704 W Elizabeth ST, Austin TX 78704
Austin, TX 78704 · South Heights
Single Family Residence for sale in South Heights
Overview
Property Description
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.
Financial Info
- Price
- $2,999,999
- $ / Sqft
- $862
- HOA
- None
- Tax Rate
- 2.0465%
- Est. Taxes
- $57,366
- Tax Year
- 2026
- Exemptions
- None
Legal Info
- Address
- 704 W Elizabeth ST
- County
- Travis
- City
- Austin
- State
- TX
- Zip
- 78704
- Subdivision
- South Heights
- Legal Description
- LOT 17 BLK 3 SOUTH HEIGHTS
- Parcel
- 01010110170000
Interior Features
- Floor
- Wood
- Num Living
- 2
- Dining
- 2
- Kitchen
- Breakfast Bar, Eat-in Kitchen, Kitchen Island
- Appliances
- Dishwasher, Gas Cooktop, Microwave, Oven, Refrigerator, Stainless Steel Appliance(s), Vented Exhaust Fan, Gas Water Heater
- Laundry
- Laundry Closet
- Master Bed
- 2 Primary Baths, Double Vanity
- Master Main
- No
- Fireplaces
- 1
- Fireplace Description
- Outside
- Interior Features
- 2 Primary Baths, Bookcases, Breakfast Bar, Built-in Features, Ceiling Fan(s), High Ceilings, Chandelier, Stone Counters, Double Vanity, Eat-in Kitchen, Entrance Foyer, Kitchen Island, Multiple Living Areas, Open Floorplan, Recessed Lighting, Soaking Tub, Stackable W/D Connections, Storage, Fire Alarm, ENERGY STAR Qualified Windows
General Info
- Beds
- 5 Total / 5 Other Level
- Full / Half Baths
- 5 / 1
- Prop Type
- Residential
- Property Type
- Single Family Residence
- Stories
- 3
- Year Built
- 2020 / Resale
- Square Feet
- 3,480 / Public Records
- Garages
- 2
- Garage Desc
- Enclosed, Garage
- Foundation
- Slab
- Roof
- Metal
- Construction
- Concrete, Frame, HardiPlank Type, Stucco
- Acres
- 0.13
- Lot Description
- Front Yard, Landscaped
- Restrictions
- See Remarks
- Flood Plain
- No
- View
- Downtown, Pool
- Water Access
- No
- Waterfront
- No
- Area
- 6
Utility Info
- Water
- Public
- Sewer
- Public Sewer
- Utilities
- Electricity Connected, Natural Gas Connected, Sewer Connected, Underground Utilities
- Heat
- Central
- A C
- Ceiling Fan(s), Central Air
Exterior Features
- Fence
- Fenced, Wood
- Exterior Features
- Balcony, Gutters Full, Private Yard, Covered, Patio
- Pool On Property
- Yes
- Area Amenities
- None
Price history
| Date | Event | Price | Change |
|---|---|---|---|
| Oct 29, 2026 | New Listing | — |
Taxes
TCAD account 101003
Uses rates from the supplied 2026 TCAD package. The file does not identify adopted or proposed status.
| Taxing Entity | Rate per $100 | Taxable Value | Estimated Tax |
|---|---|---|---|
| AUSTIN COMM COLL DIST | 0.103400 | $2,803,154 | $2,898.46 |
| AUSTIN ISD | 0.925200 | $2,803,154 | $25,934.78 |
| CITY OF AUSTIN | 0.524017 | $2,803,154 | $14,689.00 |
| TRAVIS COUNTY | 0.375845 | $2,803,154 | $10,535.51 |
| TRAVIS COUNTY HEALTHCARE DISTRICT | 0.118023 | $2,803,154 | $3,308.37 |
| Ordinary property tax estimate | 2.046485 | $57,366.12 |
Informational estimate, not a tax bill or taxes paid. Exemptions and tax ceilings can make taxes differ from the combined rate multiplied by one taxable value. PID assessments and other special charges are excluded; collector coverage has not been established.
Source: Travis County
Annual taxes billed are the Tax Imposed amounts reported in the latest available Travis Tax Office statement. Exemptions and tax ceilings may prevent combined rate × taxable value from equaling the billed amount. Other collectors or assessments may not be included.
| Year | Appraised Value | Combined Rate per $100 | Annual Taxes Billed |
|---|---|---|---|
| 2025 | — | 2.046485 | $57,912.28 |
| 2024 | — | 1.981814 | $55,592.45 |
| 2023 | — | 1.809247 | $52,740.37 |
| 2022 | — | 1.974923 | $59,797.37 |
| 2021 | — | 2.176679 | $24,539.98 |
| 2020 | — | 2.226665 | $12,270.24 |
Combined rates exclude PID placeholder rates. Historical amounts reflect the statement’s snapshot and may change after later corrections; they do not describe payment status. Appraisal values come from the legacy CAD source.
Schools
School Info
- District
- Austin ISD
- Elementary
- Zilker
- Middle
- Lively
- High
- Travis
Maps
Financing
Your preferences
- 20% down
- Conv/Jumbo
- 30 years
- 6.50% rate
Saved on this device
Estimated monthly payment
$22,451 / mo
20% down · 6.50% interest · 30-year fixed
Estimated monthly payment $22,451
- Principal & interest
- $15,170
- Property taxes
- $4,781
- Homeowners insurance
- $2,500
*PITI only
These figures are estimates for general information only — not a loan offer, a quote, or a guarantee of financing terms.
| Year | Starting balance | Principal paid | Interest paid | Ending balance | Principal vs interest |
|---|---|---|---|---|---|
| 1 | $2,399,999 | $26,825 | $155,210 | $2,373,174 | |
| 2 | $2,373,174 | $28,622 | $153,414 | $2,344,552 | |
| 3 | $2,344,552 | $30,539 | $151,497 | $2,314,013 | |
| 4 | $2,314,013 | $32,584 | $149,451 | $2,281,429 | |
| 5 | $2,281,429 | $34,766 | $147,269 | $2,246,663 | |
| 6 | $2,246,663 | $37,095 | $144,941 | $2,209,568 | |
| 7 | $2,209,568 | $39,579 | $142,457 | $2,169,989 | |
| 8 | $2,169,989 | $42,230 | $139,806 | $2,127,760 | |
| 9 | $2,127,760 | $45,058 | $136,978 | $2,082,702 | |
| 10 | $2,082,702 | $48,075 | $133,960 | $2,034,626 |
- Year 1$2,373,174
- Principal paid
- $26,825
- Interest paid
- $155,210
- Starting balance
- $2,399,999
- Year 2$2,344,552
- Principal paid
- $28,622
- Interest paid
- $153,414
- Starting balance
- $2,373,174
- Year 3$2,314,013
- Principal paid
- $30,539
- Interest paid
- $151,497
- Starting balance
- $2,344,552
- Year 4$2,281,429
- Principal paid
- $32,584
- Interest paid
- $149,451
- Starting balance
- $2,314,013
- Year 5$2,246,663
- Principal paid
- $34,766
- Interest paid
- $147,269
- Starting balance
- $2,281,429
- Year 6$2,209,568
- Principal paid
- $37,095
- Interest paid
- $144,941
- Starting balance
- $2,246,663
- Year 7$2,169,989
- Principal paid
- $39,579
- Interest paid
- $142,457
- Starting balance
- $2,209,568
- Year 8$2,127,760
- Principal paid
- $42,230
- Interest paid
- $139,806
- Starting balance
- $2,169,989
- Year 9$2,082,702
- Principal paid
- $45,058
- Interest paid
- $136,978
- Starting balance
- $2,127,760
- Year 10$2,034,626
- Principal paid
- $48,075
- Interest paid
- $133,960
- Starting balance
- $2,082,702
Nearby
Courtesy of Spyglass Realty · (512) 759-0889
Listings courtesy of ACTRIS as distributed by MLS GRID.