Active Listing  ·  133 days on market

3000 Neal St

Austin, TX 78702
$675,000
4 Bed 4 Bath 2,083 sqft $324/sqft Built 2014 0.09 acres Pool Villa Govalle

Clean, bright, and spacious! This 4 bed | 3.5 bath single-family home is currently a successful turnkey STR and would be an exceptional residence for anyone. The open floor plan is airy and functional with the primary suite, full-size laundry, and powder room on the main level - three guest beds and two full baths upstairs. An abundance of natural light fills every room from many architectural windows throughout the home. Polished concrete and bamboo flooring provide a smooth and tidy feel. The location cannot be beat for the price with a myriad of Austin's top restaurants, bars, and shopping within minutes from this home.

At $324/sqft, this home is 17% below the Austin active market average of $391/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

3000 Neal St, Austin, TX 78702

Property Details

Price $675,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths 1
Living Area 2,083 sqft
Lot Size 0.09 acres (3,902.98 sqft)
Year Built 2014
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Villa Govalle
County Travis
Zip Code 78702
$/sqft $324/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $14,798.15
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT223641467
List Date March 24, 2026
Elementary School Govalle
Middle School Martin
High School Eastside Early College
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.

Schedule a Call →

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
4608 Frontier Trl
Western Trails Sec 01
$675,000 $322 4 bd / 2 ba 2,094 sqft , 2025-11-03
4804 Westfield Dr
Highland Village Sec 02 Pt 02
$675,000 $348 3 bd / 2 ba 1,938 sqft , 2026-01-29
7702 Wynne Ln
Brownleaf Estates
$675,000 $374 4 bd / 2 ba 1,803 sqft , 2026-02-18
212 Great Circle Cv
Highland Horizon Ph 01
$675,000 $249 4 bd / 3 ba 2,713 sqft , 2025-12-21
3506 Pennsylvania Ave #1
Huston Sam Heights
$675,000 $314 5 bd / 4 ba 2,153 sqft , 2026-03-18

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
$3,240/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
$135,000
20% conventional investment loan

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

Estimated Gross Rent+$3,240
Principal + Interest−$3,684
Property Tax (~2.1% TX avg)−$1,181
Insurance (~0.5%)−$281
Est. Monthly Cash Flow $-1,906

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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