Active Listing  ·  150 days on market

2710 E 3rd St

Austin, TX 78702
$639,957
3 Bed 3 Bath 1,344 sqft $476/sqft Built 1948 0.16 acres Pool Anthony W B

Welcome to 2710 E 3rd St, a beautifully located property in the heart of East Austin’s vibrant 78702 neighborhood. This 3-bedroom, 2-bath front home sits on a large, flat, buildable lot—offering exceptional flexibility for homeowners, investors, and developers alike.

A driveway runs along the right side of the property, providing ample access and creating a prime opportunity to explore building an additional dwelling unit (ADU) at the rear. Whether you’re ready to build in the back, live in one and rent the other, or reimagine the entire property, this is a rare chance to “house hack” your way to strong equity potential.

The property is ready for developers to envision its highest and best use, or for an owner-occupant to bring their investment strategy to life in one of Austin’s most desirable neighborhoods.

Inside, the home features a thoughtfully designed layout filled with natural light, creating a warm and inviting atmosphere. The living spaces flow effortlessly for both everyday living and entertaining, while the kitchen offers ample storage and workspace. Bedrooms provide comfortable retreats, and the outdoor space is ready to be transformed into your ideal backyard oasis.

Located just minutes from downtown Austin, this home is within walking distance to Lady Bird Lake, popular East Austin restaurants, and co-working spots. Enjoy a quick Uber or scooter ride into the city core, plus easy access to Austin-Bergstrom International Airport for convenient travel.

The lot is flat and free of large trees, making it easier to build without major obstructions—an increasingly rare find in this area.

Buyer to verify lot size, home square footage, and any building restrictions with the City of Austin or other governing entities. Lot size and home square footage are based on public records.

At $476/sqft, this home is priced 22% above the Austin active market average of $391/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

2710 E 3rd St, Austin, TX 78702

Property Details

Price $639,957
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,344 sqft
Lot Size 0.16 acres (7,100.28 sqft)
Year Built 1948
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Anthony W B
County Travis
Zip Code 78702
$/sqft $476/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $12,432.11
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT223896095
List Date March 26, 2026
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.

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
1911 College Row
Grandview Place
$639,000 $705 2 bd / 2 ba 907 sqft , 2026-06-14
3103 Garwood St #2
Brass G M
$649,000 $480 3 bd / 3 ba 1,352 sqft , 2026-06-04
1002 Walter St
Rosewood Village Sec 8
$650,000 $558 3 bd / 2 ba 1,164 sqft , 2025-08-18
3204 Lyons Rd #1
Delzell Sec 02
$650,000 $440 3 bd / 3 ba 1,476 sqft , 2026-08-15
3116 Prado St #2 None
Govalle
$650,000 $677 2 bd / 2 ba 960 sqft , 2026-08-22

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
$3,072/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
$127,991
20% conventional investment loan

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

Estimated Gross Rent+$3,072
Principal + Interest−$3,493
Property Tax (~2.1% TX avg)−$1,120
Insurance (~0.5%)−$267
Est. Monthly Cash Flow $-1,808

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 July 11, 2026.

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