701 Josephine ST, Austin, TX — photo 1
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This home is under contract and no longer accepting offers. The price below is the last listed price, kept for reference only — if the deal falls through it may return to the market.

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Last listed price
$2,295,000
5 beds4.5 baths3,516 sqft

701 Josephine ST, Austin TX 78704

MLS #245025450 · Zilker Properties of Austin · Peach Reynolds

Residential
Built in 2016
0.24 Acres Lot
$653/sqft

About this home

Perfectly positioned in Zilker's desirable northern pocket just minutes from downtown Austin, this exceptional 2016-built residence offers a rare combination of space, flexibility, and modern design on a 10,250-square-foot corner lot. With 3,516 square feet of total living space, a detached guest apartment, multiple living areas, and a highly functional floor plan, this home offers a level of versatility rarely found in 78704. The 2,975-square-foot main residence is designed for both everyday living and entertaining. The first floor features an open kitchen, dining, and living area with fireplace, dedicated office, sitting area with wet bar, and a spacious primary suite with its own fireplace, built-in storage, and convenient access from the walk-in closet to the laundry room. Upstairs, three additional bedrooms include a private guest suite with full bath and two bedrooms connected by a Jack-and-Jill bath. A second living area with built-in wet bar opens to a balcony with sweeping downtown views, and a second laundry hookup adds exceptional convenience. Above the detached two-car garage, the 541-square-foot guest apartment features its own private entrance from the side street, full kitchen, full bath, laundry closet, built-in storage, and screened balcony. Ideal for guests, multigenerational living, a private office, or rental income, the apartment has a proven history of successful rental use. The private courtyard-style backyard is designed for entertaining with an expansive deck, built-in fire pit, low-maintenance turf, and room to add a pool. Additional features include solar panels, standing-seam metal roof, natural gas generator, and EV charger. Located near Zilker Park, Barton Springs, the Hike-and-Bike Trail, S. Lamar's acclaimed restaurants, and downtown Austin, and zoned to Zilker Elementary, O. Henry Middle School, and Austin High, this is a rare opportunity to own a spacious, flexible home in one of Austin's most coveted neighborhoods!

Property details

Property type
Residential · SingleFamilyResidence
Status
Active
Year built
2016
Full baths
4
Half baths
1
Lot size
0.2353
Subdivision
Bluff View
MLS area
7
MLS #
245025450

Features

Interior features

  • Bidet
  • Built-in Features
  • Ceiling Fan(s)
  • High Ceilings
  • Granite Counters
  • Quartz Counters
  • Double Vanity
  • Gas Dryer Hookup
  • French Doors
  • High Speed Internet
  • Interior Steps
  • Kitchen Island
  • Multiple Living Areas
  • Open Floorplan
  • Pantry
  • Primary Bedroom on Main
  • Soaking Tub
  • Sound System
  • Study/Home Office
  • Walk-In Closet(s)
  • Washer Hookup
  • Wet Bar
  • Wired for Data
  • Wired for Sound

Exterior features

  • Balcony
  • Exterior Steps
  • Gas Grill
  • Gutters Full
  • Lighting
  • Private Yard

Additional details

Parking
Detached, Door-Multi, Electric Vehicle Charging Station(s), Garage, Garage Door Opener, Garage Faces Side, Private, Storage
Garage spaces
2
Roof
Metal
Foundation
Slab

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Schools

Assigned schools per the MLS.

School district
Austin ISD
Elementary
Zilker
Middle
O Henry
High
Austin

See Austin ISD schools & boundaries →

Market insights

Compared with 562 active homes in ZIP 78704 · HomeLocating listings

Area median price
$767,000
This home vs. median
199% above
Homes with a price cut
35%

At $2,295,000, this home is priced 199% above the $767,000 median across 562 active homes in ZIP 78704.

Estimated monthly payment

$16,004/mo
Principal & interest$11,605/mo
Property taxes (est.)
Home insurance (est.)

Home price

$2,295,000

Down payment

20% ($459,000)

Loan details

30-yr fixed, 6.50%

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Estimate only, not a lending offer or MLS data. Taxes, insurance, and HOA figures are estimated (see ⓘ above for detail); contact a lender to confirm your exact rate and payment.

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Listing courtesy of Zilker Properties of Austin · Peach Reynolds

Listing data last updated Sep 2, 2026, 1:16 PM

Information is deemed reliable but not guaranteed and should be independently verified. Listing information is provided for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 2026 HomeLocating.com.

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