Active Listing  ·  110 days on market

3103 Matador Dr

Austin, TX 78741
$419,900
4 Bed 2 Bath 1,490 sqft $282/sqft Built 1966 0.26 acres 1-Car Garage Pool Santa Monica Park Sec 02

Priced to sell and move-in ready just minutes from Downtown Austin. This beautifully updated home blends comfort, function, and style with an open-concept layout, vaulted ceilings, and bright, inviting living spaces. The refreshed kitchen features marble countertops, custom shelving, ample storage, and a clean modern feel that opens naturally into the main living and dining areas. Now offering four bedrooms, including a spacious primary suite with a well-appointed updated bath, the home has been thoughtfully improved throughout with renovated bathrooms, fresh paint, updated systems, and a functional layout designed for everyday living. Set on a large, tree-covered lot with strong curb appeal and plenty of space to relax, entertain, or enjoy the outdoors. Located less than 10 minutes from Downtown Austin and approximately 15 minutes from the airport, this central Austin location offers easy access to dining, shopping, entertainment, major employers, and everything the city has to offer. Foundation quote attached. Seller has accounted for the cost of the bid in the list price. Note: Some images are virtually staged and/or digitally enhanced for presentation purposes.

At $282/sqft, this home is 28% 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

3103 Matador Dr, Austin, TX 78741

Property Details

Price $419,900
Status Active Listing
Beds 4
Full Baths 2
Half Baths ,
Living Area 1,490 sqft
Lot Size 0.26 acres (11,299.46 sqft)
Year Built 1966
Garage 1 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Santa Monica Park Sec 02
County Travis
Zip Code 78741
$/sqft $282/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $10,918.75
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT232579927
List Date June 5, 2026
Elementary School Linder
Middle School Lively
High School Travis
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
1704 Alleghany Dr
Greenbriar Sec 01
$425,000 $284 3 bd / 2 ba 1,496 sqft , 2026-03-20
2017 Geniveive Ln
Edgewick Condo
$375,000 $258 3 bd / 3 ba 1,456 sqft , 2026-09-18
2507 Glen Springs Way
Greenbriar Sec 01
$474,900 $335 3 bd / 2 ba 1,416 sqft , 2026-08-05
2703 Princeton Dr
Burleson Road Heights
$499,000 $399 3 bd / 2 ba 1,250 sqft , 2026-09-17
2001 Tramson Dr
Edgewick
$319,000 $215 3 bd / 3 ba 1,483 sqft , 2026-07-31

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
$2,016/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
$83,980
20% conventional investment loan

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

Estimated Gross Rent+$2,016
Principal + Interest−$2,292
Property Tax (~2.1% TX avg)−$735
Insurance (~0.5%)−$175
Est. Monthly Cash Flow $-1,186

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 June 28, 2026.

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