Active Listing  ·  146 days on market

408 Linden None #B

Austin, TX 78702
$549,000
3 Bed 3 Bath 1,275 sqft $431/sqft Built 2026 0.16 acres Pool New Construction Hartwell Add

Welcome to Linden Residence. Built by renowned Blue Wizard Homes in partnership with Canedo Builders, both known for their exceptional craftsmanship and attention to detail, this stunning duplex residence sits on a desirable corner lot in the highly sought-after 78702 zip code of East Austin, offering walkable access to some of the city’s best restaurants, coffee shops, nightlife, and entertainment. Thoughtfully designed, this 3-bedroom, 2.5-bath home blends modern design with timeless finishes, making it an ideal opportunity for both homeowners and investors. The open-concept main living area is filled with natural light and showcases wide-plank wood flooring, designer lighting, and a beautifully appointed kitchen featuring custom cabinetry, sleek quartz countertops, stainless steel appliances, a stylish tile backsplash, and a striking wood-accented island perfect for entertaining. Large windows frame views of the neighborhood park across the street while creating a bright and airy atmosphere throughout the home. Upstairs, the spacious bedrooms offer comfort and privacy, while the well-designed bathrooms feature premium tile selections, modern vanities, and high-end fixtures. Enjoy outdoor living with a private fenced yard and balcony overlooking the park, providing a peaceful setting in the heart of the city. With covered parking, thoughtful storage spaces, and quality construction throughout, this home offers both style and functionality. Unit A is also available, presenting a rare opportunity to secure a prime investment in one of East Austin’s most desirable pockets. With no short-term rental restrictions, this property offers outstanding flexibility for STR, long-term rental, or owner occupancy and is backed by a 1-2-6 builder warranty for added peace of mind. A rare chance to own a beautifully crafted home in one of Austin’s fastest-growing and most vibrant neighborhoods.

At $431/sqft, this home is priced 10% 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

408 Linden None #B, Austin, TX 78702

Property Details

Price $549,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,275 sqft
Lot Size 0.16 acres (6,786.65 sqft)
Year Built 2026
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Hartwell Add
County Travis
Zip Code 78702
$/sqft $431/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT220804244
List Date March 11, 2026
Elementary School Govalle
Middle School Martin
High School Eastside 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 · March 11, 2026 $675,000
Previous ask $595,000
Current ask $549,000
Reduced $126,000 (-18.7%) 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
606 W Lynn St #21
West End Condo
$549,000 $479 2 bd / 3 ba 1,146 sqft , 2026-04-13
5921 Hiline Rd #1204
Waterfall On Lake Travis Condo
$549,000 $398 3 bd / 2 ba 1,379 sqft , 2026-01-09
219 Lessin Ln #10A
Post Road
$549,000 $477 2 bd / 3 ba 1,152 sqft , 2026-04-08
1600 Barton Springs Rd #5103
Bartonplace Condo
$549,000 $551 2 bd / 2 ba 997 sqft , 2026-05-08
3403 King St
Gypsy Grove
$549,000 $607 2 bd / 1 ba 905 sqft , 2026-05-11

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
$2,635/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
$109,800
20% conventional investment loan

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

Estimated Gross Rent+$2,635
Principal + Interest−$2,996
Property Tax (~2.1% TX avg)−$961
Insurance (~0.5%)−$229
Est. Monthly Cash Flow $-1,551

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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