Active Listing  ·  9 days on market

2004 Garretts Way

Manchaca, TX 78652
$478,900
4 Bed 4 Bath 2,496 sqft $192/sqft Built 2017 0.14 acres 2-Car Garage Pool Hills Of Bear Creek Sec 1

Beautifully refreshed and thoughtfully improved, this spacious 4-bedroom, 3.5-bath home in Hills of Bear Creek offers nearly 2,500 square feet of flexible living space and more than $35,000 in recent improvements. Designed for both everyday comfort and entertaining, the home features multiple living and dining areas, generous room sizes, and a layout that provides plenty of space to spread out.

Recent updates give the home a fresh, move-in-ready feel, including interior paint, an updated staircase, modern lighting and ceiling fans, refreshed kitchen backsplash, added storage and shelving, landscaping improvements, fencing, siding and sprinkler updates, plus significant HVAC improvements.

Outside, enjoy a private backyard with no back neighbors, offering added privacy and a more open feel. With plenty of room to relax, entertain, or create your own outdoor retreat, the backyard extends the home’s living space outdoors. Hills of Bear Creek residents also enjoy access to neighborhood amenities, including a community pool.

Enjoy the best of South Austin living with convenient access to shopping, dining, entertainment and outdoor recreation, plus easy connections to SH-45, MoPac and I-35. Hills of Bear Creek offers a neighborhood setting and community amenities while keeping everything South Austin has to offer close at hand.

With its generous floor plan, extensive improvements and convenient location, this move-in-ready home offers the space, updates and setting to make it your own.

At $192/sqft, this home is 36% below the Manchaca active market average of $302/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

2004 Garretts Way, Manchaca, TX 78652

Property Details

Price $478,900
Status Active Listing
Beds 4
Full Baths 3
Half Baths 1
Living Area 2,496 sqft
Lot Size 0.14 acres (5,998.21 sqft)
Year Built 2017
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Hills Of Bear Creek Sec 1
County Travis
Zip Code 78652
$/sqft $192/sqft
Days on Market ,
HOA $62/Monthly
Annual Tax Est. $7,461.58
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT243595187
List Date August 15, 2026
Elementary School Menchaca
Middle School Paredes
High School Akins
School District ,

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

Schedule a Call →

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 15, 2026 $498,500
Current ask $478,900
Reduced $19,600 (-3.9%) 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 Manchaca

Comparable Listings Right Now

Homes currently for sale in Manchaca 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
12404 Reserve Creek Dr
Gabardine Condo
$469,500 $249 3 bd / 3 ba 1,885 sqft , 2026-05-09
2516 Hopsack Mills Rd
Gabardine Condo
$469,000 $195 3 bd / 3 ba 2,407 sqft , 2026-05-13
11901 Buzz Schneider Ln
Rancho Alto Ph 01
$439,900 $171 5 bd / 3 ba 2,569 sqft , 2026-06-10
1318 Jenkins Bnd
Summerrow
$434,000 $227 3 bd / 3 ba 1,910 sqft , 2026-04-02
2408 Chambray Ct #38
Gabardine Condominiums
$525,000 $205 4 bd / 3 ba 2,556 sqft , 2026-03-20

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
$2,299/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
$95,780
20% conventional investment loan

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

Estimated Gross Rent+$2,299
Principal + Interest−$2,614
Property Tax (~2.1% TX avg)−$838
Insurance (~0.5%)−$200
Est. Monthly Cash Flow $-1,353

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 Manchaca, TX

Manchaca 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 20, 2026.

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