Active Listing  ·  7 days on market

3 Brett Cv

Austin, TX 78746
$3,200,000
4 Bed 4 Bath 4,055 sqft $789/sqft Built 1995 1.20 acres 4-Car Garage Pool Rollingwood Park Estates Sec 2

Set on more than an acre in the heart of Rollingwood, 3 Brett Cove is a distinctive residence where architecture and landscape unfold in harmony. Light-filled interiors connect to shaded patios, inviting outdoor living spaces, and beautifully landscaped terraces that follow the natural contours of the hillside. The outdoor setting features a pool and spa, Ipe decking, and a covered entertaining area with a built-in grill, thoughtfully designed by Bill Bauer and Garden Design Studios. Inside, the home offers a welcoming kitchen and informal living spaces, while the lower level—designed by Michael Hsu—provides additional living and gathering areas with its own connection to the outdoors. A residential elevator adds convenience, while winding garden paths lead through mature landscaping to a secluded woodland meadow below. Private yet connected to its surroundings, 3 Brett Cove offers a rare opportunity to experience a home that reveals something special at every turn.

At $789/sqft, this home is priced 102% 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

3 Brett Cv, Austin, TX 78746

Property Details

Price $3,200,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths 1
Living Area 4,055 sqft
Lot Size 1.20 acres (52,115.18 sqft)
Year Built 1995
Garage 4 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Rollingwood Park Estates Sec 2
County Travis
Zip Code 78746
$/sqft $789/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $47,926.57
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT249813685
List Date November 5, 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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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
2805 Hatley Dr
Rollingwood Sec 02
$2,800,000 $771 5 bd / 4 ba 3,634 sqft , 2026-05-07
1102 Heritage Way
Heritage Way Sec 02
$3,850,000 $946 5 bd / 5 ba 4,070 sqft , 2026-10-12
2501 Stratford Dr
Bluffington Sec 01
$2,500,000 $553 4 bd / 4 ba 4,521 sqft , 2026-06-18
3704 Bonnie Rd
Walsh Place Div B
$3,995,000 $1,060 5 bd / 6 ba 3,769 sqft , 2026-10-19
403 Ridgewood None
RIDGEWOOD VILLAGE
$3,999,000 $959 5 bd / 6 ba 4,171 sqft , 2026-09-27

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
$15,360/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
$640,000
20% conventional investment loan

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

Estimated Gross Rent+$15,360
Principal + Interest−$17,464
Property Tax (assumed ~2.1%)−$5,600
Insurance (assumed ~0.5%)−$1,333
Est. Monthly Cash Flow $-9,037

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 11, 2026.

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

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