Active Listing  ·  103 days on market

365 Pear Tree Ln

Austin, TX 78737
$925,000
5 Bed 5 Bath 3,649 sqft $253/sqft Built 2023 0.26 acres 3-Car Garage Pool Parten

Discover the perfect blend of luxury and convenience in this meticulously upgraded Taylor Morrison home, located in the sought-after community of Parten. This 3,649 sq. ft. residence offers a "better than new" experience with high-end custom finishes and advanced Smart Home integration. The home features a spacious, open floorplan with soaring ceilings and abundant natural light.

There are 5 bedrooms total, including 2 bedroom suites on the main floor. The primary retreat has a spa-like bathroom with soaking tub and custom closet. The focal point of the living room is the fireplace, which was designed by a local craftsman and is truly one of kind with it's herringbone design from mantel to ceiling. The kitchen features a large central island, walk-in pantry, built-in speakers, and a pass through to the dining room. The dedicated home office has thoughtfully designed bookshelves and desk with drawers and cabinets. The laundry room is also located on the main floor with ample storage and counter space. Upstairs, one bedroom has an en suite bathroom, and the 2 additional bedrooms share a Jack-and-Jill bathroom. In-ceiling speakers were installed in the media room and the spacious bonus room is also wired for sound. Smart Home improvements include automated window shades throughout the home, Lutron light switches and dimmers that can be controlled in-app, hard-wired Ring camera, Schlage wi-fi front door lock, and Honeywell Smart thermostat. The 3-car garage has an epoxy-coated floor and Tesla EV charger.

Situated on a corner lot, the property offers a fully fenced, landscaped backyard that backs to greenbelt. Enjoy dazzling sunsets from the covered patio. Parten residents also have access to the community swimming pool, playground, clubhouse, and miles of hike and bike trails. Construction was completed on this property in late 2023 and has been occupied for less then 2 years. Close to schools and easy access to Downtown Austin!

At $253/sqft, this home is 35% 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

365 Pear Tree Ln, Austin, TX 78737

Property Details

Price $925,000
Status Active Listing
Beds 5
Full Baths 4
Half Baths 1
Living Area 3,649 sqft
Lot Size 0.26 acres (11,499.84 sqft)
Year Built 2023
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Parten
County Hays
Zip Code 78737
$/sqft $253/sqft
Days on Market ,
HOA $225/Quarterly
Annual Tax Est. $20,228.87
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT227470408
List Date April 23, 2026
Elementary School Cypress Springs
Middle School Sycamore Springs
High School Dripping Springs
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 · April 23, 2026 $975,000
Previous ask $950,000
Current ask $925,000
Reduced $50,000 (-5.1%) 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
14519 Fitzhugh Rd
Fitzhugh
$925,000 $310 5 bd / 3 ba 2,980 sqft , 2026-04-02
5700 Navajo Draw Ln
Sweetwater Ranch
$925,000 $266 5 bd / 4 ba 3,473 sqft , 2026-05-18
103 Maddy Way
Lakeway Highlands Ph 1 Sec 3
$925,000 $257 5 bd / 4 ba 3,595 sqft , 2026-07-17
9204 Dingo Dr
Easton Park
$924,900 $249 5 bd / 4 ba 3,715 sqft , 2026-07-23
6112 Cuchara Bnd
Sweetwater Ranch Sec 2 Village N
$929,000 $323 4 bd / 4 ba 2,872 sqft , 2026-08-01

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
$4,440/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
$185,000
20% conventional investment loan

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

Estimated Gross Rent+$4,440
Principal + Interest−$5,048
Property Tax (~2.1% TX avg)−$1,619
Insurance (~0.5%)−$385
Est. Monthly Cash Flow $-2,612

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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