Active Listing  ·  47 days on market

3704 Caney Creek Rd

Austin, TX 78732
$539,000
4 Bed 3 Bath 2,282 sqft $236/sqft Built 1993 0.18 acres 2-Car Garage Pool Steiner Ranch Ph 01 Sec 01

Seller offering carpet allowance for strong offer received and accepted on or before September 4th! Tucked on a quiet cul-de-sac in popular Steiner Ranch, 3704 Caney Creek Rd is a classic red-brick two-story home with 4 beds, 2.5 baths, 2,282 sq. ft., and a 2-car garage. Backing to a serene greenbelt, it serves as a private natural retreat with treetop views, offering timeless style and comfort, just minutes from top Leander ISD schools, shopping, and dining. Step inside to a light-filled layout with soaring vaulted ceilings, warm wood floors, custom paint, and plantation shutters. Designed for gathering, the home features flexible living and dining areas anchored by a gas-log fireplace. The updated kitchen boasts quartz countertops, tile backsplash, stainless gas appliances, a breakfast bar, and an eat-in nook. An expansive back deck overlooks the yard and greenbelt, perfect for outdoor dining or morning coffee. Upstairs, all four bedrooms are arranged for privacy. The primary suite acts as a quiet retreat with nature views, walk-in closets, and an ensuite bath with dual vanities and a deep soaking tub. Additional features include a dedicated laundry room, refreshed light fixtures, and Tesla Charger in the garage. Steiner Ranch offers resort-style amenities, including three pool complexes, tennis courts, playgrounds, dog parks, 20+ miles of trails, and access to the Lake Austin Waterfront Lake Club. Zoned for Steiner Ranch Elementary, Canyon Ridge Middle, and Vandegrift High.

At $236/sqft, this home is 40% below the Austin active market average of $393/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

3704 Caney Creek Rd, Austin, TX 78732

Property Details

Price $539,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths 1
Living Area 2,282 sqft
Lot Size 0.18 acres (7,666.56 sqft)
Year Built 1993
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Steiner Ranch Ph 01 Sec 01
County Travis
Zip Code 78732
$/sqft $236/sqft
Days on Market ,
HOA $523/Semi-Annually
Annual Tax Est. $10,703.68
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT242140470
List Date August 7, 2026
Elementary School Steiner Ranch
Middle School Canyon Ridge
High School Vandegrift
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 · August 7, 2026 $549,000
Previous ask $545,000
Current ask $539,000
Reduced $10,000 (-1.8%) 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
3609 Latimer Dr
Steiner Ranch Ph 01 Sec 01
$549,900 $260 3 bd / 3 ba 2,115 sqft , 2026-07-30
2904 Centennial Olympic Park
Steiner Ranch Parkside
$550,000 $248 3 bd / 2 ba 2,216 sqft , 2026-07-23
2805 Centennial Olympic Park
Steiner Ranch Parkside
$525,000 $278 3 bd / 2 ba 1,890 sqft , 2026-08-22
3803 Caney Creek Rd
Steiner Ranch Ph 01 Sec 01
$522,500 $265 3 bd / 3 ba 1,972 sqft , 2026-09-01
3009 Centennial Olympic Park
Steiner Ranch Parkside
$565,000 $245 3 bd / 2 ba 2,307 sqft , 2026-07-01

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
$2,587/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
$107,800
20% conventional investment loan

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

Estimated Gross Rent+$2,587
Principal + Interest−$2,942
Property Tax (~2.1% TX avg)−$943
Insurance (~0.5%)−$225
Est. Monthly Cash Flow $-1,523

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 20, 2026.

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