$2,850,000
704 W Elizabeth ST 1 & 2, Austin, TX, 78704
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About this property
Two homes, one lot in unbeatable location! This modern showpiece in the heart of Bouldin Creek was built by highly renowned Joseph Design Build. The 2,358 SF main home features clean lines, soaring ceilings, walls of windows, and an open layout with seamless indoor-outdoor flow. A front-facing pool and spa create an unforgettable first impression, while the living room opens to a covered patio with fireplace—ideal for entertaining. The sleek chef’s kitchen includes high-end appliances, modern cabinetry, and a large island. A separate 892 SF ADU with alley access offers a private entrance, fenced yard, and one-car garage—perfect for guests or rental income. Unbeatable location just minutes from downtown and steps to the best of South 1st and South Congress. HUGE Airbnb potential for over $200K a year in income based on current numbers.
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Learn About the Market: Opportunity in Austin




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Austin
Austin may be the Live Music Capital of the World, but it’s also one of America’s fastest-growing innovation hubs. Fueled by tech expansion, the University of Texas, state government, and a steady influx of new residents, Austin blends startup energy with Hill Country charm.
From downtown high-rises overlooking Lady Bird Lake to booming suburbs like Round Rock and Leander, the region attracts younger professionals, entrepreneurs, and remote workers seeking opportunity with lifestyle. Austin isn’t just growing — it’s redefining what modern Texas looks like.
Population Growth
~0.4%
Net Migration
Positive
Median Home Price
$555,300
Unemployment Rate
3.20%
Price Trend
~0.4% YoY growth
New Permits
2,269 units
City: Austin
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