Active Listing  ·  77 days on market

372 Old Stone Rd

Austin, TX 78737
$975,000
4 Bed 4 Bath 3,061 sqft $319/sqft Built 2023 0.29 acres 4-Car Garage Pool Parten Ranch

Welcome to a home that makes a statement. Located in highly sought-after Parten Ranch, this immaculate single-story home blends dramatic designer style, a functional floor plan, generous entertaining spaces, and added privacy with no direct rear neighbor.

Striking double front doors open to soaring 13' ceilings, rich designer paint, statement lighting, black doors and trim, warm wood tones, and sophisticated gold and black accents. The expansive living area is anchored by a dramatic floor-to-ceiling painted brick fireplace and flows effortlessly into the kitchen and dining spaces.

At the heart of the home, the showpiece farmhouse-inspired kitchen features an oversized quartz island, custom cabinetry, illuminated display cabinets, stainless steel appliances, a statement wood vent hood, designer lighting, and a built-in beverage and wine station.

A custom wood-accented formal dining room is made for entertaining, while a dedicated office and separate parlor/entertainment room offer flexible spaces for work, movie nights, a playroom, or second living area. The 4-bedroom, 3.5-bath layout includes two private suites, ideal for guests, extended family, or multigenerational living. Upgraded bathroom lighting, faucets, mirrors, and designer finishes continue the elevated aesthetic.

Double sliding glass doors open to a spacious covered patio and expansive fenced backyard overlooking green space, with no direct rear neighbor for added openness and privacy.

A rare 4-car tandem garage offers exceptional parking and storage plus Level 2 EV charging. Additional features include a Rheem tankless water heater, water softener, full irrigation, mirror tinting on select windows and doors, and enhanced attic storage.

Located just minutes from the new Driftwood Springs High School and surrounded by the amenities of Parten Ranch, residents enjoy access to neighborhood trails, parks, resort-style amenities, and convenient proximity to Austin-area dining, shopping, and entertainment.

At $319/sqft, this home is 18% below the Austin active market average of $390/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

372 Old Stone Rd, Austin, TX 78737

Property Details

Price $975,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths 1
Living Area 3,061 sqft
Lot Size 0.29 acres (12,763.08 sqft)
Year Built 2023
Garage 4 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Parten Ranch
County Hays
Zip Code 78737
$/sqft $319/sqft
Days on Market ,
HOA $225/Quarterly
Annual Tax Est. $20,274.96
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT244808604
List Date August 27, 2026
Elementary School Cypress Springs
Middle School Sycamore Springs
High School Dripping Springs
School District Dripping Springs ISD

Dripping Springs ISD

Cypress Springs · Sycamore Springs · Dripping Springs

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
318 Running Bird Rd
Parten Ranch Ph 5
$985,000 $328 4 bd / 3 ba 3,003 sqft , 2026-11-06
384 Leaning Rock Rdg
Parten Ranch Ph 6 & 7
$964,999 $324 4 bd / 4 ba 2,980 sqft , 2026-09-10
791 Bird Holw
Parten
$999,900 $330 4 bd / 5 ba 3,032 sqft , 2026-07-14
225 Bird Bath Bnd
Parten
$999,900 $293 4 bd / 4 ba 3,411 sqft , 2026-08-02
505 Bird Holw
Parten Ranch
$999,900 $303 4 bd / 4 ba 3,295 sqft , 2026-08-11

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
$4,680/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
$195,000
20% conventional investment loan

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

Estimated Gross Rent+$4,680
Principal + Interest−$5,321
Property Tax (assumed ~2.1%)−$1,706
Insurance (assumed ~0.5%)−$406
Est. Monthly Cash Flow $-2,753

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 November 3, 2026.

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

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