Active Listing  ·  54 days on market

3501 Corner Brook Cv

Austin, TX 78739
$859,900
4 Bed 3 Bath 2,831 sqft $304/sqft Built 1992 1.05 acres 3-Car Garage Pool Shady Hollow Estates Sec 01

Rarely does a property offer this much space, privacy, and location all in one package. Situated on a beautiful one-acre lot shaded by mature oak trees, this thoughtfully updated South Austin home features 4 bedrooms, 2 living areas, 2 dining spaces, and a desirable layout with the primary suite privately positioned away from the secondary bedrooms. Nearly $100,000 in upgrades and improvements enhance the home's appeal, including updated bathrooms, modern lighting, brass fixtures, upgraded trim work, a refreshed laundry room, and a new cedar fence. Expansive windows fill the home with natural light, while the open-concept living spaces flow seamlessly for everyday living and entertaining. Enjoy peaceful mornings on the patio, frequent deer sightings in the backyard, and the quiet charm of a cul-de-sac lined with unique homes on oversized lots. Conveniently located near Circle C, Sunset Valley, Mopac, H-E-B, Costco, local parks, and South Austin favorites including Armadillo Den, Moontower Saloon, and Madam Mam's. Zoned to highly regarded Baranoff, Bailey, and Bowie schools. | Open House Sunday July 12th from 12-2 PM! We look forward to your visit!

At $304/sqft, this home is 22% 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

3501 Corner Brook Cv, Austin, TX 78739

Property Details

Price $859,900
Status Active Listing
Beds 4
Full Baths 2
Half Baths 1
Living Area 2,831 sqft
Lot Size 1.05 acres (45,738 sqft)
Year Built 1992
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Shady Hollow Estates Sec 01
County Travis
Zip Code 78739
$/sqft $304/sqft
Days on Market ,
HOA $220/Annually
Annual Tax Est. $12,713
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT227941375
List Date June 11, 2026
Elementary School Baranoff
Middle School Bailey
High School Bowie
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.

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Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · June 11, 2026 $879,900
Previous ask $864,900
Current ask $859,900
Reduced $20,000 (-2.3%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

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
1407 Valleyridge Dr #B
Southridge Sec 04
$860,000 $437 3 bd / 3 ba 1,968 sqft , 2025-09-03
7716 Lakewood Dr
Lakewood Sec 04
$860,000 $313 4 bd / 3 ba 2,749 sqft , 2026-03-12
10901 Country Knoll Knls
Spicewood Estates Sec 01
$859,000 $324 4 bd / 3 ba 2,650 sqft , 2026-06-04
4748 Eck Ln
L & P Prop
$858,858 $241 4 bd / 4 ba 3,566 sqft , 2026-06-02
14401 Laurinburg Dr
Avery Station Sec 1A Ph 1
$864,999 $288 4 bd / 3 ba 3,003 sqft , 2026-07-24

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
$4,128/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
$171,980
20% conventional investment loan

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

Estimated Gross Rent+$4,128
Principal + Interest−$4,693
Property Tax (~2.1% TX avg)−$1,505
Insurance (~0.5%)−$358
Est. Monthly Cash Flow $-2,428

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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