Active Listing  ·  39 days on market

2811 W Fresco Dr

Austin, TX 78731
$1,050,000
4 Bed 3 Bath 2,109 sqft $498/sqft Built 1954 0.18 acres Pool Rosedale

2811 W Fresco is a 1954 ranch home on one of Allandale’s best streets. The original four-bedroom home, spread over 2,109 square feet, has been updated to suit modern life, but with character that gives an effortlessly cool energy. The interior has been brought forward without being scraped: updated plumbing (cast iron removed), new flooring, updated kitchen & bathrooms, fresh paint throughout, and a two year-old roof. The lot is just under a fifth of an acre, deep enough to garden and entertain with room to spare for an additional storage shed.

In Allandale the streets are wide and walkable, which is why it’s the kind of neighborhood that doesn't reset every two years. Longtime favorites like Fonda San Miguel and epicerie, along with newcomer Tzintzuntzan are all just moments away. It's the kind of neighborhood you choose when you want continuity, a street that's been here a while, and a house that still feels like Austin.

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

2811 W Fresco Dr, Austin, TX 78731

Property Details

Price $1,050,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths 1
Living Area 2,109 sqft
Lot Size 0.18 acres (7,840.8 sqft)
Year Built 1954
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Rosedale
County Travis
Zip Code 78731
$/sqft $498/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $15,583.29
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT236709449
List Date June 26, 2026
Elementary School Highland Park
Middle School Lamar (Austin ISD)
High School McCallum
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 · June 26, 2026 $1,075,000
Current ask $1,050,000
Reduced $25,000 (-2.3%) 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
12135 Fitzhugh Rd
NA
$1,050,000 $398 3 bd / 3 ba 2,640 sqft , 2026-05-18
5717 Lost Horizon Dr #12
THE PINNACLE AT GREAT HILLS
$1,050,000 $436 4 bd / 3 ba 2,410 sqft , 2026-06-12
3103 Garwood St #1
Brass G M
$1,050,000 $504 3 bd / 4 ba 2,082 sqft , 2026-06-04
8900 Point West Dr
Point West Westover Hills
$1,049,900 $424 4 bd / 3 ba 2,476 sqft , 2026-06-24
314 Hidden Beacon Bnd
Rough Hollow
$1,049,000 $480 3 bd / 3 ba 2,185 sqft , 2026-06-26

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
$5,040/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
$210,000
20% conventional investment loan

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

Estimated Gross Rent+$5,040
Principal + Interest−$5,730
Property Tax (~2.1% TX avg)−$1,838
Insurance (~0.5%)−$438
Est. Monthly Cash Flow $-2,966

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 Rosedale

Rosedale is the neighborhood that longtime Austin residents point to when they describe what Austin used to feel like everywhere - quiet streets, mature live oaks that form a canopy over the road, neighbors who know each other, and a pace of life that hasn't been disrupted by the city's explosive growth. It sits north of 38th Street between Lamar Boulevard and Shoal Creek, one of the most central locations in Austin.

The housing stock is predominantly mid-century - 1940s and 1950s ranch homes and craftsman bungalows that were built when Austin was still a small city. Many have been thoughtfully updated while preserving the character that makes Rosedale distinctive. Unlike some Austin neighborhoods that have been transformed by teardown development, Rosedale has retained enough of its original homes to maintain a coherent neighborhood identity.

🌳
Mature Tree Canopy

Rosedale has some of Central Austin's most impressive live oak coverage. The trees were planted with the neighborhood and have had 70+ years to establish - you can't buy this in a newer development.

🏡
Mid-Century Character

A high concentration of intact 1940s to 50s ranch homes and craftsman bungalows. Buyers seeking authentic neighborhood character over generic new construction find Rosedale genuinely hard to leave.

🎓
Brentwood Elementary

One of AISD's most coveted elementary school assignments. Families specifically target Rosedale to access Brentwood - which keeps year-round demand high and resale values strong.

📍
Lamar Corridor Access

North Lamar runs along the neighborhood's western edge, connecting residents to Epoch Coffee, Foreign & Domestic, Central Market North Lamar, and dozens of other Austin staples without a significant drive.

Full Rosedale 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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