Active Listing  ·  142 days on market

3202 Lafayette Ave

Austin, TX 78722
$1,440,000
3 Bed 2 Bath 2,306 sqft $624/sqft Built 2026 0.16 acres 1-Car Garage Pool New Construction Lafayette Heights

Welcome to 3202 Lafayette Avenue in Cherrywood, a brand-new home shaped with a New Orleans theme because it sits on Lafayette Avenue, and that story shows in the porches, ironwork, and warm glow at dusk. White lap siding, stacked front porches with arched columns, black iron railings, a solid wood front door with transom glass, and warm carriage lanterns give the street a quiet Southern presence. Mature trees canopy the lot, and fresh sod wraps the grounds, so the home already feels rooted in Cherrywood rather than raw.

Inside, about 2,306 square feet opens with wide-plank hardwood, crisp white walls, and top-of-the-line finishes throughout. The kitchen centers on a quartz waterfall island with seating, floor-to-ceiling white shaker cabinetry, matte black hardware, butcher-block perimeter counters, a textured subway-tile backsplash, stainless appliances, under-cabinet lighting, and skylights above, with a contrasting butler's pantry for prep and storage. Open living and dining rooms carry vaulted ceilings and banks of windows, then step through sliding glass onto a covered back porch with iron railings and a ceiling fan.

Upstairs, the entire second floor is the primary retreat. The bedroom claims the quiet of its own level, with room to breathe, paired with a spa-style bath that includes a freestanding soaking tub, dual vanity with quartz tops, soft LED mirror light, linen storage, and thoughtful black fixtures. Main-level bedrooms and flexible rooms keep everyday living easy for family, guests, or work from home.

Out back, the yard is private and ready: fresh sod all the way around, beautiful mature trees for shade, a dark horizontal privacy fence, and stone paths that tie the porch to the lawn. A gravel drive and attached one-car garage keep arrivals simple. You are near neighborhood cafes, a short hop to UT, and minutes from downtown Austin. Come walk through when you can, and see how the light moves through these rooms.

At $624/sqft, this home is priced 60% 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

3202 Lafayette Ave, Austin, TX 78722

Property Details

Price $1,440,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 2,306 sqft
Lot Size 0.16 acres (6,952.18 sqft)
Year Built 2026
Garage 1 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Lafayette Heights
County Travis
Zip Code 78722
$/sqft $624/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $9,003.1
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT237385265
List Date June 23, 2026
Elementary School Maplewood
Middle School Kealing
High School McCallum
School District Austin ISD

Austin ISD

Maplewood · Kealing · McCallum

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 · June 23, 2026 $1,440,000
Previous ask $1,600,000
Current ask $1,440,000
▲ Increased , (+0.0%) 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
2811 E 22nd St
Austin Heights
$1,349,000 $493 4 bd / 4 ba 2,738 sqft , 2026-10-21
1016 E 43rd St
Country Club Terrace
$1,275,000 $537 4 bd / 3 ba 2,376 sqft , 2026-07-20
1304 Comal St
Oreilly James
$1,645,000 $691 3 bd / 4 ba 2,381 sqft , 2026-06-19
2201 E 16th St
Division B
$1,199,900 $475 4 bd / 4 ba 2,524 sqft , 2026-07-08
3309 Larry Ln #1
Cherrywood
$1,199,900 $570 3 bd / 3 ba 2,104 sqft , 2026-07-23

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
$6,912/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
$288,000
20% conventional investment loan

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

Estimated Gross Rent+$6,912
Principal + Interest−$7,859
Property Tax (assumed ~2.1%)−$2,520
Insurance (assumed ~0.5%)−$600
Est. Monthly Cash Flow $-4,067

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 12, 2026.

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

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