Active Listing  ·  13 days on market

3203 Western Dr

Austin, TX 78745
$649,900
3 Bed 2 Bath 1,666 sqft $390/sqft Built 1981 0.31 acres 2-Car Garage Pool Western Hills At Cherry Creek

Set on a quiet cul-de-sac in South Austin, 3203 Western Drive offers 1,666 square feet with three bedrooms, two full bathrooms, a large screened in back patio, a detached casita/ office, and an inviting indoor-outdoor living feel. Warm wood floors, vaulted ceilings, and abundant natural light create a bright, welcoming feel throughout the main living spaces, with an easy flow between the living room, dining area, and kitchen.

The kitchen features granite countertops, stainless steel appliances, a gas range, breakfast bar, and generous cabinetry, while a spacious butler’s pantry provides additional storage and prep space. The primary suite offers a comfortable retreat with a sitting area, dual vanities, and ample space to unwind.

One of the home’s standout features is the backyard, where mature trees create a beautiful canopy of shade over the expansive, privacy-fenced lot. A large covered and screened-in patio provides a comfortable setting for outdoor dining and entertaining, while a detached approximately 200-square-foot casita offers an ideal home office, studio, or flex space. An attached two-car garage adds everyday convenience and storage.

Located in the heart of 78745 with easy access to South Austin favorites, shopping, dining, and downtown, 3203 Western Drive pairs a spacious lot and flexible living with the ease of a well-connected South Austin location.

At $390/sqft, this home is priced in line with the Austin market average of $392/sqft across 4,460 active listings. View Austin market report →

Location

3203 Western Dr, Austin, TX 78745

Property Details

Price $649,900
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,666 sqft
Lot Size 0.31 acres (13,603.79 sqft)
Year Built 1981
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Western Hills At Cherry Creek
County Travis
Zip Code 78745
$/sqft $390/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $12,031.98
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT245233363
List Date September 25, 2026
Elementary School Sunset Valley
Middle School Covington
High School Crockett
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
6701 Rearden Rd
Western Hills At Cherry Creek
$649,000 $404 4 bd / 2 ba 1,607 sqft , 2026-07-14
7709 Evaline Ln
Southampton Hills
$645,000 $402 3 bd / 3 ba 1,605 sqft , 2026-09-23
6712 Blarwood Dr
Forest Blarwood
$674,000 $311 3 bd / 3 ba 2,170 sqft , 2026-08-27
6806 Rearden Rd
Western Hills At Cherry Creek
$695,000 $459 3 bd / 2 ba 1,514 sqft , 2026-09-28
6304 Cannes Cir
Cherry Creek Ph 06 Sec 02 Amd
$599,000 $401 3 bd / 2 ba 1,495 sqft , 2026-09-11

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
$3,120/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
$129,980
20% conventional investment loan

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

Estimated Gross Rent+$3,120
Principal + Interest−$3,547
Property Tax (~2.1% TX avg)−$1,137
Insurance (~0.5%)−$271
Est. Monthly Cash Flow $-1,835

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 October 4, 2026.

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