Active Listing  ·  10 days on market

708 Keasbey St

Austin, TX 78751
$625,000
3 Bed 2 Bath 1,170 sqft $534/sqft Built 1946 0.12 acres 1-Car Garage Pool Ridgetop Annex

Incredible opportunity for your own home in one of Central Austin's most beloved neighborhoods. Live in this beautiful house or use the full size lot for your dreams and imagination. This rare 3 Bedroom 2 Bath home even comes with a detached private garage with alley access allowing for front and back parking. The garage has the convenience of a washer and dryer too. As you step inside you are greeted by tons of natural light and original hardwood floors. It features central a/c, updated windows, new water heater, and stainless steel appliances. Convenient floorplan with 2 bedrooms and full bath up front with the other bedroom/bath in back. Step out to your composite decked patio and enjoy the private zeroscape yard with beautiful lighting for those evening get togethers. Come see this lovely home so close to all the shopping, food, Hancock Park, and Downtown Austin has to offer.

At $534/sqft, this home is priced 37% 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

708 Keasbey St, Austin, TX 78751

Property Details

Price $625,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,170 sqft
Lot Size 0.12 acres (5,235.91 sqft)
Year Built 1946
Garage 1 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Ridgetop Annex
County Travis
Zip Code 78751
$/sqft $534/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $10,519.12
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT243218514
List Date August 13, 2026
Elementary School Lee
Middle School Kealing
High School McCallum
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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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
1011 E 38th 1/2 St
Plainview Heights
$615,000 $434 3 bd / 2 ba 1,418 sqft , 2026-08-06
5303 Avenue H None
Highlands
$600,000 $735 2 bd / 1 ba 816 sqft , 2026-08-14
1028 E 43rd St
Country Club Terrace
$599,000 $551 3 bd / 2 ba 1,088 sqft , 2026-06-26
400 W 51st St #A
400 & 402 West 51st Street Con
$675,000 $445 3 bd / 3 ba 1,516 sqft , 2026-05-11
400 W 51 St #A
400 & 402 West 51st Street Con
$675,000 $445 3 bd / 3 ba 1,516 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
$3,000/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
$125,000
20% conventional investment loan

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

Estimated Gross Rent+$3,000
Principal + Interest−$3,411
Property Tax (~2.1% TX avg)−$1,094
Insurance (~0.5%)−$260
Est. Monthly Cash Flow $-1,765

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 August 17, 2026.

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