Active Listing  ·  34 days on market

3002 Webberville Rd #1 & 2

Austin, TX 78702
$1,342,000
6 Bed 5 Bath 3,045 sqft $441/sqft Built 2026 0.17 acres 1-Car Garage Pool Lorraine Heights

Two houses in 78702 for $1.4M. Yes, both. 3002 Webberville pairs a brand-new 3-bed, 2.5-bath house with a fully renovated 3-bed, 2-bath bungalow. Both are standalone and move-in ready, on one lot.

The back house is 1917 sq ft of new construction. The living room is the showpiece: a dramatic vaulted ceiling over a wall of windows with transoms above. It opens to a kitchen with walnut cabinetry, quartz countertops, a gas range, and a big island, and a small office sits just off the dining area. Upstairs are all three bedrooms, led by a large primary with its own balcony. A one-car garage, covered patio, and fenced yard round it out.

The front house is a 1985 bungalow, 1,128 sq ft, renovated top to bottom. Sage tile, brass fixtures, and open shelving in the kitchen, a walk-in tiled shower, and a covered cedar porch out front. It can be purchased furnished.

A total of 6 bedrooms and 4.5 baths give you options. Live in the new house and let the bungalow's rent offset your mortgage. Rent both. Set up a multigenerational compound. Or sell one house later: each is its own legal unit under a condo regime, with no shared walls. Customization options are available on the lot.

STR Management projects up to $200K in first-year gross revenue with both houses rented together, and $250K+ with a cowboy pool added (projected revenue report available).

At $441/sqft, this home is priced 13% above the Austin active market average of $390/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

3002 Webberville Rd #1 & 2, Austin, TX 78702

Property Details

Price $1,342,000
Status Active Listing
Beds 6
Full Baths 4
Half Baths 1
Living Area 3,045 sqft
Lot Size 0.17 acres (7,496.68 sqft)
Year Built 2026
Garage 1 spaces
Stories ,
Type Residential · See Remarks
Subdivision Lorraine Heights
County Travis
Zip Code 78702
$/sqft $441/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $11,663
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT248925979
List Date October 9, 2026
Elementary School Oak Springs
Middle School Kealing
High School Eastside Early College
School District Austin ISD

Austin ISD

Oak Springs · Kealing · Eastside Early College

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.

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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 · October 9, 2026 $1,400,000
Previous ask $1,350,000
Current ask $1,342,000
▼ Reduced $58,000 (-4.1%) 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
2510 E 4th St #2
Chernosky M E
$1,375,000 $583 5 bd / 4 ba 2,360 sqft , 2026-10-29
910 Tillery St
910 Tillery Condos
$1,399,800 $478 5 bd / 5 ba 2,930 sqft , 2026-05-22
1310 Comal St
Oreilly James
$1,199,000 $470 5 bd / 3 ba 2,550 sqft , 2026-04-02
1104 Fiesta St
Glenmar Sec 02
$1,099,000 $515 5 bd / 3 ba 2,132 sqft , 2026-09-25
910 Chote Ave
Gullett Gardens 02
$1,695,000 $451 6 bd / 5 ba 3,758 sqft , 2026-09-11

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
$6,442/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
$268,400
20% conventional investment loan

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

Estimated Gross Rent+$6,442
Principal + Interest−$7,324
Property Tax (assumed ~2.1%)−$2,349
Insurance (assumed ~0.5%)−$559
Est. Monthly Cash Flow $-3,790

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 · 41 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. The written content was last updated on November 7, 2026.

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

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