Active Listing  ·  9 days on market

1302 Berkshire Dr

Austin, TX 78723
$675,000
4 Bed 3 Bath 2,238 sqft $302/sqft Built 1956 0.20 acres 1-Car Garage Pool Gaston Park

Mid-Century Windsor Park Charmer with Detached Guest Suite & Luxury Sauna! Discover the perfect blend of 1956 mid-century character and modern luxury in this updated 3-bedroom, 2-bathroom home with multiple living/dining areas and covered patio. Designed with privacy, versatility, and open living in mind, the residence boasts rich hardwood floors, updated bath finishes, and a stunning contemporary kitchen. Step into a truly unique garage featuring built-in storage, a glass garage door, French doors opening to the patio, and a dedicated mini-split system—ideal for a home gym, workshop, showroom, or ultimate flex space. The stand-out highlight is a fully permitted detached guest suite complete with a custom luxury sauna and full bath. With private access from the side yard as well as the backyard, it provides incredible potential for guest accommodation, remote work, or short-term rental opportunities. Fitness buff's dream - set up the gym in the garage, use the sauna and there is even electrical installed outside to hook up a cold plunge or hot tub. Protected bike lanes all the way to the Walnut Creek trail.

At $302/sqft, this home is 23% below the Austin active market average of $391/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

1302 Berkshire Dr, Austin, TX 78723

Property Details

Price $675,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,238 sqft
Lot Size 0.20 acres (8,712 sqft)
Year Built 1956
Garage 1 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Gaston Park
County Travis
Zip Code 78723
$/sqft $302/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT243215843
List Date August 14, 2026
Elementary School Harris
Middle School Bertha Sadler Means
High School Northeast Early College
School District ,

Luke Allen (TREC #788149) has deep knowledge of Austin and surrounding markets. Whether you're buying, selling, or just researching comparable sales, reach out for a no-pressure conversation.

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Similar Homes on the Market in Austin

Comparable Listings Right Now

Homes currently for sale in Austin with similar bedroom count, size, and price range, giving you real-time context for how this property's asking price compares to the active market.

AddressList Price$/sqftBeds/BathsSqftDOMListed
933 E 51st St
Ridgetop
$695,000 $404 3 bd / 3 ba 1,720 sqft , 2026-04-01
2600 Rogge Ln
Royal Oak Estates Sec 02
$695,000 $251 5 bd / 3 ba 2,770 sqft , 2026-08-07
5501 Coventry Ln
Royal Oak Estates Sec 01
$699,000 $338 5 bd / 2 ba 2,070 sqft , 2026-07-17
2006 Wheless Ln
Windsor Park 02 Sec 01
$724,500 $392 4 bd / 3 ba 1,850 sqft , 2026-08-14
2105 Brunswick Dr
Windsor Park 02 Sec 02
$625,000 $416 3 bd / 2 ba 1,504 sqft , 2026-03-31

Source: ACTRIS MLS, live listings. Similar by ±1 bed, ±35% price, ±35% sqft. Contact Luke for a formal comparative market analysis.

Investment Analysis

Rental Income Potential

The numbers below use conservative Austin-market assumptions. They are estimates, not a guarantee. Actual rents vary by condition, timing, and management. Read our full Austin rental property guide →

Est. Monthly Rent
$3,240/mo
0.48% rule · conservative Austin est.
Gross Yield
5.76%
Annual rent ÷ purchase price
Cap Rate (est.)
3.46%
NOI after 40% vacancy + expenses
Down Payment
$135,000
20% conventional investment loan

Monthly Cash Flow Breakdown (20% down · 7.25% rate)

Estimated Gross Rent+$3,240
Principal + Interest−$3,684
Property Tax (~2.1% TX avg)−$1,181
Insurance (~0.5%)−$281
Est. Monthly Cash Flow $-1,906

At current rates and prices, many Austin luxury properties run neutral or slightly negative on pure cash flow, appreciation and equity paydown are the primary return drivers. BRRRR and off-market acquisitions can improve day-one cash flow. Learn about the BRRRR method in Austin →

Commute & Employment

Major Employers Near Austin, TX

Austin sits within commuting range of Austin's major tech, manufacturing, and corporate campuses. Approximate drive times from this area:

Tesla Gigafactory 15-25 min E
Apple Campus (Domain) 20-30 min N
Google / Meta / Indeed 10-15 min downtown
Dell Medical School / UT Austin 10-20 min
Samsung Austin Semiconductor 25 min N

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About the Author
Luke Allen, Austin TX Realtor, TREC #788149
Luke Allen
Licensed Austin TX Realtor · TREC #788149 · Full-time since 2019
★★★★★ 5.0 on Google · 30 Reviews

Luke Allen is a full-time Austin TX Realtor with the Austin Marketing + Development Group brokerage. He works with buyers, sellers, and investors across every Austin ISD and the surrounding neighborhoods, from Downtown and East Austin to Round Rock, Cedar Park, and the Hill Country. Every page on this site is written and maintained by Luke. This page was last updated on August 15, 2026.

📞 (254) 718-2567 [email protected] More about Luke →