCo & St. Edward’s! Located in a quiet, highly desirable neighborhood just minutes from downtown Austin, this beautifully reimagined 4-bedroom, 3-bath home offers a rare combination of modern luxury, everyday comfort, and investment versatility. Inside, the thoughtfully designed floor plan features engineered white oak flooring, designer lighting, recessed lighting, custom floating white oak shelving in the kitchen, and spa-inspired bathrooms with upscale tile, fixtures, dual vanities, and walk-in showers. The open-concept living area flows seamlessly into a chef-worthy kitchen featuring GE Profile stainless steel appliances, quartz countertops, soft-close cabinetry, large pantry, commercial-grade stainless steel sink, and breakfast bar. The spacious primary suite opens directly to a serene, landscaped backyard with mature trees, covered patio, and privacy fencing—perfect for morning coffee or alfresco evenings. Two secondary bedrooms are thoughtfully separated by a second living area, offering flexibility for a media room, playroom, home office, or additional gathering space. Upstairs, a large private loft/guest suite with separate exterior entrance, full bath, and living space provides exceptional flexibility for guests, extended stays, a creative studio, home office, or potential rental income. Additional features include updated windows, walk-in closets, fully fenced yard, driveway parking, and multiple indoor and outdoor living spaces. NO HOA provides freedom to live, lease, or invest. Turnkey-ready, with the option to purchase the designer furnishings, and outdoor items separately. Whether you're looking for a stylish primary residence, guest accommodations, short-term rental, or long-term investment, this exceptional 78704 property offers possibilities rarely found in this location.

At $489/sqft, this home is priced 24% above the Austin active market average of $393/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

2701 Friar Tuck Ln, Austin, TX 78704

Property Details

Price $1,095,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,238 sqft
Lot Size 0.15 acres (6,534 sqft)
Year Built 1963
Garage 1 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Sherwood Oaks Sec 04
County Travis
Zip Code 78704
$/sqft $489/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT242716028
List Date September 9, 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.

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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
1325 Bonham Ter #A
Travis Heights
$1,099,000 $546 3 bd / 3 ba 2,012 sqft , 2026-03-10
2301 S 5th St #5
South 05 Amd
$1,090,000 $529 3 bd / 4 ba 2,060 sqft , 2026-06-22
2611 Oak Crest Ave #A
Oak Ridge Heights Sec 01
$1,110,000 $581 3 bd / 3 ba 1,910 sqft , 2026-04-17
2308 S 2nd St #2
Loma Linda
$1,075,000 $552 3 bd / 3 ba 1,946 sqft , 2026-05-19
2611 Oak Crest Ave #B
Oak Ridge Heights Sec 01
$1,060,000 $614 3 bd / 3 ba 1,727 sqft , 2026-04-17

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
$5,256/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
$219,000
20% conventional investment loan

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

Estimated Gross Rent+$5,256
Principal + Interest−$5,976
Property Tax (~2.1% TX avg)−$1,916
Insurance (~0.5%)−$456
Est. Monthly Cash Flow $-3,092

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 13, 2026.

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