Active Listing  ·  206 days on market

2806 Geraghty Ave

Austin, TX 78757
$2,999,995
5 Bed 4 Bath 3,702 sqft $810/sqft Built 2026 0.34 acres 2-Car Garage Pool New Construction Green Acres

Featured on both the Austin Modern Homes Tour and Tribeza Luxury Homes Tour and tucked into one of Allandale’s most coveted and private tree-filled lots, this 3702 square-foot single-story residence is a studied homage to classic California Eichler architecture — reinterpreted for modern Texas living.

This home embraces the principles that defined mid-century modernism: clean horizontal lines, expansive walls of glass, seamless indoor-outdoor flow, and an honest expression of natural materials.

Designed by Magic Architecture and masterfully constructed with interior curation by Cary Paul Studios (awarded 2026 Best Builder by Austin Home), the 5 bed, 3.5 bath layout unfolds across a thoughtful single-level plan with two living areas and a dedicated study or flex room — echoing Eichler’s belief that architecture should support connection and everyday ease.

Signature architectural elements anchor the space: a striking brick fireplace, warm wood-clad ceilings, completely custom cabinetry and built-ins, and curated materials that nod to the era and feel nostalgic but also updated. Mid-century-inspired terrazzo tile grounds the design, while statement wallpaper by Clay Imports adds texture and artistry.

True to its roots, glass walls dissolve into expansive decking, leading to a private pool and hot tub — reinforcing the Eichler ethos of blurring interior and exterior living.

This is not simply a new construction home. It is a respectful architectural tribute — designed for those who appreciate provenance, materiality, and the enduring clarity of mid-century modern design — all in the heart of Allandale.

At $810/sqft, this home is priced 106% above the Austin active market average of $393/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

2806 Geraghty Ave, Austin, TX 78757

Property Details

Price $2,999,995
Status Active Listing
Beds 5
Full Baths 3
Half Baths 1
Living Area 3,702 sqft
Lot Size 0.34 acres (15,028.2 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Green Acres
County Travis
Zip Code 78757
$/sqft $810/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $32,529.62
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT220849218
List Date February 28, 2026
Elementary School Gullett
Middle School Lamar (Austin ISD)
High School McCallum
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 →

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 · February 28, 2026 $3,300,000
Previous ask $3,200,000
Current ask $2,999,995
Reduced $300,005 (-9.1%) 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
6411 Cary Dr
Treadwell Add Sec 01
$2,950,000 $738 5 bd / 5 ba 3,999 sqft , 2026-08-13
2613 Geraghty Ave
Green Acres
$2,095,000 $667 5 bd / 4 ba 3,142 sqft , 2026-09-16
3309 Stardust Dr
Allandale Park Sec 04
$1,999,000 $713 5 bd / 4 ba 2,804 sqft , 2026-06-29
2701 Richcreek Rd
Allandale Park Sec 05
$1,999,000 $635 4 bd / 3 ba 3,149 sqft , 2026-09-22
1521 Madison Ave
Crestview Add Sec 05
$1,998,500 $609 5 bd / 5 ba 3,281 sqft , 2026-06-16

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
$14,400/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
$599,999
20% conventional investment loan

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

Estimated Gross Rent+$14,400
Principal + Interest−$16,372
Property Tax (~2.1% TX avg)−$5,250
Insurance (~0.5%)−$1,250
Est. Monthly Cash Flow $-8,472

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 4, 2026.

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