Active Listing  ·  148 days on market

2717 Trail Of The Madrones None

Austin, TX 78746
$1,150,000
3 Bed 2 Bath 1,658 sqft $694/sqft Built 1975 0.55 acres 2-Car Garage Pool Canyon View Estates

Tucked away on a quiet street in a stellar location, this exceptional canyon-view home presents a rare opportunity to create something truly special. Perched above a sweeping natural backdrop, the property captures breathtaking views and peaceful surroundings that feel worlds away—yet remain just minutes from everything you need.

The existing 1970s home was last updated in the 90's and provides a unique opportunity for renovation or redevelopment, allowing you to reimagine the space or start fresh and design the custom home you’ve always envisioned. With its prime positioning, serene canyon views, and unbeatable location, this is your chance to secure a premier lot and bring your dream home to life. The adjacent home was built as a spec home with over 4,500 sqft with a pool, offering an example of possibilities with a tear-down and new design.

Located within the highly acclaimed Eanes Independent School District, this homesite offers access to some of the area’s top-rated schools, adding long-term value to an already remarkable setting.

At $694/sqft, this home is priced 77% 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

2717 Trail Of The Madrones None, Austin, TX 78746

Property Details

Price $1,150,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,658 sqft
Lot Size 0.55 acres (23,809.9 sqft)
Year Built 1975
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Canyon View Estates
County Travis
Zip Code 78746
$/sqft $694/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $16,031.85
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT220557538
List Date March 9, 2026
Elementary School Bridge Point
Middle School Hill Country
High School Westlake
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
2104 E 2nd St #1
2104 EAST 2ND STREET CONDOMINIUMS
$1,150,000 $551 4 bd / 4 ba 2,089 sqft , 2025-08-04
6401 Menchaca Rd
Manchaca Estates
$1,150,000 $726 3 bd / 2 ba 1,584 sqft , 2026-07-24
1808 Holly St
Popes Resub
$1,150,737 $567 4 bd / 3 ba 2,028 sqft , 2026-08-01
1325 Bonham Ter #A
Travis Heights
$1,149,000 $571 3 bd / 3 ba 2,012 sqft , 2026-03-10
2211 Santa Rosa St
Buena Vista
$1,149,000 $567 4 bd / 3 ba 2,027 sqft , 2025-11-12

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
$5,520/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
$230,000
20% conventional investment loan

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

Estimated Gross Rent+$5,520
Principal + Interest−$6,276
Property Tax (~2.1% TX avg)−$2,013
Insurance (~0.5%)−$479
Est. Monthly Cash Flow $-3,248

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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