Active Listing  ·  65 days on market

3604 Wilson St

Austin, TX 78704
$725,000
3 Bed 2 Bath 1,344 sqft $539/sqft Built 1959 0.18 acres Pool Cherry Hills

3604 Wilson Street is an exceptional offering that embodies classic 78704 Austin living. Set on a generously sized lot, the property offers seamless indoor-outdoor flow with ample space for entertaining, relaxing, and enjoying the privacy of its expansive yard.

This home features three bedrooms and two bathrooms, along with inviting living and dining spaces filled with natural light. Contemporary finishes throughout create a warm yet elevated sense of style, balancing comfort with modern Austin appeal.

Located just moments from South Congress, South Lamar, Barton Springs, and Zilker Park, the home places Austin’s most iconic restaurants, coffee shops, trails, and cultural destinations within easy reach — making the best of the city part of everyday life.

Currently operating as a profitable, permitted short-term rental, the property presents a compelling opportunity for both investors and full-time owners seeking a turnkey offering in one of Austin’s most desirable neighborhoods.

At $539/sqft, this home is priced 38% above the Austin active market average of $391/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

3604 Wilson St, Austin, TX 78704

Property Details

Price $725,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,344 sqft
Lot Size 0.18 acres (7,784.17 sqft)
Year Built 1959
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Cherry Hills
County Travis
Zip Code 78704
$/sqft $539/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $12,361.06
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT232097329
List Date May 31, 2026
Elementary School Galindo
Middle School Lively
High School Travis
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
4413 Banister Ln #BLDG 1 - UNIT 101
Banister Acres
$725,000 $502 3 bd / 4 ba 1,443 sqft , 2025-10-29
70 Rainey St #1509
70 Rainey Residences
$725,000 $643 2 bd / 2 ba 1,128 sqft , 2026-02-26
1706 Pennsylvania Ave
Johns C R
$725,000 $620 2 bd / 2 ba 1,170 sqft , 2026-03-06
2805 S 5th St
Oak Ridge Heights Sec 03
$725,000 $620 2 bd / 1 ba 1,170 sqft , 2025-10-10
360 Nueces St #2005
Residential Condo Amd 360
$725,000 $592 2 bd / 2 ba 1,225 sqft , 2026-04-18

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 (20% down · 7.25% rate)

Estimated Gross Rent+$3,480
Principal + Interest−$3,957
Property Tax (~2.1% TX avg)−$1,269
Insurance (~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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