Active Listing  ·  70 days on market

3705 Tower View Ct

Austin, TX 78723
$525,000
2 Bed 1 Bath 1,085 sqft $484/sqft Built 1953 0.13 acres Pool Manor Hill

Beautifully renovated East Austin home with custom details, flexible living space, and a private, low maintenance backyard. This 2bed 1bath features:

A redesigned kitchen with custom white oak cabinets, black granite countertops, and brand-new appliances

A renovated bathroom with tiled finishes, a new vanity, and updated fixtures

Saltillo-style tile flooring throughout, along with refreshed interior and exterior finishes

Completed foundation repairs and a new driveway

A custom wardrobe system, built-in Murphy bed, and barn door

A finished garage conversion with separate exterior access, offering flexible space for an office, hobbies, or guests

The backyard is designed for easy upkeep, with artificial turf, xeriscaping, mature trees, stone pathways, raised landscaping beds, and a putting green.

Conveniently located near Mueller, Airport Boulevard, Manor Road, UT Austin, and Downtown, with easy access to restaurants, shops, parks, and entertainment.

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

At $484/sqft, this home is priced 24% above the Austin active market average of $390/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 $525,000
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 $484/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 Austin ISD

Austin ISD

Maplewood · Kealing · McCallum

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 →

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
Previous ask $545,000
Current ask $525,000
▼ Reduced $40,000 (-7.1%) 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
1931 E 38th 1/2 St #32
Avion Park Condos Bldg 3
$525,000 $379 2 bd / 3 ba 1,385 sqft , 2026-06-05
4707 Reyes St #2
Chernosky 07
$524,555 $473 2 bd / 3 ba 1,108 sqft , 2026-08-31
1701 Simond Ave #407
Parkside/Mueller Condos
$520,000 $448 2 bd / 2 ba 1,162 sqft , 2026-09-17
1701 Simond Ave #304
Parkside/Mueller Condos
$530,000 $456 2 bd / 2 ba 1,162 sqft , 2026-04-23
2204 E 13th St #B
Division B
$500,000 $478 2 bd / 2 ba 1,045 sqft , 2026-10-08

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
$2,520/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
$105,000
20% conventional investment loan

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

Estimated Gross Rent+$2,520
Principal + Interest−$2,865
Property Tax (assumed ~2.1%)−$919
Insurance (assumed ~0.5%)−$219
Est. Monthly Cash Flow $-1,483

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 · 41 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. The written content was last updated on October 25, 2026.

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

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