🏡 Best New Construction Homes Near Downtown Austin (Without the $2M Price Tag)

Looking for a new construction home in Austin, Texas — 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:

  • Urban infill lots

  • Tear-downs replaced with modern builds

  • 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

  • Price: ~$995,000

  • Style: B-unit (rear of lot)

  • Vibe: Trendy finishes, walkable, highly desirable

  • Trade-off: Less privacy, shared driveway

🔹 Tarrytown / Deep Eddy

  • Price: ~$649,000

  • Style: Smaller B-unit (~1,100 sq ft)

  • Vibe: Quiet, established neighborhood

  • Trade-off: Less space, but walkable and central

🔹 Brentwood / North Austin

  • Price: ~$798,000

  • Style: B-unit (~1,500+ sq ft)

  • Vibe: Walkable to Burnet Rd shopping & dining

  • Perk: Slightly larger yard and modern interiors

🔹 Windsor Park / Northeast Austin

  • Price: ~$849,000

  • Style: Standalone home (~2,283 sq ft)

  • Vibe: Bigger lot, more privacy

  • Trade-off: Close to I-35 and train = more noise

🔹 Mueller Area (Just Outside It)

  • Price: ~$750,000

  • Style: Compact single-family (~1,546 sq ft)

  • Vibe: Access to Mueller amenities, no shared walls

  • Trade-off: Tiny lot, close to neighbors

🔹 East Austin (Best Value)

  • Price: ~$749,000

  • Style: Full single-family (~1,650 sq ft on .16 acre lot)

  • Perk: Great interior design, privacy, fenced yard

  • 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:

  • Less scenic land

  • Potential foundation concerns due to clay soil

  • 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.

📬 Contact me for a list of properties that match your budget and lifestyle — or schedule a Zoom consult.
🎥 Want to see these properties? Check out the full video tour for interior finishes, location comparisons, and insider tips.

💬 Final Thought

You don’t have to give up your dream of living near downtown Austin just because you want something new. Whether you're okay with an A/B unit or need a full lot with a yard, there are plenty of creative options—and I’m here to help you find them.