Active Listing  ·  15 days on market

3112 Prado St #1

Austin, TX 78702
$924,900
3 Bed 3 Bath 1,978 sqft $468/sqft Built 2026 0.15 acres 1-Car Garage Pool New Construction Chernosky 12

Stunning custom craftsmanship defines this nearly 2,000-square-foot home by Pintail Development. For nearly 18 years, Pintail has earned a reputation for building high-quality custom homes throughout Central Austin, and this residence is a clear example of that standard.

Inside, you’ll find a spacious 3-bedroom, 2½-bath layout with a separate laundry room, hardwood flooring, porcelain tile, and thoughtfully selected upgraded light fixtures. The kitchen is a true cook’s dream, offering more cabinet space than virtually any other home in the area. A large waterfall quartz island anchors the room, paired with an upgraded six-burner gas range featuring double French doors—details that set this home apart.

Quality is evident throughout, yet it goes far deeper than finishes alone. The home is built with full foam insulation and energy-efficient Andersen windows, delivering the comfort, efficiency, and long-term value buyers expect from a Pintail home.

Work in progress, home ready for move in within 2 weeks.

At $468/sqft, this home is priced 20% above the Austin active market average of $390/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

3112 Prado St #1, Austin, TX 78702

Property Details

Price $924,900
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,978 sqft
Lot Size 0.15 acres (6,438.17 sqft)
Year Built 2026
Garage 1 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Chernosky 12
County Travis
Zip Code 78702
$/sqft $468/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $5,812.94
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT250341766
List Date October 28, 2026
Elementary School Brooke
Middle School Martin
High School Eastside Early College
School District Austin ISD

Austin ISD

Brooke · Martin · Eastside Early College

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
3524 Gonzales St #1A
Grange Commons
$928,000 $432 3 bd / 4 ba 2,147 sqft , 2026-06-02
2921 Lyons Rd #1
Chernosky 14
$915,000 $489 3 bd / 3 ba 1,871 sqft , 2026-10-01
111 Mildred St #3
Jones F H
$935,000 $505 3 bd / 4 ba 1,853 sqft , 2026-11-10
2302 E 9th St
Grandview Place
$899,900 $380 4 bd / 3 ba 2,369 sqft , 2026-06-18
3608 Thompson St #1
Goodwin E C
$899,000 $392 4 bd / 4 ba 2,295 sqft , 2026-06-29

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
$4,440/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
$184,980
20% conventional investment loan

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

Estimated Gross Rent+$4,440
Principal + Interest−$5,048
Property Tax (assumed ~2.1%)−$1,619
Insurance (assumed ~0.5%)−$385
Est. Monthly Cash Flow $-2,612

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 · 41 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. The written content was last updated on November 3, 2026.

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

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