Active Listing  ·  382 days on market

2703 E 3rd St #2

Austin, TX 78702
$575,000
2 Bed 3 Bath 1,083 sqft $531/sqft Built 2019 0.08 acres Pool Anthony W B

City living with tons of privacy in 78702-successful AirBNB! Newer home in an established neighborhood, this 2 primary suite home offers updated style with historic Austin location. The backyard is a private oasis with a bamboo forest, brick patio, and hidden cedar wood-fire hot tub. Recently installed luxury vinyl plank throughout gives this home a carpet free environment, and the quartz countertops make this home feel luxurious. Two fully private primary suites make this a great option for roommates or guests. Each room has remote operated blinds, large closets, and spacious bathrooms. One suite has a balcony overlooking the quiet street. The carport has an EV charger for your convenience. Walking distance to Town Lake/Lady Bird Lake and Ann and Roy Butler Hike and Bike Trail, as well as so many great restaurants East Austin has to offer. The home is currently being used as an AirBNB, and can be sold fully furnished. Minutes to downtown, Oracle, and the Capitol. If you have been looking for a newer home in the heart of East Austin with tons of privacy, this is the one for you!

At $531/sqft, this home is priced 35% above the Austin active market average of $392/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

2703 E 3rd St #2, Austin, TX 78702

Property Details

Price $575,000
Status Active Listing
Beds 2
Full Baths 2
Half Baths 1
Living Area 1,083 sqft
Lot Size 0.08 acres (3,606.77 sqft)
Year Built 2019
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Anthony W B
County Travis
Zip Code 78702
$/sqft $531/sqft
Days on Market ,
HOA $400/Annually
Annual Tax Est. $11,005.07
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT206114223
List Date September 5, 2025
Elementary School Govalle
Middle School Martin
High School Eastside Early College
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 · September 5, 2025 $625,000
Previous ask $577,000
Current ask $575,000
Reduced $50,000 (-8.0%) 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
301 N Pleasant Valley Rd #2
301 Pleasant Valley Condominiums
$589,000 $433 3 bd / 4 ba 1,361 sqft , 2026-08-14
301 N Pleasant Valley Rd #1
301 Pleasant Valley Condominiums
$595,000 $437 3 bd / 4 ba 1,361 sqft , 2026-08-20
2104 E 2nd St #2
E 2nd St
$599,900 $571 2 bd / 3 ba 1,050 sqft , 2026-07-10
2501 E 11th St #1
Grandview Place
$599,999 $568 3 bd / 2 ba 1,056 sqft , 2026-09-10
1003 Glen Oaks Ct
Rosewood Village Sec 7 Resub O
$550,000 $473 3 bd / 2 ba 1,163 sqft , 2026-09-22

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
$2,760/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
$115,000
20% conventional investment loan

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

Estimated Gross Rent+$2,760
Principal + Interest−$3,138
Property Tax (~2.1% TX avg)−$1,006
Insurance (~0.5%)−$240
Est. Monthly Cash Flow $-1,624

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 4, 2026.

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