Active Listing  ·  80 days on market

2711 Stacy Ln #1

Austin, TX 78704
$1,015,000
3 Bed 4 Bath 2,300 sqft $441/sqft Built 2023 0.16 acres 1-Car Garage Pool Pearson

** SELLER is offering a buy down** Welcome to 2711 Stacy Ln #1, a beautifully designed 3-bedroom, 3.5-bath home in one of South Austin's most sought-after locations. Situated in the heart of the vibrant South 1st corridor, this home offers the perfect blend of modern style, thoughtful design, and unbeatable convenience, just minutes from South Congress, Downtown Austin, and some of the city's most popular restaurants, coffee shops, and entertainment destinations.

The open-concept floor plan is ideal for both everyday living and entertaining. The chef-inspired kitchen features premium appliances, European-style cabinetry, a spacious center island with breakfast bar seating, a farmhouse sink, and an oversized pantry. Natural light fills the living spaces, highlighting the home's unique architectural details and elevated finishes throughout.

The spacious primary suite serves as a private retreat, complete with a luxurious ensuite bath featuring dual vanities, a soaking tub, separate walk-in shower, and a large walk-in closet. Step outside to your private covered balcony and enjoy a quiet escape above the city.

Each secondary bedroom offers its own private bathroom, providing flexibility and privacy for guests, roommates, or a home office setup. Outside, the fenced backyard creates the perfect space for pets, gardening, or relaxing with friends and family.

Located near Gillis Neighborhood Park, South Austin Recreation Center, and just a short drive to Downtown Austin, this home offers the best of urban living while maintaining the charm and character that make South Austin so desirable.

Experience modern Austin living at its finest in this exceptional South Austin residence.

At $441/sqft, this home is priced 13% 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

2711 Stacy Ln #1, Austin, TX 78704

Property Details

Price $1,015,000
Status Active Listing
Beds 3
Full Baths 3
Half Baths 1
Living Area 2,300 sqft
Lot Size 0.16 acres (7,104.64 sqft)
Year Built 2023
Garage 1 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Pearson
County Travis
Zip Code 78704
$/sqft $441/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $18,356.64
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT232683164
List Date June 5, 2026
Elementary School Dawson
Middle School Lively
High School Travis
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 · June 5, 2026 $1,095,000
Previous ask $1,025,000
Current ask $1,015,000
Reduced $80,000 (-7.3%) 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
2003 Wilson St #3
J Bouldin Residences
$1,000,000 $459 3 bd / 4 ba 2,178 sqft , 2026-04-02
2105 Goodrich Ave #7
Barton Skyline Garden Homes
$1,030,000 $481 3 bd / 4 ba 2,141 sqft , 2026-08-06
613 W Annie St #A
613 West Annie Street Condomin
$995,000 $639 2 bd / 3 ba 1,556 sqft , 2026-05-13
2003 Wilson St #1
J Bouldin Residences
$995,000 $492 2 bd / 3 ba 2,024 sqft , 2026-06-17
3012 S 4th St #B
GROVE CONDO AMD
$975,000 $359 4 bd / 3 ba 2,713 sqft , 2026-05-07

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
$4,872/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
$203,000
20% conventional investment loan

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

Estimated Gross Rent+$4,872
Principal + Interest−$5,539
Property Tax (~2.1% TX avg)−$1,776
Insurance (~0.5%)−$423
Est. Monthly Cash Flow $-2,866

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 22, 2026.

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