Active Listing  ·  35 days on market

2800 Cherry Ln

Austin, TX 78703
$1,625,000
4 Bed 3 Bath 2,633 sqft $617/sqft Built 1950 0.18 acres Pool Tarry Town 03

Located on one of Tarrytown's picturesque streets, 2800 Cherry Lane offers 4 bedrooms and 3 bathrooms with a floor plan designed for flexibility. Fresh exterior paint and a newly front landscaping create a warm welcome from the moment you arrive. A guest suite is positioned at the front of the home, while two secondary bedrooms share a full bath in their own wing.

Privately tucked at the back of the home, the primary suite includes its own loft, perfect for a home office, reading nook, art studio, or quiet escape. A dedicated office or playroom just off the living room adds even more versatility.

The kitchen offers plenty of opportunity to make it your own with skylights and features a large pantry, dining area, and an open connection to the spacious living room, where large windows overlook the backyard. Surrounded by Tarrytown's iconic tree-lined streets, Cherry Lane is perfect for neighborhood walks and is just moments from local parks, coffee shops, restaurants, and other neighborhood favorites.

At $617/sqft, this home is priced 57% 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

2800 Cherry Ln, Austin, TX 78703

Property Details

Price $1,625,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,633 sqft
Lot Size 0.18 acres (7,692.7 sqft)
Year Built 1950
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Tarry Town 03
County Travis
Zip Code 78703
$/sqft $617/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $30,557.27
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT243095917
List Date August 18, 2026
Elementary School Casis
Middle School O Henry
High School Austin
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
2005 Bowman Ave
Tarry Town 06
$1,585,000 $785 3 bd / 2 ba 2,019 sqft , 2026-05-19
1407 Hartford Rd
Enfield E
$1,575,000 $698 4 bd / 2 ba 2,256 sqft , 2026-09-15
708 Upson St
Deep Eddy Heights
$1,695,000 $582 4 bd / 3 ba 2,910 sqft , 2026-07-23
2206 Parkway None
Enfield D
$1,749,950 $861 3 bd / 2 ba 2,032 sqft , 2026-09-10
1800 W 10th St
White Essie Resub
$1,449,900 $661 3 bd / 3 ba 2,192 sqft , 2026-09-03

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
$7,800/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
$325,000
20% conventional investment loan

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

Estimated Gross Rent+$7,800
Principal + Interest−$8,868
Property Tax (~2.1% TX avg)−$2,844
Insurance (~0.5%)−$677
Est. Monthly Cash Flow $-4,589

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

More Luxury Homes in Austin

Loading…
View All Luxury Homes →
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 September 20, 2026.

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