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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.
Property Type
Residential
Year Built
2016
Lot Size
0.24 acres
$/Sq Ft
$725
Garage
2 spaces
Listed by Central Metro Realty
Verified property facts
701 Josephine ST is listed at $2,550,000 with 5 bedrooms, 4 full, 1 half bathrooms, 3,516 square feet, 0.24-acre lot. This places it above the 78704 median of $1,090,000.
701 Josephine ST is zoned for Austin ISD with assigned schools: Zilker (elementary), O Henry (middle), Austin (high). School assignments should be verified directly with the district.
701 Josephine ST is in Zilker, Austin, Texas. See the full [Zilker neighborhood guide](/neighborhoods/zilker-austin) for market data, schools, and lifestyle details.
701 Josephine ST is a Residential built in 2016 featuring 5 bedrooms, 4 full, 1 half bathrooms, 3,516 square feet, 0.24-acre lot.
701 Josephine ST is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Best Match
Balanced against price, location, and layout so nearby lookalikes rise first. Similar properties in Bluff View
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
Listed with current price, original ask, and market time.
Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility. Ratings from GreatSchools.org.
20% ($510K)
$2,550,000
Luxury property intelligence
A sourced read on Zilker pricing, timing, and property scale. No automated valuation claim.
List price
$2,550,000
Price per sqft
$725/sqft
Vs. Zilker median
Not available
Days on market
33 days
Original to current
No verified reduction
$2.6M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 2, 2026.
Request Private Market AnalysisLifestyle, schools, market context, and homes in Zilker
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Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
The most recent annual property tax for 701 Josephine ST is $28,254. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
With 20% down ($510,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 701 Josephine ST is around $15,586 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $2,550,000, 701 Josephine ST is in the Zilker market where there are currently 166 active listings in 78704. The Keenan Group has completed 46 transactions in 78704 as part of 1,000+ career sales totaling $1B+ across Austin. For a detailed market analysis, see our [Zilker guide](/neighborhoods/zilker-austin).
701 Josephine ST was built in 2016, making it 10 years old with relatively recent construction.
701 Josephine ST includes verified waterfront access: None. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
Zilker is one of Austin's established neighborhoods, zoned for Austin ISD in the 78704 area. The Keenan Group has specialized in Zilker real estate for 25+ years with 1,000+ career transactions. Contact (512) 415-7653 for current market conditions and available homes.
Source: Keenan Group at Compass Real Estate, #1 Austin Board of Realtors Team (2024)
1 event on record
Current Price
$2,550,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
Neighborhood guide and local insights
Zilker is the only neighborhood in Austin where you can complete an entire day - morning run, afternoon swim, evening dinner - without ever sitting in a car. The Butler Trail starts at your doorstep. Barton Springs Pool is a walk across the park. Barton Springs Road has enough restaurants to fill a week. That car-free possibility is not a marketing pitch. People here actually live that way. The neighborhood sits south of Lady Bird Lake, bounded by MoPac west, Lamar east, Barton Skyway south, and the lake north. Zilker Park, the 351-acre green space, occupies the northeast corner where Barton Creek meets the lake. Downtown is across the Lamar or First Street bridge, five to ten minutes and entirely bikeable. Terry Black's serves competition-grade barbecue. Odd Duck does seasonal small plates. Uchi is widely considered one of the best Japanese restaurants in the country. Juliet Italian Kitchen handles the neighborhood spot role. Loro does Thai-inspired barbecue. Tiki Tatsu-Ya turns a strip mall into an immersive experience. Nido at The Loren brings hotel-level dining to the south end. Craftsman bungalows from the 1930s anchor many streets with covered porches and mature pecans. Mid-Century Ranch homes fill blocks closer to Barton Skyway. Contemporary builds have replaced many originals, especially near the park and trail. A block might have three bungalows, a Ranch, and two new contemporaries side by side. Prices start around $800,000 for a small bungalow needing work and climb past $3 million for new construction with park proximity. The median hovers around $1.3 million. Lots are modest, typically 5,000 to 8,000 square feet. Zilker Elementary has a devoted parent community that has invested through fundraising and advocacy, with a strong arts program. Students feed into O. Henry Middle School and Austin High School, located directly on Lady Bird Lake with an unusual campus setting for an urban school. Families who choose Zilker schools value walkability, diversity, and community engagement over the metrics-driven approach of some suburban districts. A typical weekday starts with a morning run on the Butler Trail, which loops around Lady Bird Lake. Midday might include Barton Springs Pool, the three-acre spring-fed pool that stays 68 degrees year-round. The Barton Creek Greenbelt is accessible from multiple trailheads. The Violet Crown Trail pushes south into the Hill Country. Zilker Park hosts ACL in October and Trail of Lights in December, but the rest of the year it is a neighborhood park: soccer games, picnics, paddleboard launches, and a botanical garden. Zilker competes with Travis Heights, Bouldin Creek, and Barton Hills. Travis Heights has similar character but sits farther from the park and trail system. Bouldin Creek is quieter with lower prices but lacks direct park adjacency. Barton Hills offers more space but requires driving to dining. Zilker's advantage is the combination of park access, trail access, restaurant walkability, and downtown proximity that no other neighborhood matches simultaneously. Zilker is for buyers who want a car-optional lifestyle in the center of Austin's best outdoor amenities. It works for active couples, families who want kids growing up at Barton Springs, and anyone who measures quality of life in trail miles and walkable restaurants rather than square footage and garage bays.
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