Active Listing  ·  8 days on market

3101 Lions Tail St

Austin, TX 78728
$415,000
3 Bed 3 Bath 1,877 sqft $221/sqft Built 2018 0.13 acres 2-Car Garage Pool Preston Park Sec 1

Experience the best of Austin living in this stunning, move-in ready home! This pristine 3-bedroom, 2.5-bathroom property delivers a smart, functional layout loaded with contemporary finishes and natural light.

Step inside to a bright layout with wood-look tile flooring throughout the main living areas. The kitchen features stainless steel appliances, stone countertops, a center island with bar seating, and ample cabinet storage. The rest of the main level is an open floor plan ready to make your own.

Upstairs, the expansive primary suite serves as a true retreat, complete with a generous walk-in closet and a spa-like ensuite bath. Down the hall, find two additional roomy bedrooms and a second full bathroom.

Outside, enjoy a private, fully fenced backyard with a covered patio. Commuting is effortless with immediate access to I-35 and the SH-45 Toll—putting you just 10 minutes to Dell and the North Austin tech corridor, 12 minutes to The Domain, and 20 minutes to Downtown Austin.

Don't miss out on this turn-key opportunity. Tour today!

At $221/sqft, this home is 44% below the Austin active market average of $392/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

3101 Lions Tail St, Austin, TX 78728

Property Details

Price $415,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,877 sqft
Lot Size 0.13 acres (5,823.97 sqft)
Year Built 2018
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Preston Park Sec 1
County Travis
Zip Code 78728
$/sqft $221/sqft
Days on Market ,
HOA $125/Quarterly
Annual Tax Est. $6,486.06
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT243210475
List Date August 14, 2026
Elementary School Joe Lee Johnson
Middle School Deerpark
High School McNeil
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
3629 Ruby Red Dr
Willow Run Sec 10-A
$415,000 $206 3 bd / 3 ba 2,012 sqft , 2026-04-06
3424 Rooba St
Preston Park Sec 1
$415,000 $194 3 bd / 3 ba 2,143 sqft , 2026-07-25
4036 Tranquil Ln
Raceway Single Family Sub
$419,900 $208 3 bd / 3 ba 2,020 sqft , 2026-07-19
169 Kulmbacher Dr
Willow Trace
$429,900 $258 3 bd / 2 ba 1,664 sqft , 2026-08-14
15308 Cadoz Dr
Willow Run Sec 01
$399,000 $212 3 bd / 3 ba 1,878 sqft , 2026-05-20

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
$1,992/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
$83,000
20% conventional investment loan

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

Estimated Gross Rent+$1,992
Principal + Interest−$2,265
Property Tax (~2.1% TX avg)−$726
Insurance (~0.5%)−$173
Est. Monthly Cash Flow $-1,172

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 16, 2026.

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