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.
Basic Property Information
<strong>Dwelling Size - </strong> 3,516 ft2
From Public Records
<strong>Year Built - </strong> 2016
<strong>Stories - </strong> Two
<strong>Foundation - </strong> Slab
<strong>Garage - </strong> 2
Detached, Door-Multi, Electric Vehicle Charging Station(s), Garage, Garage Door Opener, Garage Faces Side, Private, Storage
<strong>Roof - </strong> Metal
<strong>Lot Size Acres - </strong> 0.2353
<strong>Waterfront Features - </strong> None
Bedrooms - 5
<strong>Main Level Bedrooms - </strong> 1
<strong>Bathrooms - </strong> 4.5
<strong>Full - </strong> 4
<strong>Half - </strong> 1
<strong>Living Rooms - </strong> 2
<strong>Dining Rooms - </strong> 1
<strong>Fireplaces - </strong> 2
Bedroom, Family Room, Gas, Glass Doors, Ventless
<strong>Pool on Property- </strong> None
School District
<strong>School District - </strong> Austin ISD
<strong>Elementary - </strong> Zilker
<strong>Middle - </strong> O Henry
<strong>Senior High - </strong> Austin
Home Owners Association
Amenities and Features
Other Features
Balcony
Bar Fridge
Bidet
Built-In Gas Oven
Built-In Gas Range
Ceiling Fan(s)
Convection Oven
Cooktop
Dishwasher
Disposal
Dryer
Electrical Utility Available
Entrance Foyer
Free-Standing Refrigerator
Gas Cooktop
Gas Dryer Hookup
Gas Grill
Gas Water Heater
Granite Counters
Gutters Full
Has Garage
Interior Steps
Kitchen Island
Lighting
Microwave
Multiple Living Areas
Open Floorplan
Oven
Pantry
Primary Bedroom on Main
Private Yard
Quartz Counters
RNGHD
Soaking Tub
Sound System
Study/Home Office
Track Lighting
Walk-In Closet(s)
Warming Drawer
Washer
Washer Hookup
Wet Bar
Wine Cooler
Wired for Data
Wired for Sound
Utilities
Heating: Fireplace(s), Forced Air, Natural Gas, Solar Cooling: Ceiling Fan(s), Central Air, ENERGY STAR Qualified Equipment, Multi Units Above Ground, Cable Available, Electricity Connected, Internet-Fiber, Natural Gas Connected, Sewer Available, Solar, Water Available
Sewer: Public Sewer Water: Public
Additional Details
<strong>Faces - </strong> West
<strong>Flooring - </strong> Wood
<strong>View - </strong> City Lights
<strong>Lot Features - </strong> Back Yard, Corner Lot, Front Yard, Garden, Near Public Transit, Sprinkler - Automatic, Sprinkler - Drip Only/Bubblers, Trees-Large (Over 40 Ft)
<strong>Sellers Representative - </strong> Central Metro Realty
(512) 454-6873
<strong>Other Structures - </strong> None
<strong>Accessibility Features - </strong> Standby Generator, Accessible Washer/Dryer
<strong>Community Features - </strong> None
Walk Score
Based on information from the Austin Board of REALTORS® for the period 08/24/2026 through 08/24/2026. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied.
Space. Privacy. Acreage. Austin access. A rare opportunity to own a recently remodeled 4-b ...
Space. Privacy. Acreage. Austin access. A rare opportunity to own a recently remodeled 4-bedroom, 4-full-bath residence offering ±3,722 sq. ft. on ±5. ...
Life in The Grove at Steiner Ranch centers around quiet greenbelt views, morning coffee on ...
Life in The Grove at Steiner Ranch centers around quiet greenbelt views, morning coffee on the back patio, and quick trips down to Lake Austin or the local trai ...
LOOK AT THE NEW PRICE! YOU WILL BE THRILLED!!! LOCATION MAKES ALL THE DIFFERENCE! SOUTHWES ...
LOOK AT THE NEW PRICE! YOU WILL BE THRILLED!!! LOCATION MAKES ALL THE DIFFERENCE! SOUTHWEST AUSTIN IN THE 78745 ZIP NEAR MOPAC, BRODIE, SHOPPING, RESTAURANTS AN ...
Gorgeous east-facing Morrison-built executive home in the highly sought-after Creekside se ...
Gorgeous east-facing Morrison-built executive home in the highly sought-after Creekside section of Avery Ranch. 6 Bedrooms and 4 full baths offer ample flexibil ...
Experience luxury living in this exceptional newly constructed home in the highly sought-a ...
Experience luxury living in this exceptional newly constructed home in the highly sought-after Allandale neighborhood! Offering 5 bedrooms and 5.5 bathrooms, th ...
What if your next home puts you in the heart of Central Austin’s Allandale neighborhood, c ...
What if your next home puts you in the heart of Central Austin’s Allandale neighborhood, close to many local favorites and everyday conveniences? Welcome to 511 ...