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5 Beds
6 Baths
3,480 sqft

$2,999,999

704 W Elizabeth ST # 2 Unit: 1 & 2, Austin TX, 78704

Price per sqft$862.07
Built in2020
Property size3,480 sqft
Property typeResidential
Courtesy of Spyglass Realty, Caitlin McLean Listing Contact: (512) 970-6755

Overview

Active

Listed Oct 29, 2026

Updated 3h ago

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.

$19,959/mo

Est. mortgage payment based on a $2,999,999 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
1687164

Interior Features

Bedrooms
5
Bathrooms
6
Fireplace
Yes
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.13 Acres

Other Property Details

Taxes
$57,912
Tax Frequency
Annually
Garage
Yes
View
Yes
Pool
Yes
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Listings courtesy of Austin/Central Texas Realty Information Service as distributed by MLS GRID

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Based on information submitted to the MLS GRID as of 3:12 AM UTC on 10/30/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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