Active Listing  ·  1 day on market

3609 Oak Creek Dr

Austin, TX 78727
$550,000
3 Bed 2 Bath 1,420 sqft $387/sqft Built 1982 0.16 acres 2-Car Garage Pool Northwood Sec 06

The owners renovated this Northwood home with thoughtful attention to detail. It wasn’t about making everything look new as quickly as possible. The house was taken down to the studs, the layout was thoughtfully reworked.

The result is a 1,420-square-foot jewel box under the live oaks in Northwood: small enough to feel cozy, but open, bright, and incredibly well used.

The main living space has vaulted ceilings, a warm wood beam, a floor-to-ceiling stone fireplace, and French doors opening onto the covered back patio and yard. The kitchen was redesigned with architect and engineer plans, with custom cabinetry to the ceiling, quartz counters, a large island, walk-in pantry, farmhouse sink, gas cooktop, double ovens, and built-in-style refrigerator.

The primary suite has another beamed ceiling, a walk-in closets, and a beautiful primary bath with herringbone marble floors, brass fixtures, glass walk-in shower, and double vanity.

But this renovation isn’t just pretty. There’s new HVAC and ductwork, upgraded electrical service and wiring, updated plumbing, new windows, new insulation and drywall where needed, new flooring, doors, trim and lighting, plus extensive exterior work, fencing and landscaping. You will be the first to enjoy the renovations, everything untouched.

And then there’s the location. Northwood is quiet, established, family-friendly, and full of mature trees, while still feeling connected to Austin. Coffee, pizza, and some seriously good sushi are right nearby. The MoPac Express entrance is minutes away, making the downtown commute surprisingly straightforward.

3 beds | 2 baths | 1,420 sq ft | 0.16 acre | Single story | Northwood 78727

This isn’t a giant house trying to be everything. It’s a really good home, done really well.

At $387/sqft, this home is priced in line with the Austin market average of $392/sqft across 4,460 active listings. View Austin market report →

Location

3609 Oak Creek Dr, Austin, TX 78727

Property Details

Price $550,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,420 sqft
Lot Size 0.16 acres (6,960.89 sqft)
Year Built 1982
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Northwood Sec 06
County Travis
Zip Code 78727
$/sqft $387/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $8,700.43
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT249140476
List Date October 7, 2026
Elementary School Summitt
Middle School Murchison
High School Anderson
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
12217 Antoinette Pl
Milwood Sec 07
$550,000 $306 3 bd / 3 ba 1,796 sqft , 2026-10-06
12935 Pegasus St
Northwood
$559,900 $327 3 bd / 3 ba 1,711 sqft , 2026-08-21
4111 Everest Ln
Milwood
$510,000 $299 3 bd / 3 ba 1,704 sqft , 2026-09-18
3802 Hawkshead Dr
Milwood Sec 04
$595,000 $314 4 bd / 2 ba 1,895 sqft , 2026-05-31
3907 Skipton Dr
Milwood Sec 04
$599,900 $369 4 bd / 2 ba 1,627 sqft , 2026-05-07

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
$2,640/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
$110,000
20% conventional investment loan

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

Estimated Gross Rent+$2,640
Principal + Interest−$3,002
Property Tax (~2.1% TX avg)−$963
Insurance (~0.5%)−$229
Est. Monthly Cash Flow $-1,554

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 October 8, 2026.

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