Active Listing  ·  99 days on market

3604 Marcae Ct #1

Austin, TX 78704
$725,000
3 Bed 3 Bath 1,834 sqft $395/sqft Built 2016 0.18 acres Pool 3604 Marcae Condos

City living feels effortless in this rare detached Austin condo where modern design, private outdoor space and exceptional convenience come together beautifully! Enjoy the freedom of no shared walls, impressive construction quality and a thoughtfully planned interior filled w/ natural light, soaring ceilings and sleek contemporary details. Fresh interior paint gives the entire home a bright, polished and move-in-ready feel. The open kitchen, dining and living areas connect seamlessly, creating an inviting atmosphere for entertaining, relaxing or hosting friends before a night out in the city. A built-in office provides a dedicated work-from-home setup, while the laundry room is conveniently positioned on the same level as the primary suite. Abundant storage keeps everyday living organized, valuable improvements including an upgraded water heater plus new HVAC coils add comfort and confidence. Outside, the landscaped patio is ready for weekend gatherings w/ an exterior gas line for easy grilling. The fully fenced yard wraps around the rear of the home, offering added privacy plus secure space for pets, gardening or outdoor lounging. A rare 2-car driveway provides parking convenience seldom found in this zip code. Ideally located near South Congress, popular dining, shopping, entertainment and less than 10 minutes from Downtown Austin, this standout residence offers the perfect blend of privacy, style, walkability and low-maintenance urban living!

At $395/sqft, this home is priced in line with the Austin market average of $390/sqft across 4,186 active listings. View Austin market report →

Location

3604 Marcae Ct #1, Austin, TX 78704

Property Details

Price $725,000
Status Active Listing
Beds 3
Full Baths 3
Half Baths ,
Living Area 1,834 sqft
Lot Size 0.18 acres (7,753.68 sqft)
Year Built 2016
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision 3604 Marcae Condos
County Travis
Zip Code 78704
$/sqft $395/sqft
Days on Market ,
HOA $420/Annually
Annual Tax Est. $14,240.85
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT242177589
List Date August 5, 2026
Elementary School Galindo
Middle School Lively
High School Travis
School District Austin ISD

Austin ISD

Galindo · Lively · Travis

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 5, 2026 $750,000
Current ask $725,000
▼ Reduced $25,000 (-3.3%) 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
4907 Majestic Dr #1
Park Forest Sec 06
$729,000 $411 3 bd / 3 ba 1,772 sqft , 2026-10-08
3505 Villa Ct #11
Villa Court
$720,000 $390 3 bd / 3 ba 1,845 sqft , 2026-06-05
4101 Menchaca Rd #205
4101 Menchaca
$749,000 $414 3 bd / 4 ba 1,809 sqft , 2026-05-13
510 El Paso St #A
Pearson Subdivision
$749,900 $468 3 bd / 3 ba 1,603 sqft , 2026-10-09
3215 Aldwyche Dr
Lightsey 2s 2nd Resub
$750,000 $463 3 bd / 3 ba 1,619 sqft , 2026-06-05

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
$3,480/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
$145,000
20% conventional investment loan

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

Estimated Gross Rent+$3,480
Principal + Interest−$3,957
Property Tax (assumed ~2.1%)−$1,269
Insurance (assumed ~0.5%)−$302
Est. Monthly Cash Flow $-2,048

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 · 41 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. The written content was last updated on October 18, 2026.

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

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