Active Listing  ·  19 days on market

3705 Tower View Ct

Austin, TX 78723
$545,000
2 Bed 1 Bath 1,085 sqft $502/sqft Built 1953 0.13 acres Pool Manor Hill

Extensively renovated from the inside out, this East Austin home gives you fresh finishes, thoughtful custom details & flexible spaces designed for everyday living. Your reimagined kitchen features custom cabinetry, black granite counters, new appliances, upgraded lighting & abundant storage, while the renovated bath adds beautifully tiled finishes, new fixtures & a new vanity. Foundation work, a new driveway, Saltillo-style tile, refinished interiors & exterior updates add even more value. Near Mueller, Airport Blvd, Manor Rd, UT Austin & Downtown, you’ll have convenient access to dining, coffee, shopping, entertainment, parks & trails, plus Austin ISD schools including Maplewood, Kealing & McCallum. Inside, built-ins, a Murphy bed & finished garage conversion w/ separate exterior access create options for work, hobbies or guests. Your low-maintenance backyard extends the possibilities outdoors w/ xeriscaping, artificial turf, mature trees, stone paths, raised beds & a putting green.

Outside, enjoy a private, low-maintenance backyard with artificial turf, xeriscaping, mature trees, stone pathways, raised landscaping beds and a putting green, a great space for entertaining or relaxing without the upkeep of a traditional lawn.

Located in a highly convenient East Austin location near Mueller, Airport Blvd, Manor Rd, UT Austin and Downtown Austin, with easy access to dining, coffee shops, parks, shopping and entertainment. Mueller is only a short drive away and offers parks, trails, restaurants, shopping and everyday conveniences, while Downtown and UT are also easily accessible from this central location.

A truly unique property combining extensive renovations, custom features, low maintenance outdoor living and a convenient central Austin location.

At $502/sqft, this home is priced 28% above the Austin active market average of $392/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

3705 Tower View Ct, Austin, TX 78723

Property Details

Price $545,000
Status Active Listing
Beds 2
Full Baths 1
Half Baths ,
Living Area 1,085 sqft
Lot Size 0.13 acres (5,706.36 sqft)
Year Built 1953
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Manor Hill
County Travis
Zip Code 78723
$/sqft $502/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $8,362
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT245517706
List Date September 3, 2026
Elementary School Maplewood
Middle School Kealing
High School McCallum
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 · September 3, 2026 $565,000
Current ask $545,000
Reduced $20,000 (-3.5%) 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
1701 Simond Ave #639
Parkside/Mueller Condos
$545,000 $500 2 bd / 2 ba 1,091 sqft , 2026-02-28
1701 Simond Ave #407
Parkside/Mueller Condos
$540,000 $465 2 bd / 2 ba 1,162 sqft , 2026-09-17
1701 Simond Ave #304
Parkside/Mueller Condos
$550,000 $473 2 bd / 2 ba 1,162 sqft , 2026-04-23
1809 Maple Ave #2
Glenwood Add Amd Lt 12 & 13 B
$539,900 $479 3 bd / 3 ba 1,126 sqft , 2026-09-14
4707 Reyes St #2
Chernosky 07
$539,555 $487 2 bd / 3 ba 1,108 sqft , 2026-08-31

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
$2,616/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
$109,000
20% conventional investment loan

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

Estimated Gross Rent+$2,616
Principal + Interest−$2,974
Property Tax (~2.1% TX avg)−$954
Insurance (~0.5%)−$227
Est. Monthly Cash Flow $-1,539

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 17, 2026.

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