Active Listing  ·  36 days on market

3135 Burks Ln

Austin, TX 78732
$749,000
4 Bed 2 Bath 2,359 sqft $318/sqft Built 1998 0.18 acres 2-Car Garage Pool Steiner Ranch Ph 01 Sec 04B

Rare one-story home with a pool in Steiner Ranch! Fresh interior paint completed last week, plus major updates in 2023 including the roof, HVAC, windows, pool and spa.

Please refer to the attached list of upgrades for additional improvements. The seller also completed a full home inspection approximately one month ago and has addressed the necessary items.

This home has been exceptionally well cared for and is a great option for buyers looking for a turnkey, move-in-ready home. The welcoming open-concept entrance immediately draws your eye to a beautiful picture window overlooking the pool, while abundant natural light fills the living spaces. The functional floor plan is attached for reference.

Steiner Ranch offers an extensive selection of community amenities; visit Steiner Ranch HOA https://steinerranchhoa.org for community information, amenities, and photos.

A special, thoughtfully maintained home that is absolutely worth seeing in person.

At $318/sqft, this home is 18% below the Austin active market average of $390/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

3135 Burks Ln, Austin, TX 78732

Property Details

Price $749,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths ,
Living Area 2,359 sqft
Lot Size 0.18 acres (7,697.05 sqft)
Year Built 1998
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Steiner Ranch Ph 01 Sec 04B
County Travis
Zip Code 78732
$/sqft $318/sqft
Days on Market ,
HOA $490/Semi-Annually
Annual Tax Est. $10,294.4
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT248530769
List Date October 7, 2026
Elementary School Steiner Ranch
Middle School Canyon Ridge
High School Vandegrift
School District Leander ISD

Leander ISD

Steiner Ranch · Canyon Ridge · Vandegrift

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 · October 7, 2026 $775,000
Current ask $749,000
▼ Reduced $26,000 (-3.4%) 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
12717 Lee Park Ln
Steiner Ranch Parkside
$795,000 $273 3 bd / 3 ba 2,912 sqft , 2026-08-07
12816 Majestic Oaks Dr
Steiner Ranch Ph 01 Sec 05C
$699,000 $268 5 bd / 3 ba 2,612 sqft , 2026-07-06
3008 Burks Ln
Steiner Ranch
$699,000 $273 3 bd / 2 ba 2,563 sqft , 2026-10-08
2900 Grimes Ranch Rd
Steiner Ranch Ph 01 Sec 05A
$799,000 $259 4 bd / 3 ba 3,088 sqft , 2026-09-18
3200 Burks Ln
Steiner Ranch Ph 01 Sec 04B
$684,999 $263 4 bd / 3 ba 2,601 sqft , 2026-06-06

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
$3,595/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
$149,800
20% conventional investment loan

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

Estimated Gross Rent+$3,595
Principal + Interest−$4,088
Property Tax (assumed ~2.1%)−$1,311
Insurance (assumed ~0.5%)−$312
Est. Monthly Cash Flow $-2,116

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 10, 2026.

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

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