Active Listing  ·  29 days on market

3007 Village Dr

Austin, TX 78731
$1,770,000
4 Bed 4 Bath 2,671 sqft $663/sqft Built 2026 0.23 acres 1-Car Garage Pool New Construction Highland Village Sec 02 Pt 02

There are neighborhoods that define Austin.

Then there is Highland Park West.

Thoughtfully reimagined for modern living while honoring the architectural character that makes this neighborhood so beloved, 3007 Village Drive begins with a story of preservation. Rather than erasing the past, the home's original front exterior wall was intentionally retained and artfully redesigned, preserving its historic character while introducing clean contemporary lines and sophisticated modern finishes. The result is a residence that feels both timeless and unmistakably current.

Nestled beneath a canopy of mature oaks in one of Central Austin's most coveted enclaves, this exceptional home offers a rare blend of architectural integrity, luxurious craftsmanship, and an address that simply never goes out of style.

Just minutes from Downtown, Lake Austin, Mount Bonnell, The Arboretum, and some of Austin's finest restaurants and boutiques, every destination feels effortlessly close while home remains a peaceful retreat tucked into one of the city's most established neighborhoods.

Inside, sophisticated design unfolds through expansive open living spaces filled with natural light, soaring ceilings, wide-plank flooring, and walls of glass that blur the line between indoors and out. Every finish has been thoughtfully selected to create an atmosphere that is both refined and inviting.

Priced at appraisal and pre- inspected.

At $663/sqft, this home is priced 70% 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

3007 Village Dr, Austin, TX 78731

Property Details

Price $1,770,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths 1
Living Area 2,671 sqft
Lot Size 0.23 acres (9,988.31 sqft)
Year Built 2026
Garage 1 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Highland Village Sec 02 Pt 02
County Travis
Zip Code 78731
$/sqft $663/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $14,343.57
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT236685168
List Date July 6, 2026
Elementary School Highland Park
Middle School Lamar (Austin ISD)
High School Austin
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
5224 Mccormick Mountain Dr
Travis Landing
$1,775,000 $612 3 bd / 3 ba 2,898 sqft , 2026-05-14
3112 Clawson Rd
THEODORE HEIGHTS
$1,775,000 $809 3 bd / 3 ba 2,194 sqft , 2026-05-28
1603 Willow St
1603 Willow Condos
$1,750,000 $595 5 bd / 5 ba 2,942 sqft , 2026-03-03
2112 Lawnmont Ave
Shoalmont Add Resub
$1,750,000 $601 5 bd / 5 ba 2,910 sqft , 2025-12-26
1613 CHURCHWOOD Cv
WOODS OF WESTLAKE HEIGHTS
$1,750,000 $508 4 bd / 3 ba 3,446 sqft , 2026-06-03

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
$8,496/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
$354,000
20% conventional investment loan

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

Estimated Gross Rent+$8,496
Principal + Interest−$9,660
Property Tax (~2.1% TX avg)−$3,098
Insurance (~0.5%)−$738
Est. Monthly Cash Flow $-5,000

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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