About This Home

South Austin Charmer, nestled comfortably between S Congress and S 1st south of Oltorf. This cute bungalow comes complete with a 1980's style, deep swimming pool and attached hot tub. The "downstairs", the original 1959 3BR/1BA home has been tastefully updated and a spiral staircase leads up to a primary suite with a private bathroom and french door access to the pool deck, pool, hot tub and cedar-wood sauna. Perfect for those who love to entertain guests, with plenty of opportunity to customize and add your own flare to this piece of Austin history.

At $472/sqft, this home is priced 21% 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

3606 Wilson St, Austin, TX 78704

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Property Details

Price $900,000

Status Active Listing

Beds 4

Full Baths 2

Half Baths ,

Living Area 1,906 sqft

Lot Size 0.18 acres (8,015.04 sqft)

Year Built 1959

Garage 1 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Cherry Hills

County Travis

Zip Code 78704

$/sqft $472/sqft

Days on Market ,

HOA None / verify with agent

Annual Tax Est. $17,544.88

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT222463993

List Date March 13, 2026

Elementary School Galindo

Middle School Lively

High School Travis

School District ,

Have Questions About This Property?

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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 · March 13, 2026 $954,900

Current ask $900,000

▼ Reduced $54,900 (-5.7%) 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

808 Spence St #A&B
M K & T $900,000 $587 4 bd / 5 ba 1,534 sqft , 2025-11-16

411 W Live Oak St
Sheltons $900,000 $506 3 bd / 2 ba 1,780 sqft , 2026-05-15

6616 Candle Ridge Cv
Meadow Mountain 04 $900,000 $368 3 bd / 3 ba 2,447 sqft , 2026-05-20

309 Franklin Blvd #2
Northfield Add $900,000 $457 3 bd / 4 ba 1,971 sqft , 2026-03-24

13326 Trautwein Rd
Sunset Canyon Sec 4 $899,995 $358 4 bd / 4 ba 2,514 sqft , 2026-06-01

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

$4,320/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

$180,000

20% conventional investment loan

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

Estimated Gross Rent+$4,320

Principal + Interest−$4,912

Property Tax (~2.1% TX avg)−$1,575

Insurance (~0.5%)−$375

Est. Monthly Cash Flow $-2,542

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

3606 Wilson St