Active Listing  ·  12 days on market

3204 Overcup Oak Dr #A

Austin, TX 78704
$1,099,999
4 Bed 5 Bath 2,242 sqft $491/sqft Built 2023 0.19 acres 1-Car Garage Pool South Terrace

Welcome to 3204 Overcup Oak Dr #A! This barely-lived-in home sits on a quiet cul-de-sac in the heart of 78704. Inside, you'll find 4 bedrooms and 4.5 bathrooms, with every bedroom offering its own private ensuite bath- a rare and functional layout that gives everyone their own space. Upstairs, one bedroom is accessed exclusively through the second-floor balcony, creating a private retreat that's perfect for guests, extended family, or an additional entertaining space. Located just minutes from South Lamar's best restaurants, coffee shops, and boutiques, and with quick access to major highways for an easy commute anywhere in Austin, this is central Austin living at its finest.

At $491/sqft, this home is priced 25% above the Austin active market average of $393/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

3204 Overcup Oak Dr #A, Austin, TX 78704

Property Details

Price $1,099,999
Status Active Listing
Beds 4
Full Baths 4
Half Baths 1
Living Area 2,242 sqft
Lot Size 0.19 acres (8,276.4 sqft)
Year Built 2023
Garage 1 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision South Terrace
County Travis
Zip Code 78704
$/sqft $491/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT245122912
List Date September 10, 2026
Elementary School Zilker
Middle School O Henry
High School Austin
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
4402 Banister Ln #1
Banister Acres
$1,099,000 $393 4 bd / 3 ba 2,800 sqft , 2026-09-10
2301 S 5th St #5
South 05 Amd
$1,090,000 $529 3 bd / 4 ba 2,060 sqft , 2026-06-22
2611 Oak Crest Ave #A
Oak Ridge Heights Sec 01
$1,110,000 $581 3 bd / 3 ba 1,910 sqft , 2026-04-17
2308 S 2nd St #2
Loma Linda
$1,075,000 $552 3 bd / 3 ba 1,946 sqft , 2026-05-19
2611 Oak Crest Ave #B
Oak Ridge Heights Sec 01
$1,060,000 $614 3 bd / 3 ba 1,727 sqft , 2026-04-17

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
$5,280/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
$220,000
20% conventional investment loan

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

Estimated Gross Rent+$5,280
Principal + Interest−$6,003
Property Tax (~2.1% TX avg)−$1,925
Insurance (~0.5%)−$458
Est. Monthly Cash Flow $-3,106

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

More Luxury Homes in Austin

Loading…
View All Luxury Homes →
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 September 20, 2026.

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