Active Listing  ·  20 days on market

2706 Nottingham Ln

Austin, TX 78704
$735,000
3 Bed 2 Bath 1,443 sqft $509/sqft Built 1963 0.19 acres Pool Sherwood Oaks Sec 04

Wonderful opportunity just steps from St. Ed’s in the sought-after Sherwood Oaks neighborhood. Beautifully and thoughtfully updated and charming home boasts 3 beds, 2 full baths, high quality finishes and wood floors throughout, wood burning fireplace, modern kitchen plus a private yard with a deck to boot! Home has great natural light and a floor plan that seamlessly connects the living, dining and kitchen areas. Nestled on a great street that offers access to both nature (Blunn Creek Nature Preserve right down the road) as well as some of the best hot spots in South Austin. This pocket of 78704 is special - close to trails, parks, shopping, dining and provides easy access to both Downtown and the airport. Must see this gem, pride in ownership shows!

At $509/sqft, this home is priced 31% 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

2706 Nottingham Ln, Austin, TX 78704

Property Details

Price $735,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,443 sqft
Lot Size 0.19 acres (8,245.91 sqft)
Year Built 1963
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Sherwood Oaks Sec 04
County Travis
Zip Code 78704
$/sqft $509/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $10,653
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT250214004
List Date October 23, 2026
Elementary School Travis Hts
Middle School Lively
High School Travis
School District Austin ISD

Austin ISD

Travis Hts · Lively · Travis

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
2503 East Side Dr
Sherwood Oaks Sec 03
$729,000 $544 3 bd / 2 ba 1,339 sqft , 2026-09-03
2704 Nottingham Ln
Sherwood Oaks Sec 04
$725,000 $568 3 bd / 2 ba 1,277 sqft , 2026-10-28
1106 Algarita Ave #2
Travis Heights
$745,000 $671 2 bd / 3 ba 1,110 sqft , 2026-10-02
510 El Paso St #A
Pearson Subdivision
$749,900 $468 3 bd / 3 ba 1,603 sqft , 2026-10-09
2121 S Congress Ave #501
Travis Heights
$720,000 $693 2 bd / 2 ba 1,039 sqft , 2026-10-08

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
$3,528/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
$147,000
20% conventional investment loan

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

Estimated Gross Rent+$3,528
Principal + Interest−$4,011
Property Tax (assumed ~2.1%)−$1,286
Insurance (assumed ~0.5%)−$306
Est. Monthly Cash Flow $-2,075

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 October 27, 2026.

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

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