Active Listing  ·  206 days on market

2703 McCullough St

Austin, TX 78703
$1,995,000
5 Bed 4 Bath 3,744 sqft $533/sqft Built 2002 0.23 acres 2-Car Garage Pool Thomas Place

This timeless Tarrytown residence offers elevated design, exceptional walkability, and effortless indoor-outdoor living, all just steps from Casis Elementary. Inside enjoy the open open-concept layout seamlessly connects the kitchen, living, and dining spaces, creating an ideal space for both everyday living and upscale entertaining. The chef’s kitchen impresses with a massive center island featuring seating for six, granite countertops, double ovens, a walk-in pantry, and abundant storage. The space flows naturally into the main living area, all overlooking the resort-style backyard. Step outside to your own private oasis with its covered porch, expansive patio, and resort-style pool with a built-in hot tub, all designed for year-round enjoyment. A dedicated fire pit seating area and strategic privacy from neighboring homes create a peaceful, intimate outdoor setting.

Back inside, the primary suite is thoughtfully positioned on the main level, offering privacy and convenience. A true retreat, it features an oversized en-suite bath and an enormous walk-in closet that rivals custom luxury builds. Just upstairs, an expansive media room provides flexible space for movie nights, a game room, or additional entertaining. The junior suite off of the media room offers seclusion and privacy, while the other two spacious bedrooms feature an adjoining bathroom and large walk-in closets. There's incredible storage throughout.

Additional highlights include a two-car garage and a light-filled interior that offers the perfect canvas to tailor the home to your personal style. The home is ideally located near Rawson Saunders School, Lady Bird Lake and the Hike and Bike Trail, Casis Village Shopping, Lions Municipal Golf Course, and the new HEB. Zoned to exemplary Casis Elementary, O. Henry Middle School, and Austin High School.

A rare opportunity to enjoy classic luxury in one of Central Austin’s most desirable locations. Schedule your private tour today.

At $533/sqft, this home is priced 36% 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 McCullough St, Austin, TX 78703

Property Details

Price $1,995,000
Status Active Listing
Beds 5
Full Baths 3
Half Baths 1
Living Area 3,744 sqft
Lot Size 0.23 acres (10,018.8 sqft)
Year Built 2002
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Thomas Place
County Travis
Zip Code 78703
$/sqft $533/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $49,627.26
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT220916293
List Date February 28, 2026
Elementary School Casis
Middle School O Henry
High School Austin
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 →

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 · February 28, 2026 $2,550,000
Previous ask $2,095,000
Current ask $1,995,000
Reduced $555,000 (-21.8%) 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
3901 Prentice Ln
West Rim
$2,195,000 $575 4 bd / 4 ba 3,820 sqft , 2026-04-16
2101 Stamford Ln
Westfield A
$2,250,000 $791 4 bd / 4 ba 2,846 sqft , 2026-09-02
2800 Cherry Ln
Tarry Town 03
$1,625,000 $617 4 bd / 3 ba 2,633 sqft , 2026-08-18
3400 Oakmont Blvd
Happy Hollow
$2,395,000 $725 5 bd / 5 ba 3,304 sqft , 2026-04-13
1900 Matthews Dr
Laurel Heights
$2,599,000 $902 4 bd / 4 ba 2,880 sqft , 2026-06-25

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
$9,576/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
$399,000
20% conventional investment loan

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

Estimated Gross Rent+$9,576
Principal + Interest−$10,888
Property Tax (~2.1% TX avg)−$3,491
Insurance (~0.5%)−$831
Est. Monthly Cash Flow $-5,634

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 August 19, 2026.

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