Active Listing  ·  75 days on market

3802 Hawkshead Dr

Austin, TX 78727
$635,000
4 Bed 2 Bath 1,895 sqft $335/sqft Built 1980 0.24 acres 2-Car Garage Pool Milwood Sec 04

Move-in ready and comfortably updated, this home offers an exceptional combination of modern upgrades, energy efficiency, and an unbeatable location. Recent improvements include a 2025 HVAC system, replacement windows, updated flooring, interior doors, exterior double doors, and additional attic insulation for enhanced comfort and efficiency. The stylish kitchen features quartz countertops, modern cabinetry, a Ruvati sink, and a Whirlpool appliance package including a gas range with center grill burner, refrigerator and microwave. Bathrooms have been updated with quartz countertops, modern fixtures, upgraded toilets, and a large color-temperature adjustable vanity mirror in the primary bath. Additional features include a Smart Carrier thermostat, whole-house fan, updated lighting, and a patio pergola with expanding and contracting cover, irrigation system. A new roof, front and back gutters were installed June 2026. Ideally located near Balcones District Park and just minutes from The Domain, Whole Foods, H-E-B, major employers, shopping, dining, and entertainment. Zoned to highly regarded Summit Elementary, Murchison Middle School, and Anderson High School.

At $335/sqft, this home is 14% below the Austin active market average of $391/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

3802 Hawkshead Dr, Austin, TX 78727

Property Details

Price $635,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths ,
Living Area 1,895 sqft
Lot Size 0.24 acres (10,419.55 sqft)
Year Built 1980
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Milwood Sec 04
County Travis
Zip Code 78727
$/sqft $335/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $9,655.54
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT231633714
List Date May 31, 2026
Elementary School Summitt
Middle School Murchison
High School Anderson
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 · May 31, 2026 $655,000
Current ask $635,000
Reduced $20,000 (-3.1%) 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
11307 Alhambra Dr
Balcones Woods Sec 01
$650,000 $367 3 bd / 2 ba 1,773 sqft , 2026-06-28
12904 Trailwood Rd
Northwood
$659,900 $365 3 bd / 2 ba 1,809 sqft , 2026-05-06
12417 Audane Dr
Angus Trail
$659,900 $305 4 bd / 2 ba 2,162 sqft , 2026-06-20
3907 Skipton Dr
Milwood Sec 04
$599,900 $369 4 bd / 2 ba 1,627 sqft , 2026-05-07
4307 Welland Cir
Balcones Woods Sec 02
$599,000 $345 3 bd / 2 ba 1,737 sqft , 2026-07-21

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
$3,048/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
$127,000
20% conventional investment loan

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

Estimated Gross Rent+$3,048
Principal + Interest−$3,465
Property Tax (~2.1% TX avg)−$1,111
Insurance (~0.5%)−$265
Est. Monthly Cash Flow $-1,793

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 August 12, 2026.

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