Active Listing  ·  41 days on market

3509 Ambleside Dr

Austin, TX 78759
$425,000
4 Bed 2 Bath 1,487 sqft $286/sqft Built 1979 0.16 acres 2-Car Garage Pool Walnut Crossing Sec 03

Seller offering up to 2% in seller credits to use towards rate buy down or closing costs with preferred lender. Charming single-story home nestled in an established Austin neighborhood. This home offers a comfortable layout with three bedrooms and two full bathrooms and inviting living spaces filled with natural light. The home’s classic character blends seamlessly with thoughtful updates, creating a warm and welcoming atmosphere. A spacious backyard provides room for relaxation or outdoor entertaining, surrounded by mature trees that enhance privacy and curb appeal. Conveniently located near local schools, shopping, and major roadways, this property presents an excellent opportunity to enjoy the charm of an older home in a desirable, well-kept community.

At $286/sqft, this home is 27% below the Austin active market average of $392/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

3509 Ambleside Dr, Austin, TX 78759

Property Details

Price $425,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths ,
Living Area 1,487 sqft
Lot Size 0.16 acres (6,764.87 sqft)
Year Built 1979
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Walnut Crossing Sec 03
County Travis
Zip Code 78759
$/sqft $286/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $9,214.36
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT244616421
List Date August 28, 2026
Elementary School Summitt
Middle School Murchison
High School Anderson
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 · August 28, 2026 $435,000
Current ask $425,000
▼ Reduced $10,000 (-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
12233 Forsythe Dr
Walnut Crossing Sec 04
$429,900 $296 3 bd / 2 ba 1,452 sqft , 2026-08-26
3906 Tattershall Ln
Milwood Sec 05
$445,000 $315 3 bd / 2 ba 1,411 sqft , 2026-07-30
2320 Gracy Farms Ln #1414
Stoneleigh Condo Amd
$395,911 $332 3 bd / 2 ba 1,192 sqft , 2026-02-02
4802 Ganymede Dr
Milwood Sec 11
$464,990 $284 4 bd / 2 ba 1,639 sqft , 2026-09-03
4001 Burr Oak Ln
Northwood Sec 2
$467,000 $269 4 bd / 3 ba 1,734 sqft , 2026-09-11

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
$2,040/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
$85,000
20% conventional investment loan

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

Estimated Gross Rent+$2,040
Principal + Interest−$2,319
Property Tax (~2.1% TX avg)−$744
Insurance (~0.5%)−$177
Est. Monthly Cash Flow $-1,200

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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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 22, 2026.

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