Active Listing  ·  25 days on market

3007 E 4th St

Austin, TX 78702
$750,000
3 Bed 2 Bath 1,191 sqft $630/sqft Built 1996 0.19 acres 1-Car Garage Pool Tillery Square

Rare opportunity in the heart of East Austin's highly sought-after 78702. Set on an unusually large city lot, this property offers the space, location, and flexibility that have become increasingly difficult to find this close to Downtown Austin and Lady Bird Lake. An ideal opportunity for a homeowner looking for more land in the city, or an investor/developer looking to explore the possibilities of a prime East Austin property.

The existing single-story home features 3 bedrooms, 2 full baths, a functional living and dining layout, central air, an added covered carport, and storage building. The home sits among mature trees with access along both sides, opening to an expansive backyard with substantial usable outdoor space for entertaining, gardening, pets, play, or future possibilities. Buyer to independently verify zoning, development potential, restrictions, and permitted uses.

The location is the real standout. Enjoy the East Austin lifestyle with Lady Bird Lake, the Ann and Roy Butler Hike-and-Bike Trail, Downtown Austin, East Cesar Chavez, East 6th Street, Plaza Saltillo, local coffee shops, restaurants, bars, parks, and neighborhood favorites all nearby. Walk or bike to many of the places that make 78702 one of Austin's most desirable urban ZIP codes, while still enjoying the privacy and outdoor space of a single-family property.

Minutes from Downtown, UT Austin, Mueller, and Austin-Bergstrom International Airport, with convenient access to I-35, US-183 and SH-71.

Large lot. Central Austin. 78702. A rare combination of land, lifestyle, and location with the opportunity to make it your own.

At $630/sqft, this home is priced 60% above the Austin active market average of $393/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

3007 E 4th St, Austin, TX 78702

Property Details

Price $750,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,191 sqft
Lot Size 0.19 acres (8,071.67 sqft)
Year Built 1996
Garage 1 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Tillery Square
County Travis
Zip Code 78702
$/sqft $630/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $11,002.23
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT244765884
List Date August 28, 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.

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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
2406 Santa Maria St
Industrial Add
$770,000 $552 3 bd / 2 ba 1,394 sqft , 2026-08-27
1124 Tillery St
Division A
$675,000 $842 2 bd / 1 ba 802 sqft , 2026-07-18
2007 Canterbury St #2
Driving Park Add
$829,500 $593 3 bd / 3 ba 1,400 sqft , 2026-04-17
2301 East 2nd St #2
Jones F H
$835,000 $522 3 bd / 4 ba 1,600 sqft , 2026-09-12
2214 Garden St #1
N/A
$849,000 $685 3 bd / 3 ba 1,240 sqft , 2026-07-09

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
$3,600/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
$150,000
20% conventional investment loan

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

Estimated Gross Rent+$3,600
Principal + Interest−$4,093
Property Tax (~2.1% TX avg)−$1,313
Insurance (~0.5%)−$313
Est. Monthly Cash Flow $-2,119

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 August 29, 2026.

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