Active Listing  ·  16 days on market

3717 Werner Ave

Austin, TX 78722
$439,900
2 Bed 1 Bath 919 sqft $479/sqft Built 1940 0.12 acres 2-Car Garage Pool University Park

A quintessential vintage yet modern French Place/Cherrywood home, there's no other way to describe it! Original hardwood floors, 42" cabinets, original moldings, glass doorknobs, well kept, with archways and clapboard behind the drywall. Cozy, but with larger bedrooms and separate living/dining area. New roof on house & garage March 2024, new HVAC Aug 2023, new plumbing in laundry room and under house July and Nov 2023, respectively. Separate two car garage, new backyard fence by FenceMaxx Aug 2021,full bathroom remodel April 2021, new tankless water heater Dec 2019, new front and back door 2017. New windows (15 total) 3/2016 - Vista Window company - vinyl, ?” glass, Argon, low-E, Bedroom windows with Hero Glass - noise dampening with a transferable lifetime limited warranty. And, of course, the location is ideal, across the street from Cherrywood coffee, St David's, and walking distance to UT.

At $479/sqft, this home is priced 23% 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

3717 Werner Ave, Austin, TX 78722

Property Details

Price $439,900
Status Active Listing
Beds 2
Full Baths 1
Half Baths ,
Living Area 919 sqft
Lot Size 0.12 acres (5,009.4 sqft)
Year Built 1940
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision University Park
County Travis
Zip Code 78722
$/sqft $479/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $8,568.1
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT249277398
List Date October 8, 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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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
1815 Singleton Ave
Glenwood Add
$450,000 $666 2 bd / 1 ba 676 sqft , 2026-07-14
3311 Hollywood Ave
University Park
$425,000 $496 1 bd / 1 ba 856 sqft , 2026-02-06
2107 Chicon St
Johns C R
$425,000 $513 1 bd / 2 ba 829 sqft , 2026-10-20
1717 E 38th 1/2 St
Giles Place Sec 01
$480,000 $530 2 bd / 1 ba 905 sqft , 2026-10-16
3110 Red River St #C-402
Sterling Crest Condo Am
$399,000 $421 2 bd / 2 ba 947 sqft , 2026-05-05

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
$2,112/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
$87,980
20% conventional investment loan

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

Estimated Gross Rent+$2,112
Principal + Interest−$2,401
Property Tax (~2.1% TX avg)−$770
Insurance (~0.5%)−$183
Est. Monthly Cash Flow $-1,242

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 15, 2026.

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