Active Listing  ·  57 days on market

2905 Stratford Dr

Austin, TX 78746
$3,700,000
4 Bed 2 Bath 2,448 sqft $1,511/sqft Built 1955 1.12 acres Pool Bluffington Sec 02

Rarely do you find over an acre of perfectly flat, usable land this close to the heartbeat of Austin. Tucked away at 2905 Stratford Lane, this property represents a premier "blank canvas" opportunity in one of the city’s most coveted pockets. Whether you’re looking to take the existing 2,448 sq ft structure and embark on a high-end remodel, expand the footprint to create a sprawling estate, or start fresh with a ground-up custom masterpiece, the potential here is limited only by your imagination.

The current home is a solid, well-maintained residence featuring four bedrooms, two bathrooms, and a mix of classic hardwood and tile flooring. With a large kitchen and a spacious main-floor primary suite, it’s entirely livable or rentable while you finalize your architectural plans.

However, the true star of the show is the 1.1-acre lot itself. It is exceptionally rare to find this much level acreage just minutes from the iconic Zilker Park and the cool waters of Barton Springs. You’re a stone's throw from the vibrant energy of South Congress, yet tucked away in a setting that offers the kind of privacy and space usually reserved for the outskirts of town. This is more than just a home; it’s a generational opportunity to secure a massive piece of Austin’s landscape and build the lifestyle you’ve always envisioned.

At $1,511/sqft, this home is priced 286% 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

2905 Stratford Dr, Austin, TX 78746

Property Details

Price $3,700,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths ,
Living Area 2,448 sqft
Lot Size 1.12 acres (48,909.17 sqft)
Year Built 1955
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Bluffington Sec 02
County Travis
Zip Code 78746
$/sqft $1,511/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $42,275.94
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT235430658
List Date June 8, 2026
Elementary School Barton Hills
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
610 Davis St #3801
The Modern Austin Residences
$3,622,700 $1,126 5 bd / 5 ba 3,216 sqft , 2025-08-25
2108 Matthews Dr
Laurel Heights
$3,899,000 $1,285 4 bd / 4 ba 3,034 sqft , 2026-08-02
4703 Laguna Ln None
Logsdon Roy & E C
$3,500,000 $1,556 3 bd / 2 ba 2,250 sqft , 2025-06-30
501 Drawbridge Rd
Camelot
$3,900,000 $1,582 5 bd / 2 ba 2,466 sqft , 2026-05-30
6705 Elfland Dr
Rivercrest Add Sec 02
$3,495,000 $1,109 4 bd / 5 ba 3,151 sqft , 2026-05-06

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
$17,760/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
$740,000
20% conventional investment loan

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

Estimated Gross Rent+$17,760
Principal + Interest−$20,192
Property Tax (~2.1% TX avg)−$6,475
Insurance (~0.5%)−$1,542
Est. Monthly Cash Flow $-10,449

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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