Active Listing  ·  28 days on market

3216 Tarryhollow Dr

Austin, TX 78703
$3,500,000
3 Bed 4 Bath 4,372 sqft $801/sqft Built 1977 0.11 acres 2-Car Garage Pool West Park Place Amd

JUST what you have been waiting for! Located in the heart of Tarrytown, 3216 Tarryhollow Drive represents a rare and masterfully executed luxury renovation designed for sophisticated buyers seeking effortless lock-and-go living without compromise. Set among lush mature trees and landscaping, this exceptional residence blends the serenity and privacy of a secluded retreat with the convenience of central Austin living. Reimagined “to the studs” and expanded to an impressive 4,372 square feet, the home was transformed under the vision and direction of designer Kimberly Renner of The Renner Project. The result is a deeply intentional residence tailored to a critical niche in the luxury market for discerning homeowners seeking the lock-and-go lifestyle, while retaining the ability to entertain beautifully, host visiting family with ease, or enjoy Austin as a luxurious second-home destination. Throughout the interiors, layers of texture, color, light, and natural materials combine to create spaces of remarkable sophistication. Designed for flexible everyday living, the main level features both a luxurious primary suite and a private office, allowing owners to comfortably live primarily on one level if desired. The lower level expands the home’s versatility with generous entertaining and game room spaces, plus two exceptional guest bedroom suites. Further elevating this residence, the furnishings were carefully sourced by Kimberly Renner through The Renner Project, Austin’s celebrated design showroom known for its highly curated collection of mid-century furnishings and art. The home’s bespoke art collection was masterfully sourced by Amy Sawtelle, one of Austin's premier art consultants, with all artwork offered for sale separately. 3216 Tarryhollow Drive is more than a home — it is a refined design experience crafted for those who value luxury, comfort, beauty, and effortless Austin living.

At $801/sqft, this home is priced 105% 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

3216 Tarryhollow Dr, Austin, TX 78703

Property Details

Price $3,500,000
Status Active Listing
Beds 3
Full Baths 3
Half Baths 1
Living Area 4,372 sqft
Lot Size 0.11 acres (4,800.31 sqft)
Year Built 1977
Garage 2 spaces
Stories ,
Type Residential · Townhouse
Subdivision West Park Place Amd
County Travis
Zip Code 78703
$/sqft $801/sqft
Days on Market ,
HOA $600/Quarterly
Annual Tax Est. $18,146.31
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT238781501
List Date July 7, 2026
Elementary School Casis
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
1500 Buffalo Gap Rd
Buffalo Gap
$3,500,000 $1,030 3 bd / 3 ba 3,399 sqft , 2026-04-06
4301 Balcones Dr
Balcones Park Add Sec 02
$3,500,000 $723 4 bd / 4 ba 4,841 sqft , 2026-04-23
13800 LONE RIDER Trl
MEADOWFOX ESTATES
$3,500,000 $879 3 bd / 3 ba 3,983 sqft , 2026-05-15
6705 Elfland Dr
Rivercrest Add Sec 02
$3,495,000 $1,109 4 bd / 5 ba 3,151 sqft , 2026-05-06
3310 Westhill Dr
West Park Add
$3,495,000 $1,092 4 bd / 4 ba 3,201 sqft , 2026-05-08

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
$16,800/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
$700,000
20% conventional investment loan

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

Estimated Gross Rent+$16,800
Principal + Interest−$19,101
Property Tax (~2.1% TX avg)−$6,125
Insurance (~0.5%)−$1,458
Est. Monthly Cash Flow $-9,884

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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