Active Listing  ·  1 day on market

7711 Watson St #A

Austin, TX 78757
$349,900
2 Bed 1 Bath 768 sqft $456/sqft Built 1964 0.09 acres Pool 7711 Watson Street Condo

Set in the heart of Crestview, this updated 2-bedroom, 1-bath home combines a prime Central Austin location with an attractive price point. As the front residence, this detached home enjoys substantial separation from the back unit, along with the privacy of no shared walls, a fenced backyard, and the ease of low-maintenance living.

Originally built as a duplex, the property has been legally divided into two separately owned homes. Both residences are detached and sold independently. The rear home (Unit B) is also available, presenting a rare opportunity for investors, multi-generational living, or buyers hoping to own neighboring properties.

This 2-bedroom, 1-bath home features fresh interior and exterior paint, new light fixtures throughout, stainless steel appliances, and fresh landscaping. The privacy fenced yard offers secluded outdoor space beneath mature shade trees. For added peace of mind, all cast iron sewer plumbing has been replaced.

One of the neighborhood's greatest draws is its walkability—restaurants, coffee shops, shopping, parks, and everyday conveniences are all just moments away. Zoned to highly regarded schools, this Crestview gem offers an unbeatable combination of location, charm, and value, making it equally appealing as a primary residence, investment property, or short-term vacation rental.

The property has been professionally pre-inspected and thoughtfully prepared with today's buyers in mind.

At $456/sqft, this home is priced 16% above the Austin active market average of $392/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

7711 Watson St #A, Austin, TX 78757

Property Details

Price $349,900
Status Active Listing
Beds 2
Full Baths 1
Half Baths ,
Living Area 768 sqft
Lot Size 0.09 acres (3,767.94 sqft)
Year Built 1964
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision 7711 Watson Street Condo
County Travis
Zip Code 78757
$/sqft $456/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $6,300.45
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT242961841
List Date August 21, 2026
Elementary School Brentwood
Middle School Lamar (Austin ISD)
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
7711 Watson St #B
7711 Watson Street Condo
$349,900 $453 2 bd / 1 ba 772 sqft , 2026-07-02
8518 Brookfield Dr
Wooten Village Sec 03
$349,995 $374 2 bd / 1 ba 936 sqft , 2026-08-19
8417 Maine Dr
Colony North Sec 02
$349,000 $344 3 bd / 1 ba 1,014 sqft , 2026-07-23
507 Delmar Ave
St Johns Home Add
$335,000 $558 3 bd / 1 ba 600 sqft , 2026-05-05
1106 Chesapeake Dr
Jamestown Sec 02
$330,000 $328 3 bd / 1 ba 1,006 sqft , 2026-07-11

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
$1,680/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
$69,980
20% conventional investment loan

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

Estimated Gross Rent+$1,680
Principal + Interest−$1,910
Property Tax (~2.1% TX avg)−$612
Insurance (~0.5%)−$146
Est. Monthly Cash Flow $-988

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 22, 2026.

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