Active Listing  ·  89 days on market

1406 Camelot Cir #2

Austin, TX 78745
$495,000
3 Bed 2 Bath 1,136 sqft $436/sqft Built 2021 0.07 acres Pool Greenwood Forest Sec 02

Tucked away for ultimate privacy and bathed in natural light, this architectural gem built in 2021 redefines modern living. The exterior features clean contemporary lines and a sophisticated entry that sets a welcoming tone before you even step inside. The interior boasts an incredibly smart floor plan designed to maximize every inch of space, offering both effortless functionality and excellent integrated storage. Large windows throughout the sun drenched layout serve as living art, perfectly framing the lush, mature trees that surround the property and create total seclusion. Premium finishes abound, from the sleek waterfall marble island in the kitchen to stylish light filled living spaces. Your outdoor living options are equally impressive. Relax on the ground floor gravel patio, or retreat to the exclusive, private upper level balcony featuring a beautiful wood plank ceiling, offering serene tree top views. The generous backyard with plenty of room to personalize and a peaceful neighborhood setting make this a rare opportunity. Enjoy thoughtful design, quiet privacy, and friendly neighbors in one extraordinary package.

At $436/sqft, this home is priced 11% above the Austin active market average of $393/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

1406 Camelot Cir #2, Austin, TX 78745

Property Details

Price $495,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,136 sqft
Lot Size 0.07 acres (3,110.18 sqft)
Year Built 2021
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Greenwood Forest Sec 02
County Travis
Zip Code 78745
$/sqft $436/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $8,482.33
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT237235535
List Date June 25, 2026
Elementary School Joslin
Middle School Covington
High School Crockett
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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Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · June 25, 2026 $530,000
Previous ask $519,000
Current ask $495,000
Reduced $35,000 (-6.6%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

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
2015 Fair Oaks Dr
Southern Oaks Sec 01
$497,900 $428 3 bd / 2 ba 1,164 sqft , 2026-06-02
1325 Central Park Ct
Central Park (Salem Center Resub Of Lt B-1)
$499,000 $330 3 bd / 3 ba 1,514 sqft , 2026-06-24
1708 Forestglade Dr
Park Forest Sec 01
$499,000 $526 3 bd / 1 ba 948 sqft , 2026-06-23
4415 Hank Ave
Banister Acres Sec 2
$475,000 $491 3 bd / 2 ba 967 sqft , 2026-08-11
4414 Jinx Ave
Banister Acres Sec 02
$475,000 $640 2 bd / 1 ba 742 sqft , 2026-08-11

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
$2,376/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
$99,000
20% conventional investment loan

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

Estimated Gross Rent+$2,376
Principal + Interest−$2,701
Property Tax (~2.1% TX avg)−$866
Insurance (~0.5%)−$206
Est. Monthly Cash Flow $-1,397

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 September 21, 2026.

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