ActiveResidential · sale

708 Upson St

Austin, TX 78703

$1,695,000

  • 4 beds
  • 3 baths
  • 2,910 sq ft
  • 0.14 acres
  • Built 1935

Listed by Resident Realty, LTD. · MLS #ACT4985863

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PROPERTY QUESTIONS & SHOWINGS

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708 Upson St, Austin, TX 78703 · MLS #ACT4985863

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A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 1935.

Garage parking

1 garage spaces listed.

Property size

0.14 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Rare opportunity to own a fully remodeled home in one of Central Austin’s most desirable locations—within walking distance of Zilker Park, Lady Bird Lake, Deep Eddy Pool, & numerous neighborhood restaurants & gathering spots.

Tucked away on a quiet dead-end street, this beautifully updated 4-bedroom, 3-bath home combines high-end finishes with the outdoor lifestyle that defines the iconic Deep Eddy area. A wall of mature greenbelt trees creates an exceptional level of privacy & a peaceful backdrop that feels removed from the city, yet the home remains right in the heart of Austin.

Beautiful flooring flows throughout the light-filled, open-concept layout. The stunning kitchen is designed for entertaining & features a generous quartzite island, Thermador appliances, & a professional-grade cooktop. Two distinct living spaces include a vibrant main living area & a separate movie theater room tucked quietly toward the back of the home.

The entire upper level is dedicated to the expansive primary suite—a sun-filled retreat with soaring ceilings & a spa-like bathroom featuring a luxurious soaking tub. The main level also includes a secondary bedroom with a playful built-in loft, along with an abundance of storage throughout the home.

A convenient mudroom connects the main living areas to the attached garage, which is equipped with an EV charger. Private alley access and a separate rear entrance provide incredible flexibility, including the potential for an owner-occupied short-term rental opportunity, subject to all required applications, permits, and licensing.

The alley also reveals one of the property’s best-kept secrets: an impressive view of the downtown Austin skyline.

Zoned to highly regarded schools, including Casis Elementary, and offering easy access to MoPac and downtown, this exceptional property delivers a rare combination of modern luxury, privacy, walkability, greenbelt serenity, and income-producing potential. Furnishings are negotiable!

Upcoming open houses

–9:00 pm · Confirm the schedule with the listing team.

THE NEIGHBORHOOD

Explore the location.

708 Upson St, Austin, TX 78703

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LOCAL MARKET CONTEXT

Travis County housing market

See the broader conditions surrounding this property through ERA Brokers Consolidated research.

12-month price trend$505,893Down 1.5% vs. the previous 12 months
Months of supply5.612-month average
Days on market8412-month weighted average

These figures describe the broader reporting area and do not determine this property’s value, condition, availability, or likely sale price.

THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1935
Full baths
3
Half baths
0
Garage spaces
1
Cooling
Ceiling Fan(s), Central Air
Heating
Central
Appliances
Built-In Oven(s), Built-In Refrigerator, Dishwasher, Disposal, Dryer, Exhaust Fan, Gas Cooktop, Gas Range, Microwave, RNGHD, Refrigerator, Stainless Steel Appliance(s), Washer, Tankless Water Heater, Wine Cooler
Flooring
Tile, Wood
Fencing
Fenced, Gate
Accessibility
None
Pool features
None
Subdivision
Deep Eddy Heights
Parcel
01100605370000
Elementary school
Casis
Middle school
O Henry
High school
Austin
Annual property tax
$28,962.80

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase$2,698.64
Estimated monthly rent$7,062.50
Cap rate2.16%

Annual operating income: $36,621.20

HOA: No HOA cost is included because the listing source does not report one. Confirm whether HOA dues apply before relying on this estimate.

Have ERA review this rental estimate

Your property and current assumptions will be included for our team to review.

Adjust assumptions
Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
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LOCAL PEOPLE. SHARED COMMITMENT.

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Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

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Listing information

MLS #ACT4985863 · Austin Board of Realtors

Listing brokerage: Resident Realty, LTD.
Listing agent: Kim Sherman

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.