Active Listing  ·  55 days on market

3304 E 17th St #B

Austin, TX 78721
$599,000
3 Bed 3 Bath 1,772 sqft $338/sqft Built 2020 0.10 acres 1-Car Garage Pool McKinley Heights Terrace

Huge price reduction! Stunning modern luxury home offers designer finishes, smart home technology & an unbeatable close in location. Quiet corner lot at the end of the street backs to private wooded area. Lift master automatic driveway gate offers additional privacy & security. Open concept floor plan features soaring ceilings & abundant natural light. Chefs kitchen is the centerpiece of the home featuring premium matte white Cafe Appliances with brushed bronze hardware, quartz countertops, & custom charcoal & white cabinetry with undermount lighting. Large island with breakfast bar. The spacious Living area showcases a custom built entertainment wall with an electric freestanding fireplace creating an inviting space for relaxing or entertaining. Designer matte black hardware has been installed throughout the home for a cohesive modern aesthetic. Upstairs the luxurious primary suite is notably spacious & features a custom charcoal accent wall & matching curtains. There is a private balcony, custom walk-in closet system plus a Second walk in closet! Spa inspired bathroom with walk-in shower & built-in bench. Dual-zone Nest Smart thermostats provide independent climate control for each floor. Impressive technology includes whole-home Ethernet wiring & power-over-Ethernet capability for security cameras. Clerestory windows have built in wiring designed to accommodate future motorized window operators. Exceptional outdoor living features a spacious composite covered rear deck overlooking fully fenced backyard with premium artificial turf for year round beauty with virtually no maintenance. Garage includes a tankless hot water heater & access to underground water system installed for a future misting system. Electric Gate! Walk to local food trucks, JJ Seabrook greenbelt & SE Metropolitan Park with its scenic pond. Energy efficient construction with continuous exterior insulation. Move in ready modern home with smart home technology & unbeatable location.

At $338/sqft, this home is 14% below the Austin active market average of $393/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

3304 E 17th St #B, Austin, TX 78721

Property Details

Price $599,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,772 sqft
Lot Size 0.10 acres (4,321.15 sqft)
Year Built 2020
Garage 1 spaces
Stories ,
Type Residential · Condominium
Subdivision McKinley Heights Terrace
County Travis
Zip Code 78721
$/sqft $338/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $12,511.96
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT240717733
List Date July 30, 2026
Elementary School Sims
Middle School Kealing
High School Northeast Early College
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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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 · July 30, 2026 $649,900
Previous ask $610,000
Current ask $599,000
Reduced $50,900 (-7.8%) 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
3406 E 17th St #5
theSEVENTEEN
$599,000 $296 3 bd / 4 ba 2,026 sqft , 2026-03-17
2818 E 22nd St #2
Austin Heights
$599,999 $311 3 bd / 3 ba 1,930 sqft , 2026-01-07
1608 Ulit Ave #A
1608 Ulit Ave Condos
$589,500 $472 3 bd / 2 ba 1,250 sqft , 2026-05-25
3333 E 12th St
Breedlove Add
$619,995 $369 3 bd / 3 ba 1,681 sqft , 2026-07-30
4805 Louis Ave
Eastfield
$575,000 $349 4 bd / 2 ba 1,648 sqft , 2026-03-20

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
$2,875/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
$119,800
20% conventional investment loan

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

Estimated Gross Rent+$2,875
Principal + Interest−$3,269
Property Tax (~2.1% TX avg)−$1,048
Insurance (~0.5%)−$250
Est. Monthly Cash Flow $-1,692

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 14, 2026.

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