704 W Elizabeth St # 1 & 2
Austin, TX, 78704 $ 2,999,999
Bedrooms5 Baths5.1 Sq 3,480 Monthly Estimate*
$ 20,720
for $2,999,999 with 5 bedrooms and 5 full baths, 1 half bath. This 3,480 square foot home was built in 2020 on a lot size of 0.1339.
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.
See more
FeaturesGeneralLiving Area 3480
Sewer Public Sewer
Heating Central
Cooling Ceiling Fan(s) Central Air
Utilities Electricity Connected Natural Gas Connected Sewer Connected Underground Utilities
Roof Metal
Appliances Dishwasher Gas Cooktop Microwave Oven Refrigerator Stainless Steel Appliance(s) Vented Exhaust Fan Water Heater
Garage Spaces 2
Patio/Porch Features Covered Patio
Pool Features In Ground Pool/Spa Combo
Security Features Fire Alarm
Construction Materials Concrete Frame HardiPlank Type Stucco
Year Built 2020
View Downtown Pool
Levels Three Or More
Unit Number 1 & 2
Property Subtype Single Family Residence
Tax Year 2026
Waterfront Features None
Community Features None
Accessibility None
County Travis
New Construction N
Property Type Residential
HOA N
Energy Efficient None
Subdivision Name South Heights
Facing Direction South
Green Sustainability None
Other Structures Guest House
Full Baths 5
Status Active
Directions Take Elizabeth west from South 1st street
High School Travis
City Austin
Disclosures Seller Disclosure
MLS Area 6
Lot Size Square Feet 5832.68
Elementary School Zilker
Tax Annual Amount 57912
Middle/Junior High School Lively
Property Condition Resale
Additional Parcels Y/N N
Builder Name Joseph Design Build
Standard Status Active
Year Built Source Public Records
Tax Assessed Value 2803154
See more
InteriorInterior Amenities Two Primary Baths Bookcases Breakfast Bar Built-in Features Ceiling Fan(s) Ceiling-High Chandelier Stone Counters Double Vanity Eat-in Kitchen Entrance Foyer Kitchen Island Multiple Living Areas Open
Flooring Wood
Total Fireplaces 1
Fireplace Features Outside
Window Features ENERGY STAR Qualified Windows
Half Baths 1
Total Bedrooms 5
Main Level Bedrooms 0
Total Baths 6
See more
ExteriorExterior Amenities Balcony Gutters Full Private Yard
Fencing Fenced Wood
Parking Features Enclosed Garage
Lot Features Front Yard Landscaped
Water Source Public
Total Parking 2
Foundation Details Slab
Lot Size Acres 0.1339
Waterfront Y/N N
Covered Spaces 2
Horse Y/N N
Horse Amenities None
See more
* Excluded FeaturesList ByCaitlin McLeanListing Agent
Caitlin@spyglassrealty.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $20,720
- Monthly Property Taxes
- $4,826
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Austin, TX
Average List Price $959,447
Percent of Sale Price 68%
About Austin, TX 937,069 Population
36% Since 2002
$ 66,040 Median Income
34.22 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
4360221 Elementary School
4360250 Middle School
Travis High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/29/2026 | $2,999,999 | | Listed Price |