Active Listing  ·  28 days on market

2922 Thousand Oaks Dr

Austin, TX 78746
$2,299,000
4 Bed 4 Bath 3,446 sqft $667/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, resort-style outdoor living and a refreshed look. A dramatic foyer with an updated staircase and oversized window fills the home with light, while French doors at the entry draw your eye straight through to the backyard and pool beyond.

Formal living and dining spaces sit just off the foyer, with a marble-surround fireplace and French doors opening to the patio. A private office with custom built-ins offers a quiet work-from-home retreat. The kitchen, breakfast nook and family room flow together, featuring NEW granite countertops, fresh paint, and stainless steel appliances. A dedicated closet for audio visual, a powder bath, mud room storage, laundry room, and a two-car garage add everyday functionality on the main level.

Upstairs, NEW wood floors flow through all four bedrooms. Two secondary bedrooms share a Jack-and-Jill bath, while another enjoys a private ensuite. The primary suite is a true retreat, with an oversized bedroom, spa-like bath with dual vanities, pedestal soaking tub, and walk-in shower with dual rain shower heads. French doors lead to a covered balcony overlooking the backyard, and a secondary interior staircase adds flexibility. Outside, surrounded by mature trees, a covered patio and expansive pool deck set the stage for entertaining, with a pool, hot tub, turf lawn, putting greens, and integrated outdoor audio keeping it private and resort-like.

Life in Treemont offers community, convenience, & close-in Westlake living. Walk or bike to top-rated Eanes ISD schools including Cedar Creek Elementary, Hill Country Middle School, & Westlake High, or enjoy nearby Rollingwood Pool, Barton Springs, and downtown Austin minutes away. Thousand Oaks is known for its strong neighborhood feel, with cul-de-sac gatherings, driveway happy hours, and annual Halloween celebrations, plus easy access to Bee Caves Road, Mopac, and Loop 360.

At $667/sqft, this home is priced 71% 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

2922 Thousand Oaks Dr, Austin, TX 78746

Property Details

Price $2,299,000
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 $667/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $36,305
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT249703562
List Date October 15, 2026
Elementary School Cedar Creek (Eanes ISD)
Middle School Hill Country
High School Westlake
School District Eanes ISD

Eanes ISD

Cedar Creek (Eanes ISD) · 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 · October 15, 2026 $2,349,000
Current ask $2,299,000
▼ Reduced $50,000 (-2.1%) 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
2505 Bartons Bluff Ct
Wallingwood Sec 02-A
$2,250,000 $536 5 bd / 4 ba 4,200 sqft , 2026-11-07
3613 Pinnacle Rd
Rolling Hills West Sec 02
$2,150,000 $771 4 bd / 3 ba 2,790 sqft , 2026-09-04
1719 Spyglass Dr #1
Spyglass at Barton Creek
$1,839,000 $528 4 bd / 5 ba 3,483 sqft , 2026-10-14
7 Inwood Cir
Rollingwood Sec 01
$1,799,000 $539 4 bd / 5 ba 3,340 sqft , 2026-10-22
2805 Hatley Dr
Rollingwood Sec 02
$2,800,000 $771 5 bd / 4 ba 3,634 sqft , 2026-05-07

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
$11,035/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
$459,800
20% conventional investment loan

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

Estimated Gross Rent+$11,035
Principal + Interest−$12,547
Property Tax (assumed ~2.1%)−$4,023
Insurance (assumed ~0.5%)−$958
Est. Monthly Cash Flow $-6,493

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 2, 2026.

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

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