Active Listing  ·  700 days on market

13409 Madrone Mountain Way

Austin, TX 78737
$1,359,990
4 Bed 4 Bath 3,414 sqft $398/sqft Built 2024 1.29 acres 3-Car Garage Pool The Overlook At The Hills Of Texas Estates

TO-BE-BUILT opportunity with DAVID WEEKLEY "BUILD ON YOUR LOT."Currently offering a $20,000 design incentive for new homes. Estimated completion is 2024. Lot is sold separately for $450,000, see MLS 6131731. List price includes $709,990 base price for the Gabrielle, plus approximate $100K design center customizations, and assumes approximate $100K in site development costs. There is also a one-bedroom Casita plan available for an additional $250K. This is your chance to build a David Weekley one-story home on one of the last lots available in The Overlook at the Hills of Texas Estates, a private, luxury enclave of 26 homes tucked away in Southwest Austin. Vibrant comforts and easy elegance contributes to the modern appeal of The Gabrielle plan. Your luxurious Owner’s Retreat presents an everyday vacation experience with a pamper-ready en suite bathroom and an expansive walk-in closet. You’ll love relaxing in the shade and hosting sunny birthday parties on the breezy covered porch. Decorate and furnish your impressive, open-concept living spaces to be picture-perfect for family celebrations. A deluxe pantry and presentation island adds pizazz to the spectacular kitchen, which overlooks the rest of the home. Give every member of your family a wonderful place to make their own with the spacious spare bedrooms. The open study is situated to create an ideal social lounge or a quiet home office. Deed restrictions and plat map are in attachments, seller does not have a survey.Lot markings on property photos and on the property itself are approximate. There is a pathway of cedar trees with a marker to the left of the For Sale Sign, that runs along the approximate lot line area and will take you to the back, where there is a pin and an orange flag. The wire fence along the back is the back property line. Septic and gas will be needed, electricity, water and AT&T are ready at the curb. The intriguing topography of this lot is just waiting for your creativity.

At $398/sqft, this home is priced 2% above the Austin active market average of $391/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

13409 Madrone Mountain Way, Austin, TX 78737

Property Details

Price $1,359,990
Status Active Listing
Beds 4
Full Baths 3
Half Baths 1
Living Area 3,414 sqft
Lot Size 1.29 acres (56,192.4 sqft)
Year Built 2024
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision The Overlook At The Hills Of Texas Estates
County Hays
Zip Code 78737
$/sqft $398/sqft
Days on Market ,
HOA $300/Annually
Annual Tax Est. $6,871
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT124083740
List Date September 3, 2024
Elementary School Cypress Springs
Middle School Sycamore Springs
High School Dripping Springs
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
2326 Santa Rosa St
Industrial Add Annex
$1,359,000 $590 3 bd / 4 ba 2,303 sqft , 2026-04-23
9294 Scenic Bluff Dr
Barton Creek West
$1,365,000 $497 4 bd / 3 ba 2,745 sqft , 2026-06-26
4010 Avenue D Ave
Hyde Park Add 02
$1,352,727 $486 3 bd / 4 ba 2,782.16 sqft , 2026-04-12
3703 Cloudy Ridge Rd
Windmill Bluff Estates
$1,350,000 $360 4 bd / 4 ba 3,755 sqft , 2026-04-11
10025 Dianella Ln
Great Hills Sec 29
$1,350,000 $374 4 bd / 5 ba 3,610 sqft , 2026-05-20

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
$6,528/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
$271,998
20% conventional investment loan

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

Estimated Gross Rent+$6,528
Principal + Interest−$7,422
Property Tax (~2.1% TX avg)−$2,380
Insurance (~0.5%)−$567
Est. Monthly Cash Flow $-3,841

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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