Active Listing  ·  126 days on market

401 N Bluff Dr #16101

Austin, TX 78745
$455,000
2 Bed 3 Bath 1,343 sqft $339/sqft Built 2026 Pool New Construction Cannon West

*Additional units available! Reach out for full inventory. 33 unit community, only 14 units remaining. Offering a limited-time $10,000 seller flex credit - use it toward a rate buydown, closing costs, or to customize the purchase to fit your needs!* Located within a thoughtfully designed South Austin community, North Bluff Residences, this fully detached residence offers a more private, elevated take on low-maintenance living - just minutes from South Congress and the best of Austin’s dining, shopping, and entertainment. As a standalone home, it lives more like a single-family property, with added separation, increased natural light, and a quieter, more secluded feel within the community.

Inside, the same well-designed 1,343 square foot floor plan features an open-concept layout with expansive 8-foot windows that create a bright, airy atmosphere throughout. The kitchen is outfitted with Energy Star appliances and opens seamlessly to the main living and dining areas, making it equally suited for everyday living and entertaining. A second living area on the upper level provides added flexibility for a home office, media space, or lounge. A smart thermostat enhances comfort and efficiency, while a Ring security doorbell at the front entrance adds an extra layer of convenience and peace of mind.

Thoughtful design details carry throughout, including a primary suite with soaring vaulted ceilings, double closets, and views of surrounding greenery - maximizing both space and livability. The private yard - maintained by the HOA - offers outdoor space without the upkeep, and the attached carport adds convenience. For buyers seeking a more independent feel without sacrificing location or ease of ownership, this detached home stands out as a premium opportunity within one of South Austin’s most accessible communities.

At $339/sqft, this home is 14% below the Austin active market average of $392/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

401 N Bluff Dr #16101, Austin, TX 78745

Property Details

Price $455,000
Status Active Listing
Beds 2
Full Baths 2
Half Baths 1
Living Area 1,343 sqft
Lot Size ,
Year Built 2026
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Cannon West
County Travis
Zip Code 78745
$/sqft $339/sqft
Days on Market ,
HOA $220/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT221676584
List Date April 20, 2026
Elementary School Pleasant Hill
Middle School Bedichek
High School Crockett
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
5803 Eureka Dr
Oasis Village Sec 03
$450,000 $355 3 bd / 2 ba 1,269 sqft , 2026-07-03
7108 Shadywood Dr
Meadowcreek Sec 03 Ph 01-A
$449,000 $288 3 bd / 3 ba 1,557 sqft , 2026-08-20
509 Westmorland Dr
Greenwood Hills Sec 06
$445,000 $371 3 bd / 2 ba 1,199 sqft , 2026-07-03
7206 Shadywood Dr
Meadow Creek Sec 01
$445,000 $368 3 bd / 2 ba 1,208 sqft , 2026-08-12
602 Old Stone Rd
Battle Bend Spgs Sec 03
$465,000 $365 3 bd / 2 ba 1,275 sqft , 2026-04-16

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
$2,184/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
$91,000
20% conventional investment loan

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

Estimated Gross Rent+$2,184
Principal + Interest−$2,483
Property Tax (~2.1% TX avg)−$796
Insurance (~0.5%)−$190
Est. Monthly Cash Flow $-1,285

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 April 26, 2026.

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