Active Listing  ·  4 days on market

2404 Comburg Castle Way

Austin, TX 78748
$939,000
3 Bed 2 Bath 1,794 sqft $523/sqft Built 1973 0.33 acres 2-Car Garage Pool Castlewood Forest Sec 07

Welcome to one of Castlewood Forest's most thoughtfully reimagined homes, where timeless character meets modern living. Nestled on a quintessential tree-lined street in the heart of South Austin, this home tells a story of restoration, craftsmanship, and intention.

Every inch has been completely renovated with carefully curated finishes, custom details, and a design that honors the home's original charm while embracing today's lifestyle. From warm, inviting living spaces to beautifully appointed finishes throughout, this is more than just a renovation, it's the revival of a home with soul.

Located in one of South Austin's most beloved neighborhoods, you'll enjoy mature trees, established streets, and a true sense of community, all while being just minutes from local shopping, favorite restaurants, parks, and a quick drive to downtown Austin.

This is the kind of home that feels collected, lived in, and loved from the moment you walk through the door, a rare opportunity to own a beautifully restored piece of Castlewood Forest.

At $523/sqft, this home is priced 34% above the Austin active market average of $391/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

2404 Comburg Castle Way, Austin, TX 78748

Property Details

Price $939,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,794 sqft
Lot Size 0.33 acres (14,305.1 sqft)
Year Built 1973
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Castlewood Forest Sec 07
County Travis
Zip Code 78748
$/sqft $523/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $11,430.01
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT241758723
List Date July 31, 2026
Elementary School Cowan
Middle School Bailey
High School Akins
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
2921 Lyons Rd #1
Chernosky 14
$940,000 $502 3 bd / 3 ba 1,871 sqft , 2026-03-13
9608 Streamside Dr
Hill Country Ph 02-A
$935,000 $416 4 bd / 3 ba 2,246 sqft , 2026-06-23
1912 Antone St
Mueller Sec 04 Amd
$929,000 $396 4 bd / 3 ba 2,345 sqft , 2025-12-04
10603 Valley Vista Rd
Cedar Valley
$950,000 $414 3 bd / 3 ba 2,295 sqft , 2026-04-10
708 W Elizabeth St
South Heights
$950,000 $568 3 bd / 2 ba 1,674 sqft , 2026-04-29

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
$4,507/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
$187,800
20% conventional investment loan

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

Estimated Gross Rent+$4,507
Principal + Interest−$5,125
Property Tax (~2.1% TX avg)−$1,643
Insurance (~0.5%)−$391
Est. Monthly Cash Flow $-2,652

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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