Active Listing  ·  62 days on market

2904 Centennial Olympic Park

Austin, TX 78732
$550,000
3 Bed 2 Bath 2,216 sqft $248/sqft Built 2005 0.14 acres 2-Car Garage Pool Steiner Ranch Parkside

Single-story living, room to spread out, and a tree-shaded backyard in Steiner Ranch. Located in the Parkside section of the community, 2904 Centennial Olympic Park offers 2,216 square feet, three bedrooms, two full baths, and a dedicated home office, all on one level.

Tall ceilings bring an airy feel to the main living spaces, while a thoughtful split-bedroom layout creates separation between the primary suite and secondary bedrooms. The kitchen features granite countertops, stainless steel appliances, a breakfast bar, and generous storage, with both formal and casual dining spaces that offer flexibility for everyday meals and gathering with friends.

French doors lead to a dedicated office with built-in bookshelves, providing a defined space to work or study without sacrificing a bedroom. Outside, mature trees shade the fenced backyard, where a covered patio offers an inviting setting for morning coffee, outdoor dining, or a relaxed evening at home.

Recent improvements include fresh interior paint, updated fixtures, a new dishwasher, and landscaping enhancements. Homeowners enjoy access to Steiner Ranch’s pools, parks, trails, tennis and pickleball courts, and other community amenities.

A flexible floor plan, generous living spaces, and the ease of single-story living—ready for its next chapter.

At $248/sqft, this home is 37% below the Austin active market average of $393/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

2904 Centennial Olympic Park, Austin, TX 78732

Property Details

Price $550,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 2,216 sqft
Lot Size 0.14 acres (5,898.02 sqft)
Year Built 2005
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Steiner Ranch Parkside
County Travis
Zip Code 78732
$/sqft $248/sqft
Days on Market ,
HOA $603.48/Semi-Annually
Annual Tax Est. $10,634.88
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT226190795
List Date July 23, 2026
Elementary School Laura Welch Bush
Middle School Canyon Ridge
High School Vandegrift
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 · July 23, 2026 $599,900
Previous ask $575,000
Current ask $550,000
Reduced $49,900 (-8.3%) 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
3609 Latimer Dr
Steiner Ranch Ph 01 Sec 01
$549,900 $260 3 bd / 3 ba 2,115 sqft , 2026-07-30
3704 Caney Creek Rd
Steiner Ranch Ph 01 Sec 01
$539,000 $236 4 bd / 3 ba 2,282 sqft , 2026-08-07
3009 Centennial Olympic Park
Steiner Ranch Parkside
$565,000 $245 3 bd / 2 ba 2,307 sqft , 2026-07-01
2805 Centennial Olympic Park
Steiner Ranch Parkside
$525,000 $278 3 bd / 2 ba 1,890 sqft , 2026-08-22
3803 Caney Creek Rd
Steiner Ranch Ph 01 Sec 01
$522,500 $265 3 bd / 3 ba 1,972 sqft , 2026-09-01

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
$2,640/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
$110,000
20% conventional investment loan

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

Estimated Gross Rent+$2,640
Principal + Interest−$3,002
Property Tax (~2.1% TX avg)−$963
Insurance (~0.5%)−$229
Est. Monthly Cash Flow $-1,554

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 · 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 September 21, 2026.

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