Active Listing  ·  0 days on market

2701 Richcreek Rd

Austin, TX 78757
$1,999,000
4 Bed 3 Bath 3,149 sqft $635/sqft Built 2022 0.21 acres 2-Car Garage Pool Allandale Park Sec 05

Built in 2022 by Paradisa Homes, 2701 Richcreek is a thoughtfully crafted Craftsman-style residence in the heart of Allandale, blending timeless architecture with modern luxury, technology, and exceptional indoor-outdoor living. Offering 4 beds, 3 baths, and 3,149 sqft on a 0.21-acre lot, the home welcomes you with a covered front porch and light-filled interiors designed for both everyday living and entertaining. At the heart of the home, the chef’s kitchen features a full Thermador appliance suite, shaker-style cabinetry, under-cabinet lighting, pot filler, quartz surfaces, and an oversized waterfall-edge island, while expansive glass doors seamlessly connect the living and dining spaces to the covered patio, outdoor kitchen, extended rear deck, and private backyard retreat. The main-level primary suite offers a generous walk-in closet and spa-inspired bath finished with floor-to-ceiling marble, a freestanding soaking tub, and oversized walk-in shower. Upstairs, a secondary living area and two spacious guest bedrooms provide added flexibility for family, guests, or work-from-home needs. Designed for year-round enjoyment, the backyard features a heated pool and spa, mature landscaping, lawn space, and multiple entertaining areas, further enhanced by a Shading Texas motorized tension-track screen system on the covered porch, manual pool cover, approximately 18-foot extended rear deck, full-home gutters with leaf protection, additional front-yard landscaping, and upgraded rock and planting beds along the driveway. Inside, all four bedrooms are equipped with solar-powered blackout shades, while additional features include intelligent home automation, surround-sound prewiring, exterior security cameras, Cat6 ethernet wiring, foam insulation, high-efficiency HVAC with Aprilaire fresh-air intake, tankless water heating, automatic irrigation, and a comprehensive multi-zone sprinkler and drip irrigation system serving the property. Additional details: www.2701Richcreek.com

At $635/sqft, this home is priced 62% 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

2701 Richcreek Rd, Austin, TX 78757

Property Details

Price $1,999,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 3,149 sqft
Lot Size 0.21 acres (9,008.21 sqft)
Year Built 2022
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Allandale Park Sec 05
County Travis
Zip Code 78757
$/sqft $635/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $32,960.32
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT246145462
List Date September 22, 2026
Elementary School Gullett
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
3309 Stardust Dr
Allandale Park Sec 04
$1,999,000 $713 5 bd / 4 ba 2,804 sqft , 2026-06-29
1521 Madison Ave
Crestview Add Sec 05
$1,998,500 $609 5 bd / 5 ba 3,281 sqft , 2026-06-16
2613 Geraghty Ave
Green Acres
$2,095,000 $667 5 bd / 4 ba 3,142 sqft , 2026-09-16
6100 Gena Ct
Allandale West Sec 05
$1,892,000 $600 4 bd / 4 ba 3,153 sqft , 2026-05-14
3703 Hidden Holw
Northwest Hills Northwest Oaks
$2,200,000 $965 4 bd / 3 ba 2,279 sqft , 2026-08-20

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
$9,595/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
$399,800
20% conventional investment loan

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

Estimated Gross Rent+$9,595
Principal + Interest−$10,909
Property Tax (~2.1% TX avg)−$3,498
Insurance (~0.5%)−$833
Est. Monthly Cash Flow $-5,645

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 →

Neighborhood Context

About Allandale

Allandale is North Central Austin's original family neighborhood - platted in the 1950s and shaped by decades of homeowners who chose it for its tree-lined streets, strong schools, and community identity. Bounded roughly by 45th Street to the south, Koenig Lane to the north, MoPac to the west, and Burnet Road to the east, it occupies one of Austin's most convenient locations.

The housing stock is predominantly 1950s to 60s brick ranch homes - modest footprints on generous lots, many with mature live oaks that took 60 years to grow. Renovated Allandale homes command significant premiums, while original-condition homes represent some of the last attainable entry points in North Central Austin. New custom construction is an increasing presence as teardown economics make sense at these lot values.

🍽️
Burnet Road Corridor

Allandale's eastern edge is lined with some of Austin's best independent restaurants, coffee shops, and bars. Uchi, Violet Crown Cinema, Foreign & Domestic, Epoch Coffee - all within walking distance of many Allandale addresses.

🌳
Mature Tree Canopy

Sixty years of live oak growth creates a canopy that makes Allandale feel noticeably cooler and quieter than newer Austin neighborhoods. The trees are a defining asset - and an Austin Heritage Tree protection means they're here to stay.

🏫
McCallum High School

McCallum is one of Austin ISD's most respected high schools - known for its Fine Arts Academy (one of the top performing arts magnet programs in Texas) and strong academics. It's a major draw for families with high school-age children.

🚶
Walkable Errands

Allandale residents walk to coffee, restaurants, a hardware store, and neighborhood shops on a regular basis. It's not a walk-everywhere neighborhood, but the Burnet Road corridor makes daily errands genuinely walkable from the eastern half of the neighborhood.

Full Allandale Guide →

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 22, 2026.

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