Active Listing  ·  123 days on market

3203 Foster Ln

Austin, TX 78757
$710,000
4 Bed 2 Bath 1,634 sqft $435/sqft Built 1972 0.20 acres 2-Car Garage Pool Allandale Park Sec 09

Welcome home to 3203 Foster Ln! NEW ROOF 2026. This tastefully updated home has so many beautiful features! As you approach the home you will notice a covered front porch that could be used as a beautiful courtyard space and garden. Step inside and see contiguous floors and NO CARPET. With FOUR true bedrooms one could easily be a dedicated office. The family room in this home is a gem for the area with an anchoring fireplace that overlooks a large covered patio. The backyard is heavily treed and shaded with plenty of room for a pool!. The kitchen opens to both the family room AND front living and dining space with a flexible floor plan to best fit your needs. The primary bedroom is tucked at the back of the home with two primary closets and a private access to the outdoor patio. The previous owner replaced all windows and doors for energy efficient vinyl windows that truly drown out the noise. This prime location has easy access to Mopac and 183 commutes as well as local shopping and dining in the Burnet district. Enjoy easy access to hopdaddys, Alamo Drafthouse, Tony Cs and so much more! For outdoor lovers you are around the corner from one of the best parks in central Austin at Northwest District Park. Enjoy walking trails, tennis courts, basketball courts, playgrounds and a great public pool this summer! Cycling lovers can step outside to biking trails- this truly is the home with all conveniences. Highly desirable Gullet elementary consistently receives glowing reviews over the years.

At $435/sqft, this home is priced 11% above the Austin active market average of $391/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

3203 Foster Ln, Austin, TX 78757

Property Details

Price $710,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths ,
Living Area 1,634 sqft
Lot Size 0.20 acres (8,581.32 sqft)
Year Built 1972
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Allandale Park Sec 09
County Travis
Zip Code 78757
$/sqft $435/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $12,976.93
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT224805571
List Date April 3, 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 →

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
2401 De Soto Dr
Austin Lake Estates Sec 02
$710,000 $393 4 bd / 3 ba 1,806 sqft , 2026-04-13
4412 Tilley St #E
Mueller
$710,000 $385 3 bd / 3 ba 1,844 sqft , 2026-05-14
219 Honey Creek Ct #10
Honey Creek
$709,000 $390 3 bd / 3 ba 1,818 sqft , 2026-04-20
712 E 44th St #A
Caswell Place Condo
$714,900 $348 4 bd / 3 ba 2,052 sqft , 2026-06-02
3923 E 16th St #A
Flournoy Hts Sec 3
$705,000 $430 3 bd / 3 ba 1,639 sqft , 2026-05-29

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
$3,408/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
$142,000
20% conventional investment loan

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

Estimated Gross Rent+$3,408
Principal + Interest−$3,875
Property Tax (~2.1% TX avg)−$1,243
Insurance (~0.5%)−$296
Est. Monthly Cash Flow $-2,006

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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