Active Listing  ·  7 days on market

3204 Benbrook Dr

Austin, TX 78757
$739,000
4 Bed 2 Bath 1,686 sqft $438/sqft Built 1969 0.20 acres 2-Car Garage Pool Allandale Estates Sec 04

** Now offered at an improved price and $5,000 toward the buyer’s closing costs and prepaid expenses. **

Welcome to this renovated North Shoal Creek 4-bedroom, 2-bath, home on a quiet cul-de-sac. At nearly 1,700 square feet, the home blends mid-century character with contemporary updates. The open living area features vaulted ceilings, and the updated kitchen includes quartz countertops, stainless steel appliances, and ample storage.

The primary suite includes an ensuite bath, while three additional bedrooms offer flexible space for guests, work, or hobbies. Spacious closets and blackout shades add everyday convenience.

The fenced backyard features mature red oak trees, a large patio area with an irrigation system. The accessory building is already wired for electricity, making it a breeze to add a mini-split unit for a year-round home office or creative studio. The two-car garage includes dedicated laundry space, storage, and an epoxy-coated floor. This walkable area is conveniently located near parks, shopping, schools, and major commuter routes.

At $438/sqft, this home is priced 12% 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

3204 Benbrook Dr, Austin, TX 78757

Property Details

Price $739,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths ,
Living Area 1,686 sqft
Lot Size 0.20 acres (8,629.24 sqft)
Year Built 1969
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Allandale Estates Sec 04
County Travis
Zip Code 78757
$/sqft $438/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $10,669.19
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT247878174
List Date October 1, 2026
Elementary School Pillow
Middle School Burnet (Austin ISD)
High School Anderson
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
8605 Primrose Ln
Northwest Terrace Sec 01
$739,000 $394 4 bd / 2 ba 1,874 sqft , 2026-09-24
3304 Whitepine Dr
Allandale Park Sec 09
$704,999 $353 3 bd / 2 ba 1,998 sqft , 2026-07-03
8305 Briarwood Ln
Northtowne Sec 01
$775,000 $382 4 bd / 3 ba 2,028 sqft , 2026-03-13
8612 Stillwood Ln
Northwest Terrace Sec 02
$700,000 $387 3 bd / 2 ba 1,808 sqft , 2026-08-28
3602 Serena Woods Ct
Serena Woods
$699,950 $385 4 bd / 2 ba 1,816 sqft , 2026-07-03

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
$3,547/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
$147,800
20% conventional investment loan

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

Estimated Gross Rent+$3,547
Principal + Interest−$4,033
Property Tax (~2.1% TX avg)−$1,293
Insurance (~0.5%)−$308
Est. Monthly Cash Flow $-2,087

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 October 2, 2026.

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