Best New Construction Homes Near Downtown Austin (Without the $2M Price Tag)
Looking for a new construction home in Austin — without the 45-minute drive to downtown?
You're not alone. One of the most common questions I get is:
“Where can I find a brand new home close to downtown Austin that doesn’t cost $2 million?”
In this post, I break down the top neighborhoods and real estate options for new construction homes near downtown Austin, including both single-family homes and modern A/B units — all within minutes of the city center.
Why New Construction Near Downtown Austin Is Rare — and Pricier
Downtown Austin is already heavily developed, which means there’s very little vacant land left. So most new builds come in the form of:
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Urban infill lots
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Tear-downs replaced with modern builds
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Two-unit condo regimes (A/B units)
Because of land scarcity, location adds premium value. But there are still smart options—if you know where to look.
6 Top Neighborhoods for New Construction Close to Downtown
Here’s a curated selection of homes—all three-bedroom, newly built, and within 10–15 minutes of downtown:
Zilker / 78704
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Price: ~$995,000
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Style: B-unit (rear of lot)
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Vibe: Trendy finishes, walkable, highly desirable
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Trade-off: Less privacy, shared driveway
Tarrytown / Deep Eddy
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Price: ~$649,000
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Style: Smaller B-unit (~1,100 sq ft)
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Vibe: Quiet, established neighborhood
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Trade-off: Less space, but walkable and central
Brentwood / North Austin
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Price: ~$798,000
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Style: B-unit (~1,500+ sq ft)
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Vibe: Walkable to Burnet Rd shopping & dining
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Perk: Slightly larger yard and modern interiors
Windsor Park / Northeast Austin
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Price: ~$849,000
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Style: Standalone home (~2,283 sq ft)
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Vibe: Bigger lot, more privacy
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Trade-off: Close to I-35 and train = more noise
Mueller Area (Just Outside It)
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Price: ~$750,000
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Style: Compact single-family (~1,546 sq ft)
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Vibe: Access to Mueller amenities, no shared walls
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Trade-off: Tiny lot, close to neighbors
East Austin (Best Value)
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Price: ~$749,000
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Style: Full single-family (~1,650 sq ft on .16 acre lot)
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Perk: Great interior design, privacy, fenced yard
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Caution: Watch for foundation issues due to clay soil
A/B Units vs. Full Single-Family Homes — What’s the Difference?
A/B Units (Two homes on one lot):
- Lower price per square foot
- More modern finishes
- Shared driveways + land
- Less privacy
Single-Family Homes:
- Full ownership + private yard
- More autonomy (great for pets or kids)
- Higher price for same size
- Less availability close-in
Pro Tip: East Austin Offers the Best Value
East Austin gives you more space and newer builds at better prices, but the trade-off may be:
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Less scenic land
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Potential foundation concerns due to clay soil
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Less walkability in some areas (still changing rapidly)
Ready to Find Your Ideal New Construction Home?
Whether you’re relocating, upsizing, or buying your first home in Austin, I can help you navigate the fast-moving world of new construction homes near downtown.
