Active Listing  ·  40 days on market

2003 Woodmont Ave

Austin, TX 78703
$789,900
3 Bed 2 Bath 1,974 sqft $400/sqft Built 1957 0.15 acres Pool Westfield A

Discover the charm of Tarrytown with this beautifully updated home on a desirable corner lot, offering an exceptional blend of flexibility, privacy, and location. Rebuilt from the studs in 2009, the residence features an inviting open-concept layout, abundant natural light, wood and tile flooring, and a spacious primary suite. The upgraded kitchen combines style and function with high-end appliances and a convenient built-in desk—perfect for working from home or managing everyday tasks. A detached guest house/office adds valuable versatility, whether used as a private workspace, guest quarters, creative studio, or potential Airbnb opportunity (buyer to verify applicable regulations and permitted use). The private backyard is shaded by mature oak trees and features a large deck ideal for outdoor dining, entertaining, or relaxing.

Enjoy an enviable central Austin lifestyle with Don Baylor Neighborhood Park (formerly Westenfield Park) and the neighborhood pool just steps away. Within approximately 10 minutes are Whole Foods Market, Randalls, Downtown Austin, Lady Bird Lake and the Butler Hike-and-Bike Trail, Zilker Metropolitan Park and Barton Springs Pool, the Austin Central Library, Texas Capitol, 2nd Street District, UT Austin, and numerous restaurants, coffee shops, entertainment venues, and local shopping.

Important property disclosure: The gas fireplace is non-functional. The back portion of the property is located in the floodplain; however, the residence/structure itself is not in the floodplain, and the sellers were not required to carry flood insurance. Buyers should independently verify floodplain status, insurance requirements, permitted uses, and all property information.

A rare opportunity to enjoy the character of Tarrytown with the flexibility of additional space and the convenience of being minutes from the best of Central Austin.

At $400/sqft, this home is priced 2% 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

2003 Woodmont Ave, Austin, TX 78703

Property Details

Price $789,900
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,974 sqft
Lot Size 0.15 acres (6,468.66 sqft)
Year Built 1957
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Westfield A
County Travis
Zip Code 78703
$/sqft $400/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $19,556.58
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT243177883
List Date August 13, 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.

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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 · August 13, 2026 $799,900
Current ask $789,900
Reduced $10,000 (-1.3%) 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
2005 Winsted Ln #B
Ward & Treadwell
$849,000 $411 4 bd / 3 ba 2,068 sqft , 2026-08-10
1506 W 13th St #1
Escorial Condo
$689,000 $471 2 bd / 2 ba 1,462 sqft , 2025-10-30
2111 W 10th St
Marlton Place Sec 02
$985,000 $704 3 bd / 2 ba 1,400 sqft , 2026-08-25
2111 W 12TH St
Spear G W
$989,000 $644 3 bd / 2 ba 1,536 sqft , 2026-08-15
910 W 25th St #406
Galileo At 25 Condo
$525,000 $313 3 bd / 2 ba 1,675 sqft , 2026-07-05

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
$3,792/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
$157,980
20% conventional investment loan

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

Estimated Gross Rent+$3,792
Principal + Interest−$4,311
Property Tax (~2.1% TX avg)−$1,382
Insurance (~0.5%)−$329
Est. Monthly Cash Flow $-2,230

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 1, 2026.

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