Active Listing  ·  13 days on market

1500 Wooldridge Dr

Austin, TX 78703
$4,495,000
5 Bed 6 Bath 5,010 sqft $897/sqft Built 1938 0.27 acres 2-Car Garage Pool Pemberton Heights Sec 01

Set on a corner lot along one of Pemberton Heights' most iconic, tree-lined streets, 1500 Wooldridge is a 1938 estate taken down to the studs and fully reimagined, its classic bones preserved and every system and finish elevated. Behind a limestone-and-iron fence, heritage oaks shade a stone-and-white-siding home with new Marvin windows. Inside, hand-finished hickory floors and wrought iron stair balusters run throughout.

The main level offers a formal living room with a Carrara-marble fireplace framed by fluted columns; a window-wrapped sunroom with imported Tabarka terra cotta tile; a showpiece kitchen with quartzite counters, a full Thermador Masterpiece suite, panel-ready refrigeration, and a butler's pantry (gas line already stubbed for a future range); a dining room overlooking the screened porch; a family room with pocket doors; and a sound-isolated executive office.

Upstairs, the primary suite features an island closet and a spa-style bath with honed Carrara herringbone, dual Kallista fixtures, and a soaking tub. Four additional bedrooms each have private ensuites; two are reached by a separate staircase off the kitchen, ideal for guests, older kids, or a nanny suite.

All-new electrical, full repipe, tankless water heaters, whole-home filtration, 4-zone Trane HVAC, and a 24KW Generac generator. Commercial-grade Ubiquiti network, whole-home Sonos, and hardwired 4K security.

Nearly 1/3-acre corner lot with a screened porch and projector, pool-ready yard, 20-zone irrigation, and landscape lighting. Pemberton Heights at its finest.

At $897/sqft, this home is priced 129% above the Austin active market average of $392/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

1500 Wooldridge Dr, Austin, TX 78703

Property Details

Price $4,495,000
Status Active Listing
Beds 5
Full Baths 5
Half Baths 1
Living Area 5,010 sqft
Lot Size 0.27 acres (11,813.47 sqft)
Year Built 1938
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Pemberton Heights Sec 01
County Travis
Zip Code 78703
$/sqft $897/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $35,416.08
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT244644534
List Date September 9, 2026
Elementary School Casis
Middle School O Henry
High School Austin
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.

Schedule a Call →

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
2300 Westover Rd
Brown Herman Add
$3,950,000 $943 5 bd / 5 ba 4,190 sqft , 2026-09-15
1015 Gaston Ave
Shoal Terrace
$3,895,000 $857 4 bd / 5 ba 4,546 sqft , 2026-06-11
2412 Jarratt Ave
Pemberton Heights Sec 01
$3,750,000 $756 5 bd / 6 ba 4,962 sqft , 2026-08-20
1104 Maufrais St
Shelley Heights 02
$3,650,000 $1,000 5 bd / 4 ba 3,651 sqft , 2026-08-27
2114 W 11th St
George W Spear League
$3,547,990 $1,000 5 bd / 5 ba 3,548 sqft , 2026-08-21

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
$21,576/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
$899,000
20% conventional investment loan

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

Estimated Gross Rent+$21,576
Principal + Interest−$24,531
Property Tax (~2.1% TX avg)−$7,866
Insurance (~0.5%)−$1,873
Est. Monthly Cash Flow $-12,694

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

More Luxury Homes in Austin

Loading…
View All Luxury Homes →
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 22, 2026.

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