Active Listing  ·  28 days on market

3805 Rockledge Dr

Austin, TX 78731
$3,550,000
6 Bed 6 Bath 4,350 sqft $816/sqft Built 2026 0.31 acres 2-Car Garage Pool New Construction T J Chambers 8 League Grant

The only luxury new build in Central Austin with a fully equipped casita -and one of the few truly walkable addresses in NW Hills. Step through the dramatic entry, where walls of glass pull your gaze straight through the home to the pool beyond. The covered patio flows from the main living room onto expansive low-maintenance decking, past the infinity-edge pool w/cascading waterfall, to an alfresco dining area and fully equipped outdoor kitchen — gas grill, pizza oven, & beverage fridge. A chef’s kitchen built to entertain with high-end Thermador appliances, double dishwashers & multiple beverage stations keep hosting effortless. A butler’s pantry with Bosch refrigerator and freezer sits tucked behind the kitchen, and the adjacent dining room adds a wine fridge. The downstairs primary features heated floors and a full steam room; a matching suite upstairs offers flexibility for multigenerational living or guests. A dedicated office with abundant natural light, CAT 6 wiring, and a lockable door sits privately apart from the downstairs suite. The Casita is true second dwelling with a bar and a Bosch Fridge with an ice maker, full bath, laundry connections, high ceilings, and pocket glass doors opening cabana-style onto the pool deck — plus its own private garden patio. Ideal for long-term guests, home office, it’s an asset most 78731 homes simply don’t offer, and a meaningful edge at resale. A quiet premium block on a flat 0.3-acre lot with mature oaks, steps from top-rated Doss Elementary and its playground, the Murchison track, and a hillside park. Walk to a dozen eateries, HEB, and the Jewish Community Center — a rarity in NW Hills. Residence shares a lot with 3805 Rockledge West next door. Only common element is dividing fence line. Homes are very private. HOA docs available, and there are no annual dues beyond shared liability insurance policy.

At $816/sqft, this home is priced 109% 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

3805 Rockledge Dr, Austin, TX 78731

Property Details

Price $3,550,000
Status Active Listing
Beds 6
Full Baths 5
Half Baths 1
Living Area 4,350 sqft
Lot Size 0.31 acres (13,503.6 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision T J Chambers 8 League Grant
County Travis
Zip Code 78731
$/sqft $816/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $11,223.85
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT238973920
List Date July 7, 2026
Elementary School Doss (Austin ISD)
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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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
1101 Eternity Ter
The Overlook at Westlake
$3,537,578 $781 5 bd / 5 ba 4,530 sqft , 2026-05-04
504 W 7th St
Block 079 Original City
$3,500,000 $688 6 bd / 4 ba 5,089 sqft , 2025-04-21
110 Bella Montagna Cir
Bella Montagna
$3,500,000 $658 5 bd / 7 ba 5,318 sqft , 2026-03-13
1709 Valeria St
Fowler Heights
$3,600,000 $846 5 bd / 4 ba 4,255 sqft , 2026-06-26
244 Zonetail Cv
Hawk Ridge Ph 1
$3,495,000 $756 5 bd / 5 ba 4,626 sqft , 2026-05-14

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
$17,040/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
$710,000
20% conventional investment loan

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

Estimated Gross Rent+$17,040
Principal + Interest−$19,374
Property Tax (~2.1% TX avg)−$6,213
Insurance (~0.5%)−$1,479
Est. Monthly Cash Flow $-10,026

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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