Active Listing  ·  166 days on market

3100 Lynridge Dr

Austin, TX 78723
$524,900
4 Bed 2 Bath 2,111 sqft $249/sqft Built 1970 0.22 acres 2-Car Garage Pool Vintage Hills Sec 04

Welcome to this beautifully updated one-story home, with 4 bedrooms in the main house, offering comfort, style, and functionality. Fresh interior and exterior paint, low-maintenance vinyl plank flooring throughout, recessed lighting, custom fixtures, beam ceilings, and ceiling fans create a warm, modern feel. Dual-pane windows, upgraded weather sealing, and Level 3 attic insulation enhance energy efficiency.

The home features two spacious living areas, perfect for entertaining or relaxing, centered around a cozy gas fireplace. The updated kitchen includes stainless steel appliances, granite countertops, a center island, custom backsplash, and ample cabinet space.

Both bathrooms have been tastefully updated with modern vanities and finishes. A large laundry room adds everyday convenience.

Step outside to a private backyard retreat with an extended patio, low-maintenance turf, and multiple spaces to lounge or entertain under mature oak trees. Custom concrete work adds to the home’s appeal.

A standout feature is the approx. 200 sq ft detached ADU with its own heating and air conditioning—ideal for a home office, 5th bedroom, guest suite, or flex space.

Additional updates include a new Premium AC (May 2025), new garage doors, a roof replaced in 2017, and a lifetime foundation warranty for added peace of mind.

Conveniently located just minutes from downtown Austin and University Hills, this move-in-ready home offers easy access to dining, entertainment, and major employers.

At $249/sqft, this home is 37% below the Austin active market average of $393/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

3100 Lynridge Dr, Austin, TX 78723

Property Details

Price $524,900
Status Active Listing
Beds 4
Full Baths 2
Half Baths ,
Living Area 2,111 sqft
Lot Size 0.22 acres (9,683.39 sqft)
Year Built 1970
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Vintage Hills Sec 04
County Travis
Zip Code 78723
$/sqft $249/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $10,069.93
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT223702851
List Date April 10, 2026
Elementary School Andrews
Middle School Webb
High School Lyndon B Johnson (Austin ISD)
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 →

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 · April 10, 2026 $599,000
Previous ask $529,000
Current ask $524,900
Reduced $74,100 (-12.4%) 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
6205 Hylawn Dr
Cherrylawn Sec 5
$525,000 $265 4 bd / 3 ba 1,984 sqft , 2026-03-24
3205 Rockhurst Ln
Summit At University Hills
$515,000 $353 3 bd / 3 ba 1,458 sqft , 2026-09-04
6109 Cherrylawn Cir #A
Manor Townhomes
$539,999 $253 3 bd / 4 ba 2,133 sqft , 2026-05-18
5209 Purple Sage Dr
LAS CIMAS SEC 1
$509,000 $232 5 bd / 5 ba 2,192 sqft , 2026-07-13
6807 Roanoke Dr
University Hills Sec 02 Ph 05
$549,999 $390 3 bd / 2 ba 1,410 sqft , 2026-08-10

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
$2,520/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
$104,980
20% conventional investment loan

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

Estimated Gross Rent+$2,520
Principal + Interest−$2,865
Property Tax (~2.1% TX avg)−$919
Insurance (~0.5%)−$219
Est. Monthly Cash Flow $-1,483

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

More Luxury Homes in Austin

Loading…
View All Luxury Homes →
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 September 23, 2026.

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