Active Listing  ·  110 days on market

3712 Meredith St

Austin, TX 78703
$2,495,000
4 Bed 5 Bath 3,413 sqft $731/sqft Built 2007 0.15 acres 2-Car Garage Pool Laurel Heights

Located in the esteemed Central West Austin neighborhood of Tarrytown, 3712 Meredith Street presents a retreat near the serene beauty of Hill Country and Lake Austin. The three-level residence offers 4 bedrooms, 3 full and 2 half baths, a formal dining space, and two living areas. You are greeted by a sophisticated and refined entranceway, with high ceilings and an abundance of natural light. The main level’s living area is spacious and inviting with an elegant fireplace; steel and glass nanofold doors open to a private outdoor terrace for relaxing, grilling or indoor/outdoor hosting. The primary bedroom offers a peaceful sanctuary, complete with a luxurious en-suite bathroom and generous closet space. The suite’s floor-to-ceiling windows overlook the home’s crown jewel: a lush, private and thoughtfully landscaped backyard. Green, flat and enclosed by steel planters and tasteful fencing, it can be used for unwinding, sports, and family gatherings – a rarity among the sloped lots common to this pocket. Also on the main level, the kitchen features high-end appliances, gas cooktop, double ovens, walk-in pantry and a large island with bar seating. The third level offers uninterrupted Hill Country views that extend from the multi-purpose landing area. This floor features two bedrooms with a Jack-and-Jill bath, a spacious half bath, and additional storage. The ground floor offers a quiet bedroom with an en-suite bath and private entrance, well-suited to guests, in-laws, or a work-from-home setup. Approximately 460 sq ft of finished, air-conditioned flex space currently serves as an office and opens through steel and glass doors. Easily reversible to a two-car garage — plans and cost estimate available. Ready to show -- quick close available.

Square footage per owner.

Call agent about pool options.

At $731/sqft, this home is priced 87% 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

3712 Meredith St, Austin, TX 78703

Property Details

Price $2,495,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths 2
Living Area 3,413 sqft
Lot Size 0.15 acres (6,499.15 sqft)
Year Built 2007
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Laurel Heights
County Travis
Zip Code 78703
$/sqft $731/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT224594830
List Date April 16, 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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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 · April 16, 2026 $2,850,000
Previous ask $2,595,000
Current ask $2,495,000
Reduced $355,000 (-12.5%) 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
14753 Arrowhead Dr
Arrowhead Point 01
$2,495,000 $577 4 bd / 4 ba 4,322 sqft , 2026-05-08
222 West Ave #2301
Seaholm Residences Residential
$2,495,000 $1,120 3 bd / 3 ba 2,227 sqft , 2026-05-15
1201 Silver Hill Dr
Rolling Hills West
$2,495,000 $585 5 bd / 5 ba 4,265 sqft , 2026-06-26
5711 Pool Canyon Cv
Hudson Bend Colony 02
$2,499,000 $562 4 bd / 4 ba 4,444 sqft , 2026-03-04
1606 Buffalo Gap Rd
Buffalo Gap
$2,499,000 $641 4 bd / 5 ba 3,898 sqft , 2026-04-10

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
$11,976/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
$499,000
20% conventional investment loan

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

Estimated Gross Rent+$11,976
Principal + Interest−$13,616
Property Tax (~2.1% TX avg)−$4,366
Insurance (~0.5%)−$1,040
Est. Monthly Cash Flow $-7,046

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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