Active Listing  ·  31 days on market

2706 Grennock Dr

Austin, TX 78745
$625,000
3 Bed 2 Bath 1,479 sqft $423/sqft Built 1977 0.15 acres 2-Car Garage Pool Cherry Creek Ph 04 Sec 02

Welcome to 2706 Grennock Dr!

Set on a lush, mature lot in Austin's sought-after Cherry Creek neighborhood. This home has been meticulously maintained and thoughtfully updated. This is the kind of home that shows better in person than any listing can capture. Freshly refined landscaping frames the property, and a newly built back deck extends the living space outdoors, ready for entertaining, relaxing, or simply enjoying the shade of towering, decades-old trees.

Step through the entry into a single-story layout designed for effortless living. Rich hardwood flooring flows through the main living areas, warm and elegant underfoot. A fireplace anchors the family room as the natural gathering point for cool evenings.

All three bedrooms sit on the main level, including a primary suite with a generous walk-in closet. Ceiling fans throughout keep the home comfortable in every season.

Outside, the fully fenced backyard is private and pristine, framed by large mature trees that give the lot an established, quiet feel most new construction can't touch. With no HOA, you get the freedom that comes with true ownership.

This is a home in a neighborhood people rarely leave. Immaculate, updated, and ready. Come see it before it's gone.

All values are approximate and to be verified.

At $423/sqft, this home is priced 8% 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

2706 Grennock Dr, Austin, TX 78745

Property Details

Price $625,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,479 sqft
Lot Size 0.15 acres (6,429.46 sqft)
Year Built 1977
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Cherry Creek Ph 04 Sec 02
County Travis
Zip Code 78745
$/sqft $423/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $11,264.88
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT239313535
List Date July 24, 2026
Elementary School Sunset Valley
Middle School Covington
High School Crockett
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
7807 Keswick Dr
Cherry Creek Ph 07 Sec 03
$619,900 $346 3 bd / 2 ba 1,790 sqft , 2026-05-09
7906 Keneshaw Dr
SOUTHWEST OAKS SEC 1
$639,000 $352 4 bd / 3 ba 1,816 sqft , 2026-06-26
6108 Bridlington Cir
Cherry Creek Ph 06 Sec 02 Amd
$600,000 $387 3 bd / 2 ba 1,552 sqft , 2026-04-10
7912 Finch Trl
Cherry Creek
$600,000 $346 4 bd / 3 ba 1,734 sqft , 2026-08-10
7702 Wynne Ln
Brownleaf Estates
$650,000 $361 4 bd / 2 ba 1,803 sqft , 2026-08-05

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
$3,000/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
$125,000
20% conventional investment loan

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

Estimated Gross Rent+$3,000
Principal + Interest−$3,411
Property Tax (~2.1% TX avg)−$1,094
Insurance (~0.5%)−$260
Est. Monthly Cash Flow $-1,765

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 8, 2026.

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