Active Listing  ·  18 days on market

3105 Borden Rd

Austin, TX 78757
$815,000
4 Bed 3 Bath 2,020 sqft $403/sqft Built 1962 0.20 acres 2-Car Garage Pool Allandale Terrace Sec 02

This is a rare opportunity in Allandale: a four-bedroom where the expensive,

invisible work is already done, on a private gated lot with room at the back

for a second dwelling.

Every window in the house has been replaced. Newer roof, new HVAC and water

heater, a new air duct system, and added insulation in the walls. The electrical

breaker box has been replaced as well. Almost nothing in this

house is original.

The original floor-plan has been opened up: two distinct living areas and a

dedicated dining room now flow into a center kitchen with quartz countertops and

peninsula seating, with all-new high-end appliances. Floors, bathrooms, and

cabinetry were redone throughout, with quality finishes.

Parking is rare in this neighborhood: two cars in the open driveway, two more behind

the private gate, and two in the detached garage, that makes a total of six off-street spaces.

That gated drive runs past the house to the rear of the lot, so a future guest

house or garage apartment would have its own separate entrance, independent of

the main house. No HOA, no association dues, no approvals to work through.

Allandale offers what buyers look for and rarely find this close in: quiet

streets and mature trees, with Northwest District Park nearby for trails,

tennis and basketball courts, playgrounds, and a public pool. Gullett

Elementary is a short walk away, and attendance continues to Lamar Middle and

McCallum High, both home to Austin ISD's Fine Arts Academy programs. The

Domain, Q2 Stadium, the Burnet Road and Anderson Lane restaurant corridors,

major tech campuses, and downtown Austin are all 5 to 15 minutes out.

At $403/sqft, this home is priced 3% above the Austin active market average of $392/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

3105 Borden Rd, Austin, TX 78757

Property Details

Price $815,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths 1
Living Area 2,020 sqft
Lot Size 0.20 acres (8,494.2 sqft)
Year Built 1962
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Allandale Terrace Sec 02
County Travis
Zip Code 78757
$/sqft $403/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT121034978
List Date August 6, 2026
Elementary School Gullett
Middle School Lamar (Austin ISD)
High School McCallum
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 · August 6, 2026 $850,000
Current ask $815,000
Reduced $35,000 (-4.1%) 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
2009 Payne Ave #2
Bellaire
$825,000 $530 3 bd / 3 ba 1,557 sqft , 2026-05-20
5906 Nasco Dr
Allandale Sec 4
$799,999 $426 4 bd / 2 ba 1,878 sqft , 2026-07-20
3304 Whitepine Dr
Allandale Park Sec 09
$739,990 $370 3 bd / 2 ba 1,998 sqft , 2026-07-03
6103 Janey Dr
Allandale West Sec 05
$725,000 $438 4 bd / 2 ba 1,657 sqft , 2026-08-20
1716 Karen Ave
Brentwood Terrace
$699,900 $511 3 bd / 1 ba 1,370 sqft , 2026-08-07

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
$3,912/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
$163,000
20% conventional investment loan

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

Estimated Gross Rent+$3,912
Principal + Interest−$4,448
Property Tax (~2.1% TX avg)−$1,426
Insurance (~0.5%)−$340
Est. Monthly Cash Flow $-2,302

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 →

Neighborhood Context

About Allandale

Allandale is North Central Austin's original family neighborhood - platted in the 1950s and shaped by decades of homeowners who chose it for its tree-lined streets, strong schools, and community identity. Bounded roughly by 45th Street to the south, Koenig Lane to the north, MoPac to the west, and Burnet Road to the east, it occupies one of Austin's most convenient locations.

The housing stock is predominantly 1950s to 60s brick ranch homes - modest footprints on generous lots, many with mature live oaks that took 60 years to grow. Renovated Allandale homes command significant premiums, while original-condition homes represent some of the last attainable entry points in North Central Austin. New custom construction is an increasing presence as teardown economics make sense at these lot values.

🍽️
Burnet Road Corridor

Allandale's eastern edge is lined with some of Austin's best independent restaurants, coffee shops, and bars. Uchi, Violet Crown Cinema, Foreign & Domestic, Epoch Coffee - all within walking distance of many Allandale addresses.

🌳
Mature Tree Canopy

Sixty years of live oak growth creates a canopy that makes Allandale feel noticeably cooler and quieter than newer Austin neighborhoods. The trees are a defining asset - and an Austin Heritage Tree protection means they're here to stay.

🏫
McCallum High School

McCallum is one of Austin ISD's most respected high schools - known for its Fine Arts Academy (one of the top performing arts magnet programs in Texas) and strong academics. It's a major draw for families with high school-age children.

🚶
Walkable Errands

Allandale residents walk to coffee, restaurants, a hardware store, and neighborhood shops on a regular basis. It's not a walk-everywhere neighborhood, but the Burnet Road corridor makes daily errands genuinely walkable from the eastern half of the neighborhood.

Full Allandale Guide →

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 23, 2026.

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