Active Listing  ·  4 days on market

3704 Bonnie Rd

Austin, TX 78703
$3,995,000
5 Bed 6 Bath 3,769 sqft $1,060/sqft Built 2017 0.19 acres 2-Car Garage Pool Walsh Place Div B

Designed by Zagorski Architects, this exceptional Tarrytown custom home showcases timeless, elegant design with warm, inviting interiors in one of Austin’s most coveted, walkable locations—just moments from the shores of Lake Austin. Featuring 5 bedrooms, 5 full bathrooms, and a powder bath, the home offers a thoughtful layout ideal for both everyday living and entertaining. The main level includes a private primary suite, highlighted by pocketing La Cantina corner glass doors that fully retract into the wall to create a seamless indoor-outdoor experience, along with an additional guest bedroom—resulting in a highly functional floor plan that offers both comfort and convenience for residents and visitors alike. A striking pivot entry door sets the tone for the home’s refined craftsmanship, opening to a stunning living space with floor-to-ceiling La Cantina glass doors, a 70" linear fireplace, custom wood staircase, and seamless flow into the dining area and chef’s kitchen. The kitchen is outfitted with premium Miele appliances, including a built-in coffee system. Step outside and enjoy a true lifestyle property, with Mozart’s Coffee, Hula Hut, and Walsh Landing Boat Ramp all just a short two-minute walk away, offering effortless access to dining, waterfront views, and lake activities. The backyard is professionally landscaped with low-maintenance turf and features a pool, creating a private outdoor retreat designed for year-round enjoyment. A detached guest apartment above the two-car garage adds flexibility—perfect for guests or potential rental income. With unbeatable walkability and immediate proximity to Lake Austin’s most iconic spots, this home offers a rare blend of comfort, sophistication, and lifestyle.

At $1,060/sqft, this home is priced 171% above the Austin active market average of $391/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

3704 Bonnie Rd, Austin, TX 78703

Property Details

Price $3,995,000
Status Active Listing
Beds 5
Full Baths 5
Half Baths 1
Living Area 3,769 sqft
Lot Size 0.19 acres (8,472.42 sqft)
Year Built 2017
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Walsh Place Div B
County Travis
Zip Code 78703
$/sqft $1,060/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $51,381.82
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT250293247
List Date October 19, 2026
Elementary School Casis
Middle School O Henry
High School Austin
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
102 Canyon Cir W
BLUFFINGTON SEC 2
$4,400,000 $1,055 4 bd / 4 ba 4,170 sqft , 2026-09-28
3601 Cherry Ln
Walsh Place
$3,125,000 $1,125 4 bd / 4 ba 2,778 sqft , 2026-08-25
2909 Hillview Rd
Brown Herman Add 02 Sec 05
$2,675,000 $802 4 bd / 3 ba 3,337 sqft , 2026-09-07

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
$19,176/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
$799,000
20% conventional investment loan

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

Estimated Gross Rent+$19,176
Principal + Interest−$21,802
Property Tax (~2.1% TX avg)−$6,991
Insurance (~0.5%)−$1,665
Est. Monthly Cash Flow $-11,282

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 20, 2026.

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