Active Listing  ·  89 days on market

3412 South Oak Dr #A

Austin, TX 78704
$1,375,000
3 Bed 3 Bath 2,389 sqft $576/sqft Built 2022 0.23 acres Pool South Oak

From the rooftop, Austin is yours. Unobstructed downtown skyline views unlike anything else in 78704. 3412 S Oak Drive is available as a fully furnished architectural residence built in 2022 on one of the highest points in South Austin. Every detail of this 3-story residence was designed with intention. Inside, 30-foot ceilings anchor the main living space, flooded with natural light through a dramatic skylight and floor-to-ceiling windows. Large format Italian stone tile floors run throughout the home, adding warmth and cohesion to every space. On the first level, large sliding glass doors dissolve the boundary between indoors and out, opening completely to the covered patio and private irrigated yard. The kitchen includes custom German Arete cabinetry, a dramatic black waterfall island with seating, and a Bosch appliance package. The primary suite feels like a private retreat, with sliding glass doors opening to a private tree-top patio. The bathroom features a freestanding soaking tub, frameless glass shower, floating walnut vanity, and matte black spa-level finishes throughout. The third floor bonus space, ideal for an office, lounge, or studio, opens to the private rooftop terrace where the Austin skyline stretches unobstructed to the horizon. Your rooftop,your view, every single day. Home also includes two private parking spaces (one covered), a dedicated laundry room with full-size GE washer and dryer and outdoor storage space. Designer furnishings are available separately, including Restoration Hardware, Arhaus, and Stearns & Foster, offering a true turnkey move-in experience for the right buyer. In the heart of Austin's most coveted zip code, minutes to downtown, South Lamar, South Congress, Zilker Park, and Barton Springs Pool.

At $576/sqft, this home is priced 47% 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

3412 South Oak Dr #A, Austin, TX 78704

Property Details

Price $1,375,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 2,389 sqft
Lot Size 0.23 acres (10,018.8 sqft)
Year Built 2022
Garage ,
Stories ,
Type Residential · Condominium
Subdivision South Oak
County Travis
Zip Code 78704
$/sqft $576/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT227930486
List Date May 7, 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
5105 N Rim Dr
Vista West
$1,375,000 $510 4 bd / 3 ba 2,698 sqft , 2026-06-02
3911 Dry Creek Dr
Shinoak Valley Sec 01
$1,375,000 $647 3 bd / 3 ba 2,124 sqft , 2026-08-03
8300 Hathaway Dr
Dixie Terrace
$1,374,999 $532 4 bd / 3 ba 2,585 sqft , 2026-05-13
2008 Gathright Cv #A
Phillips
$1,370,000 $531 4 bd / 4 ba 2,581 sqft , 2026-04-10
915 Garner Ave
Barton Heights
$1,365,000 $621 4 bd / 3 ba 2,198 sqft , 2026-06-04

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
$6,600/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
$275,000
20% conventional investment loan

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

Estimated Gross Rent+$6,600
Principal + Interest−$7,504
Property Tax (~2.1% TX avg)−$2,406
Insurance (~0.5%)−$573
Est. Monthly Cash Flow $-3,883

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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