Active Listing  ·  53 days on market

3604 Tom Miller St

Austin, TX 78723
$2,400,000
5 Bed 6 Bath 3,954 sqft $607/sqft Built 2026 0.11 acres 2-Car Garage Pool New Construction Mueller Sec 11 Sub

Thoughtfully designed & expertly crafted by Muskin Co, this exceptional new construction residence offers panoramic views overlooking the Southeast Greenway. Blending architecture by Side Angle Side with elevated modern design, the home showcases luxury finishes and quality craftsmanship throughout.

The light-filled main level features expansive open-concept living spaces that seamlessly connect to the outdoors through a wall of sliding glass doors and windows overlooking the Greenway. At the heart of the home, the gourmet kitchen is a true showpiece, appointed with an oversized quartz island, custom white oak cabinetry, premium Thermador appliances & a striking plaster vent hood. A first-floor guest suite with full bath, half bath & mudroom provide thoughtful functionality, while the attached 2-car garage & additional carport offer ample parking & storage.

Upstairs, you'll find a spacious secondary living area with a built-in office. The luxurious primary suite is a private retreat featuring vaulted ceilings, custom wall coverings, and a secluded balcony perfectly overlooking the Greenway. The spa-inspired primary bath boasts a dramatic walk-in shower, soaking tub, floating dual vanity & custom walk-in closet. Two additional secondary bedrooms and bathroom complete the upper level.

Adding to the property's versatility is a detached 1 bedroom, 1.5-bath guest house complete with its own full kitchen, living area, and private upstairs living quarters—ideal for extended guests, multigenerational living, an au pair, office or rental income.

A rare offering that combines exceptional design, premium construction, and an unparalleled connection to nature. Perfectly positioned in the heart of Mueller, residents enjoy direct access to miles of trails and green space, while being just moments from Mueller Lake Park, the Texas Farmers' Market, neighborhood pools, acclaimed restaurants, local shops, entertainment & some of Austin's most beloved community amenities.

At $607/sqft, this home is priced 56% above the Austin active market average of $390/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

3604 Tom Miller St, Austin, TX 78723

Property Details

Price $2,400,000
Status Active Listing
Beds 5
Full Baths 4
Half Baths 2
Living Area 3,954 sqft
Lot Size 0.11 acres (4,791.6 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Mueller Sec 11 Sub
County Travis
Zip Code 78723
$/sqft $607/sqft
Days on Market ,
HOA $74.5/Monthly
Annual Tax Est. $20,359.66
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT235419540
List Date June 12, 2026
Elementary School Blanton
Middle School Dr. General Garwood Marshall Middle School
High School Northeast Early College
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.

Schedule a Call →

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
2214 Garden St #1 & 2
Mildred Garden Condos
$2,398,000 $638 6 bd / 7 ba 3,760 sqft , 2026-06-16
4801 PECAN CHASE None
Spanish Oaks
$2,395,000 $660 5 bd / 5 ba 3,627 sqft , 2026-05-01
11778 Rim Rock Trl
Edelmon Ests
$2,395,000 $544 4 bd / 4 ba 4,405 sqft , 2026-06-22
7808 Regolizia Cv
Meridian Sec F
$2,395,000 $598 4 bd / 4 ba 4,007 sqft , 2026-07-15
6103 Twin Ledge Dr
Cat Mountain Villas Sec 01
$2,395,000 $515 5 bd / 5 ba 4,648 sqft , 2026-07-17

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
$11,520/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
$480,000
20% conventional investment loan

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

Estimated Gross Rent+$11,520
Principal + Interest−$13,098
Property Tax (~2.1% TX avg)−$4,200
Insurance (~0.5%)−$1,000
Est. Monthly Cash Flow $-6,778

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 →

Neighborhood Context

About Mueller

Mueller was built on the site of Austin's old Robert Mueller Municipal Airport, which closed in 1999. What replaced it is one of the most thoughtfully planned urban neighborhoods in Texas - a mix of single-family homes, townhomes, condos, and apartments built around parks, trails, and walkable retail.

The neighborhood is anchored by Mueller Lake Park, a 30-acre park and pond at its center, and the Mueller Farmers' Market (one of Austin's best) runs every Sunday. Aldrich Street - Mueller's main commercial strip - has restaurants, coffee shops, and retail that serve the neighborhood without overwhelming it.

🌿
Mueller Lake Park

30-acre park with a pond, walking trails, splash pad, and dog park at the center of the neighborhood. Feels like a central park for the community.

🛒
Sunday Farmers Market

One of Austin's most attended farmers markets runs every Sunday year-round on Aldrich Street. A true neighborhood institution.

🏗️
Built Green

Mueller has one of the highest concentrations of green-certified homes in Austin. Many homes feature solar panels, rainwater collection, and energy-efficient construction.

🚲
Trail Network

Extensive internal trail system connects the neighborhood, plus connections to the larger Austin trail network. Cycling and walking are genuinely practical here.

Full Mueller Guide →

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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