Active Listing  ·  15 days on market

3409 Banton Rd

Austin, TX 78722
$540,000
3 Bed 3 Bath 1,795 sqft $301/sqft Built 1949 0.17 acres Pool Giles Place Sec 02

Ask us about the various possibilities for this property: - Live in the front 3-bedroom, 2-bath residence and rent the studio for supplemental income- Continue operating it as an income-producing duplex.- Easily convert it into a single-family 4-bedroom, 3-bath home. - Take advantage of the large lot and explore future development opportunities. Recent improvements include: • Both bathrooms in the front unit have been fully remodeled. • Roof replaced on June, 2024. • During the 2020 renovation, Unit A received a new HVAC system, all new appliances, and a remodeled kitchen. The property was intentionally delivered vacant upon tenant lease expiration, giving the next owner maximum flexibility and immediate access to any of these paths. For investors, the units could be readily leased again. Available fully furnished.

At $301/sqft, this home is 23% below the Austin active market average of $391/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

3409 Banton Rd, Austin, TX 78722

Property Details

Price $540,000
Status Active Listing
Beds 3
Full Baths 3
Half Baths ,
Living Area 1,795 sqft
Lot Size 0.17 acres (7,492.32 sqft)
Year Built 1949
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Giles Place Sec 02
County Travis
Zip Code 78722
$/sqft $301/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $13,976.53
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT238832408
List Date July 20, 2026
Elementary School Maplewood
Middle School Kealing
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
13002 Cedarhurst Cir
Forest North Estates Ph 2
$540,000 $259 4 bd / 2 ba 2,086 sqft , 2026-04-15
10219 W Rutland Vlg
Rutland Village Sec 01
$540,000 $336 3 bd / 2 ba 1,606 sqft , 2026-05-05
2207 Pasadena Dr #1
Villas At Pasadena Condo
$540,000 $425 2 bd / 2 ba 1,271 sqft , 2026-05-15
8300 Grayledge Dr
Heritage Hills Sec 02
$540,000 $257 4 bd / 3 ba 2,100 sqft , 2026-08-03
6109 Cherrylawn Cir #A
Manor Townhomes
$539,999 $253 3 bd / 4 ba 2,133 sqft , 2026-05-18

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
$2,592/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
$108,000
20% conventional investment loan

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

Estimated Gross Rent+$2,592
Principal + Interest−$2,947
Property Tax (~2.1% TX avg)−$945
Insurance (~0.5%)−$225
Est. Monthly Cash Flow $-1,525

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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