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$2,999,999

704 W Elizabeth St 1 & 2, Austin, TX, 78704

On MarketInfo
Just AddedInfo
Beds5 Beds
Baths6 Bath
Baths3,480 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$862.07 / sqft
Year BuiltBuilt in 2020

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms 6Bathrooms 6
AppliancesDishwasher, Gas Cooktop, Gas Water Heater, Microwave, Oven, Refrigerator, Stainless Steel Appliances, Vented Exhaust Fan
FlooringWood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Private Yard, Rain Gutters

Building Information

Garage Spaces2

About this property

Experience modern luxury and established investment potential in Austin’s highly sought-after Bouldin Creek neighborhood. Currently operating as a successful short-term rental through Airbnb and VRBO, this exceptional property offers a proven rental history, strong guest demand, and impressive booking performance. Designed by Joseph Design Build, the property features two distinct residences, seamlessly blending architectural elegance, privacy, and versatility with continued rental opportunities. Featuring a combined 6 bedrooms and 5.5 bathrooms, the property is defined by soaring ceilings, expansive walls of glass, abundant natural light, and thoughtfully curated living spaces. The main residence features an open-concept design, a chef-inspired kitchen with premium appliances and refined finishes, and a luxurious primary suite with a soaking tub and walk-in shower. The detached guest residence offers its own private entrance and garage, providing flexibility for multigenerational living, extended guests, or continued rental use while maintaining privacy between residences. Outdoors, a secluded retreat awaits with a sparkling swimming pool, two hot tubs, lush landscaping, intimate courtyards, and a covered patio with a fireplace. Thoughtfully designed for relaxation and entertaining, these spaces create an effortless indoor-outdoor living experience. Ideally situated minutes from Downtown Austin, South Congress, and Lady Bird Lake, the property offers convenient access to acclaimed dining, boutique shopping, entertainment, and outdoor recreation. Whether envisioned as a luxury primary residence, multigenerational estate, or established income-producing investment, this remarkable property presents a rare opportunity to enjoy sophisticated living and documented rental performance in one of Austin’s most desirable neighborhoods. STR performance information available to qualified buyers upon request.

Investor Tools

$0Estimated Mortgage Balance
$2,999,999Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$18,000 /month
Positive
Cash Flow Estimate:
$6,000 /month

Interested in this property?

Caitlin McLean

Spyglass Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

City: Austin

704 W Elizabeth St 1 & 2 | Property Details | No Agent List