Active Listing  ·  189 days on market

2805 Hatley Dr

Austin, TX 78746
$2,800,000
5 Bed 4 Bath 3,634 sqft $771/sqft Built 1960 0.64 acres 2-Car Garage Pool Rollingwood Sec 02

Set in the heart of highly sought-after Rollingwood, this exceptional .635-acre property offers a rare opportunity just minutes from downtown Austin. The expansive lot provides an ideal setting for a future luxury build, with the potential to build up to 35 feet from the highest point, maximizing both privacy and downtown views. This homesite stands out as one of the area’s most compelling offerings. The existing split-level residence blends mid-century character with thoughtful modern updates. Inside, the home features 5 bedrooms and 3.5 bathrooms, with a vaulted, beamed great room anchored by a striking stone fireplace. The updated kitchen is equipped with granite countertops and stainless steel appliances, flowing into both a formal dining area and a cozy breakfast nook. Improvements, including updated flooring, lighting, paint, and a geothermal HVAC system, enhance the home’s overall appeal. The lower level adds versatility with a spacious secondary living area, kitchenette, and direct outdoor access, ideal for guests or multi-generational living. Outside, the property truly shines with abundant green space, a patio for entertaining, and ample room to expand or reimagine. Whether enjoyed as a charming mid-century retreat or re-envisioned into a custom estate that takes full advantage of its premier setting, this Rollingwood property presents a rare blend of location, scale, and future potential. Tax and assessed values are estimates for illustration purposes only. All figures should be independently verified.

At $771/sqft, this home is priced 98% above the Austin active market average of $390/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

2805 Hatley Dr, Austin, TX 78746

Property Details

Price $2,800,000
Status Active Listing
Beds 5
Full Baths 3
Half Baths 1
Living Area 3,634 sqft
Lot Size 0.64 acres (27,660.6 sqft)
Year Built 1960
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Rollingwood Sec 02
County Travis
Zip Code 78746
$/sqft $771/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $29,180.81
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT228721409
List Date May 7, 2026
Elementary School Eanes
Middle School Hill Country
High School Westlake
School District Eanes ISD

Eanes ISD

Eanes · Hill Country · Westlake

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 · May 7, 2026 $3,500,000
Previous ask $2,999,000
Current ask $2,800,000
▼ Reduced $700,000 (-20.0%) 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
2501 Stratford Dr
Bluffington Sec 01
$2,500,000 $553 4 bd / 4 ba 4,521 sqft , 2026-06-18
2316 W 7th St
Timberlake Add
$2,495,000 $950 4 bd / 3 ba 2,627 sqft , 2026-09-17
3 Brett Cv
Rollingwood Park Estates Sec 2
$3,200,000 $789 4 bd / 4 ba 4,055 sqft , 2026-11-05
2922 Thousand Oaks Dr
Treemont Ph A Sec 01
$2,299,000 $667 4 bd / 4 ba 3,446 sqft , 2026-10-15
714 Upson St
Deep Eddy Heights
$2,095,000 $708 4 bd / 4 ba 2,960 sqft , 2026-10-02

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
$13,440/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
$560,000
20% conventional investment loan

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

Estimated Gross Rent+$13,440
Principal + Interest−$15,281
Property Tax (assumed ~2.1%)−$4,900
Insurance (assumed ~0.5%)−$1,167
Est. Monthly Cash Flow $-7,908

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 · 41 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. The written content was last updated on November 10, 2026.

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

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