Active Listing  ·  81 days on market

3602 Serena Woods Ct

Austin, TX 78759
$715,000
4 Bed 2 Bath 1,816 sqft $394/sqft Built 1980 0.23 acres 2-Car Garage Pool Serena Woods

INTEREST RATE INCENTIVE - 5.875% First-Year Rate Provided by Listing Agent's Preferred Lender - See Listing Documents for Details. Beautifully updated single-story 4-bedroom home with heavy trees on cul-de-sac blocks from Hill Elementary and Anderson High School. Two scenic decks off the primary bedroom suite and living room overlook a spacious, lush lawn anchored by a majestic live oak. The yard backs to a city-owned easement for exceptional privacy—no neighbor behind. Reliable 22-kilowatt Generac whole-home generator keeps power steady year-round. Gas range, gas furnace and gas fireplace provide convenient cooking and cozy heating. 2-car garage has access from back yard and the large, tree-shaded flat driveway for outdoor recreation and hobbies. Roof installed in 2024 & HVAC system installed in 2019. INTEREST RATE INCENTIVE - 5.875% First-Year Rate Provided by Listing Agent's Preferred Lender.

At $394/sqft, this home is priced in line with the Austin market average of $393/sqft across 4,588 active listings. View Austin market report →

Location

3602 Serena Woods Ct, Austin, TX 78759

Property Details

Price $715,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths ,
Living Area 1,816 sqft
Lot Size 0.23 acres (10,105.92 sqft)
Year Built 1980
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Serena Woods
County Travis
Zip Code 78759
$/sqft $394/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $6,174.59
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT238568793
List Date July 3, 2026
Elementary School Hill
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 · July 3, 2026 $750,000
Previous ask $725,000
Current ask $715,000
Reduced $35,000 (-4.7%) 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
8612 Stillwood Ln
Northwest Terrace Sec 02
$725,000 $401 3 bd / 2 ba 1,808 sqft , 2026-08-28
8804 Mountain Path Cir
Great Hills 01
$760,000 $311 3 bd / 2 ba 2,442 sqft , 2026-06-14
3837 Steck Ave
Hillcrest Mesa Twnhs
$665,000 $304 3 bd / 3 ba 2,191 sqft , 2026-08-24
3702 Terrina St #O15
North Park Patio Homes Amd
$650,000 $344 3 bd / 3 ba 1,888 sqft , 2026-07-16
8131 Forest Mesa Dr
Forest Bend Twnhs
$619,000 $288 3 bd / 3 ba 2,150 sqft , 2026-09-06

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
$3,432/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
$143,000
20% conventional investment loan

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

Estimated Gross Rent+$3,432
Principal + Interest−$3,902
Property Tax (~2.1% TX avg)−$1,251
Insurance (~0.5%)−$298
Est. Monthly Cash Flow $-2,019

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 12, 2026.

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