Active Listing  ·  29 days on market

3700 Shady Valley Dr

Austin, TX 78739
$650,000
3 Bed 3 Bath 2,432 sqft $267/sqft Built 1984 0.40 acres 4-Car Garage Pool Shady Hollow Sec 03-B

Nestled on an oversized lot in the highly sought-after Shady Hollow community, this spacious 3-bedroom, 3-bath home offers the perfect blend of comfort, functionality, and convenience. With approximately 2,432 square feet of living space, the thoughtfully designed floor plan features generous living areas, a bright sunroom filled with natural light, and plenty of room for entertaining or relaxing.

Outside, you’ll find a rare secondary garage/workshop—ideal for hobbies, extra vehicle storage, a home gym, or recreational equipment. The expansive lot provides endless possibilities for outdoor living, gardening, or future enhancements while offering the privacy and space that are increasingly difficult to find in Austin.

Perfectly positioned in Southwest Austin, this home offers quick access to some of the city’s most popular destinations:

? Downtown Austin – approximately 20 minutes

? Lady Bird Lake & Hike-and-Bike Trail – approximately 20 minutes

? South Congress (SoCo) District – approximately 18 minutes

? Barton Creek Greenbelt – approximately 15 minutes

? Barton Creek Square Mall – approximately 15 minutes

? Zilker Park & Barton Springs Pool – approximately 20 minutes

? Lady Bird Johnson Wildflower Center – approximately 10 minutes

? Austin-Bergstrom International Airport – approximately 25 minutes

? The Domain – approximately 30 minutes

Enjoy the tranquility of an established neighborhood while remaining just minutes from Austin’s renowned dining, shopping, outdoor recreation, and entertainment. This exceptional property offers the rare combination of space, versatility, and an unbeatable location in one of Southwest Austin’s most desirable communities.

At $267/sqft, this home is 32% below the Austin active market average of $392/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

3700 Shady Valley Dr, Austin, TX 78739

Property Details

Price $650,000
Status Active Listing
Beds 3
Full Baths 3
Half Baths ,
Living Area 2,432 sqft
Lot Size 0.40 acres (17,567.75 sqft)
Year Built 1984
Garage 4 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Shady Hollow Sec 03-B
County Travis
Zip Code 78739
$/sqft $267/sqft
Days on Market ,
HOA $560/Annually
Annual Tax Est. $11,500.74
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT240004465
List Date July 26, 2026
Elementary School Baranoff
Middle School Bailey
High School Bowie
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
3311 Sesbania Dr
Shady Hollow Sec 5 Phs II
$645,250 $284 3 bd / 3 ba 2,269 sqft , 2026-06-23
3414 Eldorado Trl
Shady Hollow Add Sec 02 Ph 01
$665,000 $316 3 bd / 2 ba 2,105 sqft , 2026-06-25
4110 Paseo Dr
Shady Hollow Sec 03-A Ph 03
$672,000 $255 4 bd / 2 ba 2,636 sqft , 2026-05-07
3105 Sesbania Dr
Shady Hollow Sec 06 Ph A
$699,500 $250 4 bd / 3 ba 2,797 sqft , 2026-07-17
11425 Sabinal Mesa Dr
Shady Hollow West
$600,000 $247 4 bd / 3 ba 2,431 sqft , 2026-06-05

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
$3,120/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
$130,000
20% conventional investment loan

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

Estimated Gross Rent+$3,120
Principal + Interest−$3,547
Property Tax (~2.1% TX avg)−$1,138
Insurance (~0.5%)−$271
Est. Monthly Cash Flow $-1,836

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 July 27, 2026.

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