• 61 days on site
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Rarely does a property offer this much. Nestled in one of Austin’s most coveted neighborhoods, this stunning modern home delivers the ultimate 78704 lifestyle — walkable, flexible, and built for the way people actually live. Step outside and everything is there. Zilker Park, the Hike & Bike Trail, Eberly, Uchi, and Austin’s best events are all within easy reach. This is one of those addresses people wait years for. Inside, the main house is thoughtfully designed for comfort and versatility. The first-floor primary suite offers true main-level living, while three generously sized upstairs bedrooms — each with bathroom access — provide space for family, guests, or a work-from-home setup. A second living area with a built-in wet bar and an outdoor deck/balcony with sweeping downtown views. The largest upstairs bedroom is configured as a second primary suite, complete with a second laundry hook-up in the closet. The income potential here is exceptional. A fully self-contained apartment above the two-car garage — with its own bedroom, bathroom, full kitchen, living area, laundry, and private screened porch — opens the door to short-term rental income, a long-term tenant, or the perfect private retreat for family or a home office. The property has an established history of successful rentals for both the main house and the apartment. Smart, low-maintenance, and built to last. Solar panels on a metal roof keep energy bills low, while an inline natural gas generator ensures you’re never left in the dark. Out front and in the private fenced back yard, lush artificial turf stays pristine year-round — no irrigation headaches, no brown patches, just clean curb appeal in every season. 701 Josephine is more than a home — it’s a platform. Live in it fully, offset your mortgage with rental income, or do both. Opportunities like this in Zilker don’t come around often.

Source: Austin MLS, MLS#: 3471322

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  • Property Type
    Residential
  • Lot
    0.24 acres

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Pamela Buske

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 701 Josephine ST


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/22/2026Source: Austin MLS Price Reduction
$2,450,000 -3.9%
4/30/2026Source: Austin MLS Added to Database
April 30, 2026
Listing provided courtesy of Central Metro Realty- MLS# 3471322MLS Provider