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.
Construction Materials: Cement Siding, Stone Veneer, Stucco
Exterior Features: Balcony, Gas Grill, Gutters Full, Lighting, Private Yard
Features
Direction Faces: West
Fencing: Back Yard, Wire, Wood
Patio And Porch Features: Covered, Deck, Front Porch, Rear Porch, Screened, Side Porch
View: City Lights
Measurements
Lot Features: Back Yard, Corner Lot, Front Yard, Garden, Near Public Transit, Sprinkler - Automatic, Sprinkler - Drip Only/Bubblers, Trees-Large (Over 40 Ft)
Lot Size Acres: 0.23
Lot Size Area: 0
Lot Size Square Feet: 10,249
Financial
Taxes
Parcel Number: 01030306040000
Tax Annual Amount: $28,253.98
Tax Assessed Value: $1,380,610.00
Tax Year: 2025
Interior
Features
Appliances: Bar Fridge, Built-In Gas Oven, Built-In Gas Range, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Gas Cooktop, Microwave, Oven, RNGHD, Free-Standing Refrigerator, Warming Drawer, Washer, Gas Water Heater, Wine Cooler
Fireplace Features: Bedroom, Family Room, Gas, Glass Doors, Ventless
Fireplaces Total: 2
Flooring: Wood
Interior Features: Bidet, Ceiling Fan(s), Granite Counters, Quartz Counters, Gas Dryer Hookup, Entrance Foyer, Interior Steps, Kitchen Island, Multiple Living Areas, Open Floorplan, Pantry, Primary Bedroom On Main, Soaking Tub, Sound System, Study/Home Office, Track Lighting, Walk-In Closet(s), Washer Hookup, Wet Bar, Wired For Data, Wired For Sound
Measurements
Living Area: 3,516
Living Area Source: Public Records
Rooms
Bathrooms Full: 4
Bathrooms Half: 1
Bathrooms Total Integer: 5
Bedrooms Total: 5
Main Level Bedrooms: 1
Other
Environmental
Green Energy Efficient: Appliances, Construction, Insulation, Solar Panel
Parking Features: Detached, Door-Multi, Electric Vehicle Charging Station(s), Garage, Garage Door Opener, Garage Faces Side, Private, Storage
Parking Total: 2
Schools
Elementary School
Elementary School: Zilker
Elementary School District: Austin ISD
High School
High School: Austin
High School District: Austin ISD
Middle or Junior School
Middle Or Junior School: O Henry
Middle Or Junior School District: Austin ISD
Utilities
Equipment
Cooling: Ceiling Fan(s), Central Air, ENERGY STAR Qualified Equipment, Multi Units
Heating: Fireplace(s), Forced Air, Natural Gas, Solar
Laundry Features: Gas Dryer Hookup, Washer Hookup
Sewer: Public Sewer
Utilities: Above Ground, Cable Available, Electricity Connected, Internet-Fiber, Natural Gas Connected, Sewer Available, Solar, Water Available
Water Source: Public
Frequently Asked Questions
How many bedrooms and bathrooms does this single-family home have?
There are 5 bedrooms and 5 bathrooms in this single-family home at 701 Josephine ST.
What schools are nearby to 701 Josephine ST?
Nearby schools include the Zilker Elementary School, O Henry Middle School, and Austin High School.
Does this single-family home have parking?
Yes, there are 2 parking spaces available for 701 Josephine ST.
What are the annual taxes for 701 Josephine ST?
Annual taxes for this single-family home are estimated at $28,253.
How does 701 Josephine ST compare to other single-family homes in Zilker?
This single-family home is listed 8% above the average price for single-family homes in Zilker and has been on the market for 71 less days than the typical home in this area.
What is the square footage on this single-family home?
According to the MLS, this listing is 3,516 sqft.
701 Josephine ST is a 5-bedroom, 5-bath single-family home for sale in Austin TX 78704. On Prevu for 0 days at $2,550,000. This property features 3,516 square feet of living space, located in Zilker. The median listing price for single-family homes in this area is $844,900. Nearby schools include Zilker Elementary School, O Henry Middle School, and Austin High School. Additional amenities include private outdoor space, dishwasher, air conditioning, parking, swimming pool, and washer/dryer. Browse more single-family home listings in Austin.
Based on information from ACTRIS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.