Active Listing  ·  97 days on market

3606 Abbate Cir

Austin, TX 78721
$400,000
4 Bed 1 Bath 1,194 sqft $335/sqft Built 1950 0.17 acres Pool Abbate

3606 Abbate Circle is the kind of older East Austin home people fall for and decide to keep. Built in 1950, it sits on a big SF3 lot in Govalle, about four miles from downtown, with original hardwood floors, real character, and a backyard built for hanging out. A covered front porch looks over a deep lawn planted with agave and prickly pear. Inside, the plan is open, bright, and flexible. Use it as four bedrooms, or three with a home office, alongside one bath. The living and dining area runs into a renovated kitchen with butcher block counters, white shaker cabinets, a farmhouse apron sink, blue-green tile, open wood shelving, a gas range, and stainless appliances. The dark wood floors carry through the bedrooms. The bath is updated too, with a marble-look tiled shower and a stone vessel sink. Out back is where this one stands apart. A detached laundry house with storage, a separate shed, and a workshop room. A covered deck with string lights and a ceiling fan gives you a shaded spot to sit year round. There is a fire pit, a tree swing, and mature pecans shading the whole yard behind a wood privacy fence. The systems are handled. New roof last year, Tesla solar panels, and updated AC ducts. SF3 zoning and the lot size leave room to add a guest house or ADU later, without giving up the character that is already here. Location is the easy part. You are minutes from Sa-Tén and Spokesman at The Yard for coffee, Sour Duck Market, Sawyer & Co, and De Nada Cantina for food, and Eden East at Springdale Farm when you want something special. Govalle Neighborhood Park, Boggy Creek Greenbelt, and the Southern Walnut Creek Trail are close for walking and biking, and downtown is a quick drive or bike ride west. Bring your ideas and your respect for an old house.

At $335/sqft, this home is 15% below the Austin active market average of $393/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

3606 Abbate Cir, Austin, TX 78721

Property Details

Price $400,000
Status Active Listing
Beds 4
Full Baths 1
Half Baths ,
Living Area 1,194 sqft
Lot Size 0.17 acres (7,623 sqft)
Year Built 1950
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Abbate
County Travis
Zip Code 78721
$/sqft $335/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $9,127.49
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT236675988
List Date June 18, 2026
Elementary School Govalle
Middle School Martin
High School Eastside 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.

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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 · June 18, 2026 $450,000
Previous ask $420,000
Current ask $400,000
Reduced $50,000 (-11.1%) 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
1118 Spur St
Pecan Valley
$399,000 $339 4 bd / 2 ba 1,177 sqft , 2026-06-02
3206 Goodwin Ave
Spillar & Greenwood Add
$424,900 $355 3 bd / 1 ba 1,198 sqft , 2026-09-11
1210 Delano St
Lincoln Gardens 01
$375,000 $269 3 bd / 2 ba 1,394 sqft , 2026-09-07
2702 Crest Ave #1
Rosewood
$425,000 $411 3 bd / 2 ba 1,034 sqft , 2026-09-02
4703 Leslie Ave
Cedar Valley
$374,000 $297 3 bd / 2 ba 1,260 sqft , 2026-07-01

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
$1,920/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
$80,000
20% conventional investment loan

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

Estimated Gross Rent+$1,920
Principal + Interest−$2,183
Property Tax (~2.1% TX avg)−$700
Insurance (~0.5%)−$167
Est. Monthly Cash Flow $-1,130

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 17, 2026.

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