Active Listing  ·  72 days on market

2004 Teakwood Dr

Austin, TX 78757
$599,000
3 Bed 2 Bath 1,204 sqft $498/sqft Built 1962 0.17 acres 2-Car Garage Pool Allandale North Sec 02

Fully renovated, this 3-bedroom, 2-bath residence offers a refined blend of modern finishes and established Allandale charm, set on a corner lot beneath mature oaks over 40 feet tall - an inviting setting for morning coffee on the patio or quiet evenings beneath the canopy. Every detail has been thoughtfully curated for effortless, low-maintenance living: white oak flooring extends throughout, paired with fresh paint, new baseboards, updated lighting, and new ceiling fans finished in matte black hardware. The living area is anchored by a fireplace surrounded in new tile, while the kitchen hosts crisp white shaker cabinetry, brushed hardware, and a brand-new stainless appliance package - well suited to weekend entertaining or an easy weeknight meal with friends. The primary suite was reimagined to make room for a spa-inspired retreat, featuring a custom oak vanity, travertine surfaces, and a rain shower with dual shower system - a private escape at the end of the day. The hall bath offers a deep soaking tub, oak cabinetry, and travertine finishes of its own. Behind the scenes, new plumbing drain and water lines, a new roof, and new windows provide lasting peace of mind, while a new front door and travertine stone flooring at the entry and back patio lend understated curb appeal. An epoxy-finished garage floor completes this move-in-ready home. Live the Allandale lifestyle. Walk or bike to Wooten Neighborhood Park, hit the Shoal Creek Hike & Bike Trail for a morning run, or grab dinner and a movie along Burnet Road's beloved local spots, including Alamo Drafthouse and Whole Foods just minutes away. With easy access to Mopac and Hwy 183, weekend trips to the Domain or nights out downtown are just a short drive from home. Zoned to Wooten Elementary, Burnet Middle, and Navarro Early College High School.

At $498/sqft, this home is priced 27% 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

2004 Teakwood Dr, Austin, TX 78757

Property Details

Price $599,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,204 sqft
Lot Size 0.17 acres (7,374.71 sqft)
Year Built 1962
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Allandale North Sec 02
County Travis
Zip Code 78757
$/sqft $498/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $9,704
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT237609020
List Date July 28, 2026
Elementary School Wooten
Middle School Burnet (Austin ISD)
High School Navarro Early College
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
8001 Camden Dr
Allandale North Sec 01
$599,900 $402 3 bd / 3 ba 1,494 sqft , 2026-02-05
8100 Stillwood Ln
Northtowne West Sec 02
$589,900 $386 4 bd / 2 ba 1,529 sqft , 2026-08-11
3101 Steck Ave
Northtowne West Sec 05
$579,000 $424 4 bd / 2 ba 1,365 sqft , 2026-09-02
8304 Millway Dr
Allandale Estates Sec 01
$569,000 $471 3 bd / 2 ba 1,208 sqft , 2026-08-27
2207 Pasadena Dr #1
Villas At Pasadena Condo
$525,000 $413 2 bd / 2 ba 1,271 sqft , 2026-05-15

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
$2,875/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
$119,800
20% conventional investment loan

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

Estimated Gross Rent+$2,875
Principal + Interest−$3,269
Property Tax (~2.1% TX avg)−$1,048
Insurance (~0.5%)−$250
Est. Monthly Cash Flow $-1,692

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 →

Neighborhood Context

About Allandale

Allandale is North Central Austin's original family neighborhood - platted in the 1950s and shaped by decades of homeowners who chose it for its tree-lined streets, strong schools, and community identity. Bounded roughly by 45th Street to the south, Koenig Lane to the north, MoPac to the west, and Burnet Road to the east, it occupies one of Austin's most convenient locations.

The housing stock is predominantly 1950s to 60s brick ranch homes - modest footprints on generous lots, many with mature live oaks that took 60 years to grow. Renovated Allandale homes command significant premiums, while original-condition homes represent some of the last attainable entry points in North Central Austin. New custom construction is an increasing presence as teardown economics make sense at these lot values.

🍽️
Burnet Road Corridor

Allandale's eastern edge is lined with some of Austin's best independent restaurants, coffee shops, and bars. Uchi, Violet Crown Cinema, Foreign & Domestic, Epoch Coffee - all within walking distance of many Allandale addresses.

🌳
Mature Tree Canopy

Sixty years of live oak growth creates a canopy that makes Allandale feel noticeably cooler and quieter than newer Austin neighborhoods. The trees are a defining asset - and an Austin Heritage Tree protection means they're here to stay.

🏫
McCallum High School

McCallum is one of Austin ISD's most respected high schools - known for its Fine Arts Academy (one of the top performing arts magnet programs in Texas) and strong academics. It's a major draw for families with high school-age children.

🚶
Walkable Errands

Allandale residents walk to coffee, restaurants, a hardware store, and neighborhood shops on a regular basis. It's not a walk-everywhere neighborhood, but the Burnet Road corridor makes daily errands genuinely walkable from the eastern half of the neighborhood.

Full Allandale Guide →

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 October 7, 2026.

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