Active Listing  ·  18 days on market

2806 Prado St

Austin, TX 78702
$724,900
4 Bed 2 Bath 2,033 sqft $357/sqft Built 2004 0.15 acres 2-Car Garage Pool Chernosky 12

If you’ve been looking for actual space in East Austin without having to compromise on updates, 2806 Prado St is a rare find. This single-story home offers just over 2,000 square feet of clean, functional living space right in the 78702. With 4 bedrooms and 2 bathrooms, it has a generous footprint that is hard to come by in this part of town.

The entire house has been updated from top to bottom. There is brand-new luxury vinyl plank (LVP) flooring running through every room—no carpet anywhere—and a fresh, clean coat of paint on all the walls. One of the bathrooms has been completely remodeled with a modern design, while the rest of the home has been thoroughly refreshed. On top of the four bedrooms, there is a dedicated home office tucked away in the back that looks out over the yard, making it a quiet, perfect setup for working from home.

Practicality meets efficiency here as well. The home comes equipped with solar panels to help keep those Texas utility bills in check, especially during the peak of summer. The attached 2-car garage has been finished with a clean, durable epoxy floor—ideal for extra storage, a home gym, or keeping your car out of the heat.

The location puts you right in the middle of everything East Austin is known for. You are just minutes from Govalle Park and the Southern Walnut Creek Trail trailhead if you want to get outside. For dinner and drinks, you can easily head over to local staples like Launderette, Jacoby’s, or the coffee shops and breweries along nearby East Cesar Chavez and Springdale Road. Plus, downtown is only a quick, 10-minute drive away.

At $357/sqft, this home is 9% below the Austin active market average of $391/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

2806 Prado St, Austin, TX 78702

Property Details

Price $724,900
Status Active Listing
Beds 4
Full Baths 2
Half Baths ,
Living Area 2,033 sqft
Lot Size 0.15 acres (6,446.88 sqft)
Year Built 2004
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Chernosky 12
County Travis
Zip Code 78702
$/sqft $357/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $15,189.83
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT227580588
List Date July 17, 2026
Elementary School Brooke
Middle School Martin
High School Lyndon B Johnson (Austin ISD)
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
1107 Taulbee Ln #B
NORTHGATE ADDN
$724,900 $299 3 bd / 3 ba 2,428 sqft , 2025-10-10
12513 Javea Dr
Avana Ph 2 Sec 1
$724,900 $389 3 bd / 3 ba 1,865 sqft , 2026-05-08
4413 Banister Ln #BLDG 1 - UNIT 101
Banister Acres
$725,000 $502 3 bd / 4 ba 1,443 sqft , 2025-10-29
8110 Ranch Road 2222 Rd #33
The Hillside
$725,000 $340 4 bd / 4 ba 2,133 sqft , 2026-04-23
3604 Wilson St
Cherry Hills
$725,000 $539 3 bd / 2 ba 1,344 sqft , 2026-05-31

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
$3,480/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
$144,980
20% conventional investment loan

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

Estimated Gross Rent+$3,480
Principal + Interest−$3,956
Property Tax (~2.1% TX avg)−$1,269
Insurance (~0.5%)−$302
Est. Monthly Cash Flow $-2,047

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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