Active Listing  ·  9 days on market

3700 Garden Villa Ln #2

Austin, TX 78704
$950,000
4 Bed 3 Bath 2,005 sqft $474/sqft Built 2008 0.12 acres 1-Car Garage Pool 3700 Garden Villa Condo

Welcome to modern Austin living in coveted 78704. Located in the Galindo neighborhood, 3700 Garden Villa Ln Unit 2 offers 4 bedrooms, 3 baths, and 2,005 sq ft of sunlit space designed to function like a stand-alone home. Step inside to high ceilings, hardwood floors, and bright windows. The chef’s kitchen boasts a huge quartz island, custom cabinets, and stainless appliances. Two main-floor bedrooms offer home office flexibility, while upstairs features two spacious suites with designer baths. Enjoy seamless indoor-outdoor living with a uniquely private, fully fenced front and back yard paired with a custom wooden deck, a rare outdoor feature for the area. Living in ’04 puts iconic dining on South Lamar and South Congress, plus Zilker Park, Barton Springs, and Lady Bird Lake right at your doorstep. Complete with an attached 1-car garage and private driveway. Structured as a condo with an association featuring a $0 fee, the residence shares only a single garage wall with Unit 1, giving you complete home privacy with minimal shared structure.

At $474/sqft, this home is priced 21% above the Austin active market average of $393/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

3700 Garden Villa Ln #2, Austin, TX 78704

Property Details

Price $950,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,005 sqft
Lot Size 0.12 acres (5,153.15 sqft)
Year Built 2008
Garage 1 spaces
Stories ,
Type Residential · Condominium
Subdivision 3700 Garden Villa Condo
County Travis
Zip Code 78704
$/sqft $474/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $16,503.37
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT245874517
List Date September 13, 2026
Elementary School Galindo
Middle School Lively
High School Travis
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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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
2702 S 2nd St #1 & 2
Oak Ridge Heights Sec 01
$925,000 $371 3 bd / 3 ba 2,496 sqft , 2026-05-27
2608 Del Curto Rd #3
Del Curto Condo
$987,000 $390 3 bd / 4 ba 2,530 sqft , 2026-04-16
2711 Stacy Ln #1
Pearson
$995,000 $433 3 bd / 4 ba 2,300 sqft , 2026-06-05
2804 Wilson St #B
Sacramento Street Condo Amd
$999,999 $444 3 bd / 3 ba 2,250 sqft , 2026-08-19
411 W Live Oak St
Sheltons
$900,000 $506 3 bd / 2 ba 1,780 sqft , 2026-05-15

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
$4,560/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
$190,000
20% conventional investment loan

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

Estimated Gross Rent+$4,560
Principal + Interest−$5,185
Property Tax (~2.1% TX avg)−$1,663
Insurance (~0.5%)−$396
Est. Monthly Cash Flow $-2,684

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 22, 2026.

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