Active Listing  ·  46 days on market

3101 Lyons Rd

Austin, TX 78702
$900,000
4 Bed 5 Bath 2,364 sqft $381/sqft Built 2022 0.15 acres Pool Chernosky 14

Experience modern living at its finest in this beautifully designed East Austin home, ideally located between the desirable Rosewood and Govalle neighborhoods. Built in 2022, this 4-bedroom, 4.5-bath residence offers 2,364 square feet of thoughtfully designed living space with an open-concept floor plan filled with natural light.

The gourmet kitchen is the heart of the home, featuring premium appliances, stone countertops, a large center island, abundant cabinetry, and a spacious walk-in pantry. A desirable main-level guest suite provides flexibility for visitors or a home office, while upstairs, the luxurious primary retreat offers vaulted ceilings, a spa-inspired ensuite, a generous walk-in closet, and direct access to the laundry room. Each additional bedroom includes its own private bathroom, offering comfort and privacy for family or guests.

Enjoy multiple outdoor living spaces, including a welcoming wraparound porch, expansive entertaining deck, private balcony, and beautifully landscaped yard. Conveniently located just minutes from Downtown Austin, this exceptional home provides easy access to local dining, shopping, parks, and entertainment while offering the perfect balance of luxury, comfort, and location.

At $381/sqft, this home is 3% 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 Lyons Rd, Austin, TX 78702

Property Details

Price $900,000
Status Active Listing
Beds 4
Full Baths 4
Half Baths 1
Living Area 2,364 sqft
Lot Size 0.15 acres (6,577.56 sqft)
Year Built 2022
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Chernosky 14
County Travis
Zip Code 78702
$/sqft $381/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT242468219
List Date August 7, 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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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 · August 7, 2026 $950,000
Current ask $900,000
Reduced $50,000 (-5.3%) 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
1131 Poquito St #A
11315 Poquito Condo Ame
$899,000 $578 3 bd / 3 ba 1,556 sqft , 2026-04-24
3608 Thompson St #1
Goodwin E C
$899,000 $392 4 bd / 4 ba 2,295 sqft , 2026-06-29
3129 Govalle Ave
Villa Govalle
$895,000 $464 3 bd / 3 ba 1,928 sqft , 2026-06-25
2303 East 2nd St #1
Jones F H
$895,000 $532 3 bd / 4 ba 1,681 sqft , 2026-08-06
2921 Lyons Rd #1
Chernosky 14
$915,000 $489 3 bd / 3 ba 1,871 sqft , 2026-03-13

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
$4,320/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
$180,000
20% conventional investment loan

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

Estimated Gross Rent+$4,320
Principal + Interest−$4,912
Property Tax (~2.1% TX avg)−$1,575
Insurance (~0.5%)−$375
Est. Monthly Cash Flow $-2,542

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 September 18, 2026.

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