Active Listing  ·  76 days on market

2922 Thousand Oaks Dr

Austin, TX 78746
$2,249,000
4 Bed 4 Bath 3,446 sqft $653/sqft Built 1985 0.51 acres 2-Car Garage Pool Treemont Ph A Sec 01

Set on a half-acre lot in Westlake’s close-in Treemont neighborhood, 2922 Thousand Oaks blends timeless architecture with thoughtful updates and resort-style outdoor living. From the moment you arrive, the home’s curb appeal makes an impression, while inside, a dramatic foyer framed by an updated staircase and oversized window fills the home with natural light. French doors at the entry draw your eye straight through to the backyard and pool beyond, creating a seamless indoor-outdoor connection.

Formal living and dining spaces sit just off the foyer, complete with a marble-surround fireplace and French doors opening to the patio, while a private office with custom built-ins offers a quiet work-from-home retreat. The kitchen, breakfast nook, and family room flow effortlessly together, featuring granite countertops, stainless steel appliances, abundant windows overlooking the yard, and AV throughout the main level. An updated powder bath, mudroom, laundry room, and attached two-car garage add functionality.

Upstairs, all four bedrooms are thoughtfully arranged with updated bathrooms throughout. Two secondary bedrooms share a Jack-and-Jill bath, while another enjoys its own ensuite. The primary suite features an oversized bedroom, spa-like bath with dual vanities, soaking tub, and walk-in shower with dual rain heads. French doors open to a covered balcony overlooking the backyard. Outside, the backyard offers a covered patio, pool and hot tub, turf lawn, putting greens, mature trees, and integrated outdoor audio.

Life in Treemont offers close-in Westlake living with a strong sense of community. Walk or bike to top-rated Eanes ISD schools including Cedar Creek Elementary, Hill Country Middle School, and Westlake High, while enjoying easy access to Rollingwood Pool, Barton Springs, downtown Austin, Bee Caves Road, Mopac, and Loop 360.

At $653/sqft, this home is priced 67% 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

2922 Thousand Oaks Dr, Austin, TX 78746

Property Details

Price $2,249,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths 1
Living Area 3,446 sqft
Lot Size 0.51 acres (22,006.51 sqft)
Year Built 1985
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Treemont Ph A Sec 01
County Travis
Zip Code 78746
$/sqft $653/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $36,305
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT230632290
List Date May 20, 2026
Elementary School Cedar Creek (Eanes ISD)
Middle School Hill Country
High School Westlake
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
3610 Hillbrook Dr
Highland Hills Sec 06 Ph 02A
$2,249,000 $632 5 bd / 4 ba 3,557 sqft , 2026-07-02
3302 Big Bend Dr
Highland Park West
$2,249,700 $692 4 bd / 4 ba 3,251 sqft , 2026-07-21
8109 Kuhn Dr
Preserve/Oak Hill
$2,249,999 $547 4 bd / 5 ba 4,113 sqft , 2026-03-16
3901 Prentice Ln
West Rim
$2,250,000 $589 4 bd / 4 ba 3,820 sqft , 2026-04-16
2005 E 8th St #1
Oil Mill
$2,250,000 $743 4 bd / 5 ba 3,027 sqft , 2026-02-27

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
$10,795/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
$449,800
20% conventional investment loan

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

Estimated Gross Rent+$10,795
Principal + Interest−$12,274
Property Tax (~2.1% TX avg)−$3,936
Insurance (~0.5%)−$937
Est. Monthly Cash Flow $-6,352

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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