Active Listing  ·  159 days on market

3006 Washington Sq

Austin, TX 78705
$2,750,000
4 Bed 4 Bath 3,371 sqft $816/sqft Built 2012 0.38 acres 4-Car Garage Pool Allen J B

3006 Washington Sq. is an exceptional 2012-built residence sited on an oversized ~0.376-acre lot, this striking Modern Craftsman home offers 3,371 SF of thoughtfully planned living space, 4 bedrooms, 3.5 baths and an abundance of indoor/outdoor amenities ideal for everyday living & entertaining.

Enter through a welcoming front porch into a light-filled plan featuring high ceilings, crown molding & wide trim throughout the main level. A private front office w/ French doors provides an ideal work-from-home space. The formal dining room is separate from the kitchen via a short hallway, offering privacy for dinner parties while keeping flow to the main entertaining areas.

The large open kitchen is anchored by a center island w/ barstool seating & opens to the breakfast and living areas — an effortless layout for casual meals & socializing. The main-level primary suite enjoys a French-door exit to a private covered porch, dual-sink vanity, jetted tub, separate walk-in shower & a generous walk-in closet.

Upstairs, a spacious game/media room w/ wet bar complements 3 secondary bedrooms that share a Jack-and-Jill bath — perfect for family life. Outside, a huge covered back patio with ceiling fans and a natural gas grill outlet leads to a large courtyard for alfresco dining and play. The property is fully fenced for privacy and features a remote-controlled gate protecting a porte cochere.

Additional detached structures expand the possibilities: an approx. 682 SF unfinished ADU w/ its own full kitchen & bathroom (ready for customization), a detached 3-car garage w/ flexible upper-level workshop or man-cave space, plus an extra detached 1-car structure can be converted/update.

Located in a quiet neighborhood just minutes from the University of Texas, Downtown Austin & nearby shopping, this versatile home blends generous indoor square footage, flexible outbuildings & premium outdoor living on an oversized lot — a rare find in Austin. Don’t miss this unique opportunity.

At $816/sqft, this home is priced 109% 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

3006 Washington Sq, Austin, TX 78705

Property Details

Price $2,750,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths 1
Living Area 3,371 sqft
Lot Size 0.38 acres (16,395.98 sqft)
Year Built 2012
Garage 4 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Allen J B
County Travis
Zip Code 78705
$/sqft $816/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $27,073.56
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT219366696
List Date February 26, 2026
Elementary School Bryker Woods
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
1915 Brackenridge St
Blue Bonnet Hills
$2,750,000 $975 4 bd / 5 ba 2,820 sqft , 2026-05-14
111 Sailfish St
Lakeway Sec 01
$2,760,000 $746 3 bd / 3 ba 3,698 sqft , 2026-04-21
4504 Small Dr
Northwest Hills
$2,795,000 $739 4 bd / 4 ba 3,783 sqft , 2026-07-22
5819 Westslope Dr
Cat Mountain Villas Sec 03B
$2,799,000 $698 4 bd / 4 ba 4,012 sqft , 2026-07-13
1700 Buffalo-Gap Rd
N/A
$2,700,000 $857 3 bd / 4 ba 3,150 sqft , 2026-06-11

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
$13,200/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
$550,000
20% conventional investment loan

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

Estimated Gross Rent+$13,200
Principal + Interest−$15,008
Property Tax (~2.1% TX avg)−$4,813
Insurance (~0.5%)−$1,146
Est. Monthly Cash Flow $-7,767

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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