Active Listing  ·  10 days on market

2701 Thrushwood Dr

Austin, TX 78757
$849,000
3 Bed 2 Bath 1,756 sqft $483/sqft Built 1967 0.22 acres 2-Car Garage Pool Northwest Terrace Sec 01

Completely reimagined in North Shoal Creek, this stunning single-story residence delivers an exceptional level of craftsmanship, architectural character, and designer finishes throughout. Taken down to the sheetrock and thoughtfully rebuilt, every surface of this 1,750+ square-foot home has been considered, creating a beautifully cohesive living experience in one of North Austin's most established and convenient neighborhoods.

Tall ceilings, wide-plank oak hardwood flooring, striking wood beams, and graceful architectural archways establish a warm, sophisticated aesthetic. The living room anchored by a gas-burning fireplace flows into a new kitchen featuring custom cabinetry, stone countertops, a stylish tile backsplash, and a generous pantry. A dedicated dining room bathed in natural light, along with a separate breakfast area, offers ideal flexibility.

The reimagined floor plan includes 3 bedrooms, 2 beautifully remodeled bathrooms, and a dedicated home office with a glass sliding door and abundant natural light. Privately positioned, the primary bedroom features a new en suite bath with raised vanities and an oversized, fully tiled walk-in shower. The secondary bathroom boasts rich, color-drenched walls and elegant marble tile.

Outside, fresh landscaping complements an oversized homesite of nearly a quarter acre, where mature trees frame an expansive backyard with ample room to envision a future pool, outdoor entertaining areas, or additional garden space. An attached two-car garage adds everyday convenience.

Located in sought-after North Shoal Creek, the property enjoys easy access to The Domain, neighborhood parks, dining, shopping, and major Austin thoroughfares.

A beautifully executed renovation where architectural details, quality materials, and thoughtful design come together in a home that feels entirely new while retaining the warmth and character of its surroundings.

At $483/sqft, this home is priced 24% above the Austin active market average of $390/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

2701 Thrushwood Dr, Austin, TX 78757

Property Details

Price $849,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,756 sqft
Lot Size 0.22 acres (9,604.98 sqft)
Year Built 1967
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Northwest Terrace Sec 01
County Travis
Zip Code 78757
$/sqft $483/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $11,240.89
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT250242590
List Date November 2, 2026
Elementary School Pillow
Middle School Burnet (Austin ISD)
High School Anderson
School District Austin ISD

Austin ISD

Pillow · Burnet (Austin ISD) · Anderson

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
8315 Hathaway Dr #A
Wooten
$799,000 $376 4 bd / 3 ba 2,124 sqft , 2026-07-08
8305 Briarwood Ln
Northtowne Sec 01
$760,000 $375 4 bd / 3 ba 2,028 sqft , 2026-03-13
3204 Benbrook Dr
Allandale Estates Sec 04
$739,000 $438 4 bd / 2 ba 1,686 sqft , 2026-10-01
8605 Primrose Ln
Northwest Terrace Sec 01
$699,000 $373 4 bd / 2 ba 1,874 sqft , 2026-09-24
8503 Stillwood Ln
North Shoal Creek
$619,900 $381 3 bd / 2 ba 1,627 sqft , 2026-10-23

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
$4,075/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
$169,800
20% conventional investment loan

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

Estimated Gross Rent+$4,075
Principal + Interest−$4,633
Property Tax (assumed ~2.1%)−$1,486
Insurance (assumed ~0.5%)−$354
Est. Monthly Cash Flow $-2,398

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 · 41 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. The written content was last updated on November 11, 2026.

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

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