About This Home

The Addie is a gated community with great access to both downtown and the hill country. 702 Ariana Court is one of 12 townhomes and is the smallest unit available. The two car garage is on the lowest level and is prewired for an electric automobile charger. The kitchen, half bath, dining room and living room are on the second level overlooking the community. Two bedrooms, one used as a study/home office, two full baths and a laundry closet are on the third floor. Designer finishes throughout. Also great as a lock-and-leave. Beautifully designed.

At $511/sqft, this home is priced 31% 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

702 Ariana Ct, Austin, TX 78746

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Property Details

Price $720,000

Status Active Listing

Beds 2

Full Baths 2

Half Baths 1

Living Area 1,409 sqft

Lot Size 0.18 acres (8,036.82 sqft)

Year Built 2022

Garage 2 spaces

Stories ,

Type Residential · Townhouse

Subdivision The Addie

County Travis

Zip Code 78746

$/sqft $511/sqft

Days on Market ,

HOA $410.24/Monthly

Annual Tax Est. $11,070.69

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT228293544

List Date May 28, 2026

Elementary School Bridge Point

Middle School Hill Country

High School Westlake

School District ,

Have Questions About This Property?

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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

3505 Villa Ct #11
Villa Court $720,000 $390 3 bd / 3 ba 1,845 sqft , 2026-06-05

3200 Maywood Ave #A
Scenic Place Condo Amd $724,000 $420 3 bd / 3 ba 1,725 sqft , 2026-02-19

12513 Javea Dr
Avana Ph 2 Sec 1 $724,900 $389 3 bd / 3 ba 1,865 sqft , 2026-05-08

26 Maybury Way
Rough Hollow Condos $715,000 $397 3 bd / 3 ba 1,800 sqft , 2026-03-11

84 East Ave #3705
Historic Rainey District $715,000 $777 1 bd / 1 ba 920 sqft , 2026-07-30

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

$3,456/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

$144,000

20% conventional investment loan

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

Estimated Gross Rent+$3,456

Principal + Interest−$3,929

Property Tax (~2.1% TX avg)−$1,260

Insurance (~0.5%)−$300

Est. Monthly Cash Flow $-2,033

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

702 Ariana Ct

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Austin, TX

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