Active · MLS# 1687164

704 W Elizabeth St #1 & 2

Austin, TX, 78704

$2,999,999

5 Beds · 6 Baths · 3,480 SF · $862/SF

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.

Property Details

Property type

Single Family Residence

Living area

3,480 sq ft

Bedrooms

5

Bathrooms

5 full · 1 half

Year built

2020

Lot size

0.1339 acres

Garage

2 spaces

Subdivision

South Heights

County

Travis

Annual taxes

$57,912

Pool

Private pool

Schools

Elementary

Zilker

Middle

Lively

High

Travis

Features

Interior

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

Exterior

Balcony · Gutters Full · Private Yard

Flooring

Wood

Heating

Central

Cooling

Ceiling Fan(s) · Central Air

Views

Downtown · Pool

Property location

Explore the neighborhood

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

Get directions

Map location is approximate. Confirm boundaries, schools and travel times independently.

Listing courtesy of Caitlin McLean, Spyglass Realty. Information is provided by Unlock MLS (Austin Board of Realtors) and is deemed reliable but not guaranteed. Adrian Salas is not the listing agent for this property unless otherwise stated.