Active Listing  ·  119 days on market

3618 Kennedy Grace Way

Austin, TX 78728
$450,000
4 Bed 3 Bath 2,413 sqft $186/sqft Built 2016 0.15 acres 2-Car Garage Pool Preston Village

A BEAUTIFUL single family home in highly sought-after Preston Village for sale!! With mother-in-law floor plan, It features 4 bedrooms 3 full baths with the primary bedroom and a game room upstairs. The gourmet kitchen is open to the living room, which features Stainless appliances, the centered island, and beautiful high-quality cabinets. All hard flooring throughout! NO CARPET!! Brand new stylish LVP flooring upstairs. Nice backyard with NO neighbors in the back. This gorgeous home has it all--AUSTIN ADDRESS, ROUND ROCK ISD, AND LOW TAX. Come and see it! You will love it!!

At $186/sqft, this home is 52% below the Austin active market average of $391/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

3618 Kennedy Grace Way, Austin, TX 78728

Property Details

Price $450,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,413 sqft
Lot Size 0.15 acres (6,490.44 sqft)
Year Built 2016
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Preston Village
County Travis
Zip Code 78728
$/sqft $186/sqft
Days on Market ,
HOA $460/Annually
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT219110773
List Date April 7, 2026
Elementary School Joe Lee Johnson
Middle School Chisholm Trail
High School McNeil
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
16505 Castletroy Dr
Avery Ranch East Ph 01
$450,000 $240 3 bd / 2 ba 1,872 sqft , 2026-04-15
5500 Toscana Ave
Agave
$450,000 $284 3 bd / 3 ba 1,583 sqft , 2026-03-30
15315 Origins Ln
Vistas At Lakeway Condo
$450,000 $210 3 bd / 3 ba 2,146 sqft , 2026-04-25
813 Kevin Taylor Dr
Taylor Estates Sec 01
$450,000 $204 3 bd / 3 ba 2,205 sqft , 2026-05-06
10905 Rock Island Dr #57
NORTHWOODS AVERY STATION CONDO
$450,000 $248 3 bd / 3 ba 1,815 sqft , 2026-05-16

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
$2,160/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
$90,000
20% conventional investment loan

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

Estimated Gross Rent+$2,160
Principal + Interest−$2,456
Property Tax (~2.1% TX avg)−$788
Insurance (~0.5%)−$188
Est. Monthly Cash Flow $-1,272

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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