Active Listing  ·  88 days on market

3604 Carla Dr

Austin, TX 78754
$549,900
4 Bed 2 Bath 2,300 sqft $239/sqft Built 1976 0.49 acres 2-Car Garage Pool Walnut Place Sec 3

Discover standout space and flexibility at 3604 Carla Dr, a single-family home in Austin, TX 78754 with a rare, nearly half-acre lot in Travis County. This 4-bedroom, 2-bath home offers 2,300 sq ft, mature oak trees, and a fenced backyard designed for outdoor living. Inside, refreshed interior walls and painted kitchen cabinets from March 2026 bring a clean, updated feel, while laminate flooring added through the back of the home in February 2023 creates an easy flow through key living areas. Practical updates include updated outlets in January 2026, a new water heater in January 2025, a French drain added in January 2022, septic pumped and drained in August 2021, and a 30-year roof that is less than 10 years old. Step outside to a large covered patio, extended deck, gazebo, shade trees, and open yard space with room for gardening, pets, storage, entertaining, or future plans. With no HOA, no stated restrictions, and a reported low 1.55% tax rate, this property offers a level of freedom and lot size that is hard to find in Austin real estate. The Walnut Creek location keeps daily needs close, including nearby H-E-B, major roads, dining, retail, services, and area schools, including Jordan Elementary School, Dobie Middle School, and LBJ Early College High School. Sellers will entertain subject-to offers with or without a wrap. With a large Austin lot, meaningful updates, outdoor gathering spaces, no HOA, and a convenient Northeast Austin location, this home delivers space, function, and long-term potential in one compelling package.

At $239/sqft, this home is 39% 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

3604 Carla Dr, Austin, TX 78754

Property Details

Price $549,900
Status Active Listing
Beds 4
Full Baths 2
Half Baths ,
Living Area 2,300 sqft
Lot Size 0.49 acres (21,361.82 sqft)
Year Built 1976
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Walnut Place Sec 3
County Travis
Zip Code 78754
$/sqft $239/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $4,519
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT227827924
List Date May 8, 2026
Elementary School Jordan
Middle School Dobie (Austin ISD)
High School Lyndon B Johnson (Austin ISD)
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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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
1315 Quail Park Dr
Quail Creek Ph 02 Sec 01
$549,900 $274 4 bd / 3 ba 2,006 sqft , 2026-03-04
8109 Peerless Pass
Skyline 2D Ph 3
$549,900 $228 4 bd / 4 ba 2,407 sqft , 2026-04-28
9911 Woodshire Dr
Tanglewood Forest Sec 02 Ph A
$549,900 $311 4 bd / 2 ba 1,766 sqft , 2026-06-19
6823 Wolfcreek Pass #6
Wedgewood Sec 01
$549,900 $260 3 bd / 4 ba 2,116 sqft , 2024-03-15
12500 Turkey Ridge Ct
Hunters Chase Sec 01
$549,900 $238 4 bd / 2 ba 2,314 sqft , 2026-07-10

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
$2,640/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
$109,980
20% conventional investment loan

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

Estimated Gross Rent+$2,640
Principal + Interest−$3,001
Property Tax (~2.1% TX avg)−$962
Insurance (~0.5%)−$229
Est. Monthly Cash Flow $-1,552

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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