Active Listing  ·  14 days on market

3002 Webberville Rd #2

Austin, TX 78702
$853,000
3 Bed 3 Bath 1,917 sqft $445/sqft Built 2026 0.17 acres 1-Car Garage Pool New Construction Lorraine Heights

New construction by True North Homes, designed with a point of view. Walnut cabinetry, quartz countertops and a mix of colors and textures flow seamlessly through all 1,917 sq ft. The vaulted living room is the anchor, with tall windows and transoms above that pull the eye straight up. It opens to the kitchen, where a large island and a gas range make it the natural gathering spot. A small office tucks in off the dining area. Upstairs, all three bedrooms share the floor with the laundry room, and the primary has its own balcony. Smart placement on the lot gives this A/B unit the privacy of a standalone home. A one-car garage, covered patio and fenced yard finish it off. All of it sits close to everything the East Side has to offer, including some of Austin’s Michelin-recognized restaurants. Both units on this lot can also be purchased together (MLS #6840014).

At $445/sqft, this home is priced 14% 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 #2, Austin, TX 78702

Property Details

Price $853,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,917 sqft
Lot Size 0.17 acres (7,492.32 sqft)
Year Built 2026
Garage 1 spaces
Stories ,
Type Residential · Condominium
Subdivision Lorraine Heights
County Travis
Zip Code 78702
$/sqft $445/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $11,663
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT251269546
List Date October 29, 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 29, 2026 $858,000
Current ask $853,000
▼ Reduced $5,000 (-0.6%) 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
3101 Lyons Rd
Chernosky 14
$850,000 $360 4 bd / 5 ba 2,364 sqft , 2026-08-07
1704 Miriam Ave
Ulit H Add 02
$850,000 $556 3 bd / 3 ba 1,528 sqft , 2026-10-23
910 Tillery St #A
910 Tillery Condos
$849,900 $465 3 bd / 3 ba 1,828 sqft , 2026-05-22
1610 Harvey None #A
Division B
$849,000 $435 3 bd / 3 ba 1,951 sqft , 2026-09-03
2303 East 2nd St #1
Jones F H
$845,000 $503 3 bd / 4 ba 1,681 sqft , 2026-11-10

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
$4,094/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
$170,600
20% conventional investment loan

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

Estimated Gross Rent+$4,094
Principal + Interest−$4,655
Property Tax (assumed ~2.1%)−$1,493
Insurance (assumed ~0.5%)−$355
Est. Monthly Cash Flow $-2,409

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 8, 2026.

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

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