Active Listing  ·  5 days on market

2316 W 7th St

Austin, TX 78703
$2,495,000
4 Bed 3 Bath 2,627 sqft $950/sqft Built 2023 0.14 acres 2-Car Garage Pool Timberlake Add

Exceptional design meets one of Austin’s most coveted central neighborhoods at this striking Deep Eddy residence, designed by acclaimed architect Steve Zagorski and built by Waldrop Beckworth. Just minutes from Downtown Austin, the home pairs contemporary architecture with warmth and character through a distinctive blend of stucco, metal, and Douglas fir accents.

Filled with natural light, the home was thoughtfully designed to create an effortless connection between indoor and outdoor living. At its heart, an expansive open-concept kitchen, dining, and living area is framed by views of the pool and outdoor spaces, creating an inviting setting for both everyday living and entertaining.

The primary suite offers a private retreat with a spa-inspired bath featuring a double vanity, oversized walk-in shower, and custom-designed closet. Upstairs, a versatile second living area provides valuable additional space and is perfectly suited for a home gym, media room, game room, or lounge. The second floor also opens to its own outdoor patio, extending the living space outside and offering another place to relax, entertain, or enjoy Austin’s year-round outdoor lifestyle.

Thoughtful architectural details, abundant natural light, and carefully considered sightlines carry throughout the home, while the pool and surrounding outdoor areas create a private setting for entertaining or unwinding.

The Deep Eddy location is equally compelling. Enjoy convenient access to Lady Bird Lake and the hike-and-bike trail, Lake Austin, Lions Municipal Golf Course, Zilker Park, Deep Eddy Pool, and some of Austin’s favorite restaurants, coffee shops, and neighborhood destinations—all while being just minutes from Downtown.

A rare opportunity to own a thoughtfully designed architectural home with a pool in the heart of Central Austin, combining distinctive design, flexible living spaces, exceptional indoor-outdoor living, and one of the city’s most desirable locations.

At $950/sqft, this home is priced 142% 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

2316 W 7th St, Austin, TX 78703

Property Details

Price $2,495,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,627 sqft
Lot Size 0.14 acres (6,229.08 sqft)
Year Built 2023
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Timberlake Add
County Travis
Zip Code 78703
$/sqft $950/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $36,867.98
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT247122561
List Date September 17, 2026
Elementary School Casis
Middle School O Henry
High School Austin
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.

Schedule a Call →

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
1609 W 12th St
Clarksville
$2,495,000 $868 4 bd / 4 ba 2,875 sqft , 2026-08-16
4901 Timberline Dr
Timberline Terrace Sec 01
$2,299,900 $939 3 bd / 3 ba 2,449 sqft , 2026-07-31
2101 Stamford Ln
Westfield A
$2,250,000 $791 4 bd / 4 ba 2,846 sqft , 2026-09-02
1309 W 10th St
Hancock
$2,100,000 $758 4 bd / 4 ba 2,769 sqft , 2026-08-06
1803 Palma Plz
Enfield H
$2,995,000 $1,045 4 bd / 4 ba 2,866 sqft , 2026-06-01

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
$11,976/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
$499,000
20% conventional investment loan

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

Estimated Gross Rent+$11,976
Principal + Interest−$13,616
Property Tax (~2.1% TX avg)−$4,366
Insurance (~0.5%)−$1,040
Est. Monthly Cash Flow $-7,046

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 September 19, 2026.

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