Active Listing  ·  201 days on market

3104 Sasparilla Cv

Austin, TX 78748
$735,000
4 Bed 3 Bath 2,686 sqft $274/sqft Built 1985 0.22 acres 2-Car Garage Pool Shady Hollow Sec 06 Ph B

This well-appointed, recently updated home is situated on a spacious, tree-lined cul-de-sac lot in the heart of Shady Hollow. Recent improvements include roof, flooring, windows, interior and exterior paint, cabinets, countertops, tubs, showers, lighting, and fans. The home is conveniently located near some of AISD's top schools. The open floor plan offers two dining areas and two living areas. The owner's suite is on the first floor, with three additional bedrooms upstairs and a unique landing between levels. The property provides easy access to Brodie Lane, shopping, award-winning restaurants, and major highways. Residents enjoy extensive community amenities, including sports courts, parks, hiking trails, a pool, an amenity center, and more.

At $274/sqft, this home is 30% 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

3104 Sasparilla Cv, Austin, TX 78748

Property Details

Price $735,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths 1
Living Area 2,686 sqft
Lot Size 0.22 acres (9,726.95 sqft)
Year Built 1985
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Shady Hollow Sec 06 Ph B
County Travis
Zip Code 78748
$/sqft $274/sqft
Days on Market ,
HOA $46/Monthly
Annual Tax Est. $10,445.78
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT218347799
List Date February 4, 2026
Elementary School Baranoff
Middle School Bailey
High School Bowie
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
11115 Shady Hollow Dr
Shady Hollow Add
$749,000 $276 4 bd / 3 ba 2,711 sqft , 2026-03-23
11600 Arroyo Blanco Dr
Southland Oaks Sec 05
$750,000 $215 5 bd / 4 ba 3,490 sqft , 2026-05-28
2513 Niemann Dr
Southland Oaks Sec 05
$765,000 $260 4 bd / 3 ba 2,937 sqft , 2026-07-09
3105 Sesbania Dr
Shady Hollow Sec 06 Ph A
$699,500 $250 4 bd / 3 ba 2,797 sqft , 2026-07-17
3414 Eldorado Trl
Shady Hollow Add Sec 02 Ph 01
$665,000 $316 3 bd / 2 ba 2,105 sqft , 2026-06-25

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
$3,528/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
$147,000
20% conventional investment loan

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

Estimated Gross Rent+$3,528
Principal + Interest−$4,011
Property Tax (~2.1% TX avg)−$1,286
Insurance (~0.5%)−$306
Est. Monthly Cash Flow $-2,075

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 July 28, 2026.

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