Active Listing  ·  354 days on market

711 Jewell St #A & B

Austin, TX 78704
$2,250,000
4 Bed 3 Bath 1,678 sqft $1,341/sqft Built 1933 0.14 acres Pool Smith R G

Presenting an extraordinary opportunity with panoramic views just minutes from downtown Austin. One of the best vantage points in the heart of vibrant and highly sought-after Bouldin Creek, 711 Jewell is nestled on a quiet dead-end street that provides a seamless balance between privacy and walkability. Unrivaled potential to build your dream home, the lot can support a multi-level 4500sqft single family residence with multiple terraces and underground parking - witness every sunrise and sunset with Austin's skyline perfectly framed from the primary bedroom. Surrounded by Austin's top destinations and restaurants - Jewell is the only street in Bouldin with both no thru traffic and walking access to South 1st, making this property an incredibly unique location within 78704. Walk score of 88 and 1 mile from the Auditorium Shores Hike and Bike Trail. Trees at the front of property line can be removed to further enhance the view. Property currently features two charming bungalows. Engineering/soil report and additional renderings available upon request. Video rendering can be viewed here: https://rb.gy/7c1sbn Don’t miss your chance to build one of the most spectacular homes in all of Bouldin!

At $1,341/sqft, this home is priced 241% above the Austin active market average of $393/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

711 Jewell St #A & B, Austin, TX 78704

Property Details

Price $2,250,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 1,678 sqft
Lot Size 0.14 acres (6,281.35 sqft)
Year Built 1933
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Smith R G
County Travis
Zip Code 78704
$/sqft $1,341/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $17,912.8
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT207431841
List Date October 3, 2025
Elementary School Becker
Middle School Lively
High School Travis
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
1317 Newning Ave
Michaels Fairview Park 02
$1,999,500 $999 3 bd / 1 ba 2,002 sqft , 2026-04-10
2209 S 1st St #401
One Oak Condominiums
$1,849,000 $919 3 bd / 3 ba 2,013 sqft , 2026-09-18

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
$10,800/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
$450,000
20% conventional investment loan

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

Estimated Gross Rent+$10,800
Principal + Interest−$12,279
Property Tax (~2.1% TX avg)−$3,938
Insurance (~0.5%)−$938
Est. Monthly Cash Flow $-6,355

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 June 18, 2026.

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