Active Listing  ·  55 days on market

3115 Clawson Rd #301

Austin, TX 78704
$1,200,000
3 Bed 4 Bath 2,430 sqft $494/sqft Built 2019 0.14 acres Pool Grove on Clawson

A 1-of-a-kind modern farmhouse tucked beneath the shade of majestic live oaks in the heart of Austin's coveted 78704. Set back from the street on a quiet, private drive. Nearly new and in pristine, move-in-ready condition, it spans 3 thoughtfully designed levels with luxury finishes, engineered hardwood floors, and extensive owner upgrades throughout. The main level is designed for entertaining, featuring soaring vaulted ceilings, walls of windows and an open-concept living, dining, and kitchen that feels bright, inviting and connected. The chef-inspired kitchen showcases quartz countertops, stainless steel appliances, premium finishes and a large sink overlooking the beautifully landscaped backyard. Upstairs you'll find an impressive primary retreat complete with a massive walk-in closet and direct access to an oversized private terrace finished with low-maintenance Trex decking. A spacious secondary bedroom with its own ensuite bath completes the upper level. The lower level offers exceptional flexibility with a completely private guest suite featuring its own living room, large bedroom with ensuite bath and an oversized laundry room. Perfect for visitors, a home office, gym, media room, playroom or multi-generational living this space provides incredible privacy and functionality. Outside, the backyard is a private oasis, fully turfed and enclosed by 9-foot privacy fences, with multiple seating and entertaining areas, mature shade trees, and professional drainage improvements including a French drain system and upgraded grinder pump. A covered carport (Already wired for a garage door addition) with an EV charger, plus motorized shades throughout. Location is everything, this home is also an STR "gold mine" for weekend or long monthly rentals. Few neighborhoods capture the Austin lifestyle like 78704. From your front door you're just minutes from SoLa, SoCo, Zilker Park, Barton Springs Pool, the Hike-and-Bike Trail, Downtown and Lady Bird Lake.

At $494/sqft, this home is priced 26% above the Austin active market average of $393/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

3115 Clawson Rd #301, Austin, TX 78704

Property Details

Price $1,200,000
Status Active Listing
Beds 3
Full Baths 3
Half Baths 1
Living Area 2,430 sqft
Lot Size 0.14 acres (5,985.14 sqft)
Year Built 2019
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Grove on Clawson
County Travis
Zip Code 78704
$/sqft $494/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT241628000
List Date July 29, 2026
Elementary School Zilker
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.

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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
1004 Juanita None #II
La Perla
$1,195,000 $563 4 bd / 4 ba 2,122 sqft , 2026-09-18
2113 Oxford Ave
Oak Hill Add
$1,185,000 $577 3 bd / 3 ba 2,052 sqft , 2026-06-15
4409 Banister Ln #BLDG 1
Banister Acres
$1,225,000 $553 4 bd / 4 ba 2,217 sqft , 2025-11-11
2002 Kinney Ave #B
Kinney Ave Condo Amd 2002
$1,250,000 $654 3 bd / 3 ba 1,910 sqft , 2025-09-25
2002 Kinney Ave #A
Kinney Ave Condo Amd 2002
$1,275,000 $652 3 bd / 3 ba 1,956 sqft , 2026-03-15

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
$5,760/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
$240,000
20% conventional investment loan

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

Estimated Gross Rent+$5,760
Principal + Interest−$6,549
Property Tax (~2.1% TX avg)−$2,100
Insurance (~0.5%)−$500
Est. Monthly Cash Flow $-3,389

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 · 30 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. This page was last updated on September 22, 2026.

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