Active Listing  ·  46 days on market

3806 Bull Creek Rd #B

Austin, TX 78731
$879,000
3 Bed 3 Bath 1,804 sqft $487/sqft Built 2016 0.10 acres Pool 3806 Bull Crk Condos

Experience contemporary living in this beautifully designed 3-bed, 3-bath home, ideally situated in the heart of Central Austin directly across from The Grove community. This thoughtfully designed home offers a spacious floor plan, low-maintenance landscaping, & private fenced backyard. The open-concept main level is designed for both everyday living & entertaining. Inside, you'll find hardwood flooring & abundant natural light from oversized corner picture windows & large sliding glass door that seamlessly connects the living area to the backyard. The chef-inspired kitchen boasts quartz counters, SS appliances, ample cabinetry, a pantry, & large center island w/bar seating—ideal for casual meals or gathering w/friends and family. A first-floor bedroom provides excellent flexibility as a guest suite or home office, w/full bathroom conveniently located just across the hall. Upstairs, the spacious primary suite offers a peaceful retreat w/oversized bedroom filled w/natural light, a spa-like ensuite bathroom featuring soaking tub, walk-in shower, dual vanity, & walk-in California Closet. The third bedroom includes its own private ensuite bathroom, providing comfort & privacy for guests or roommates. The conveniently located second-floor laundry closet adds everyday convenience. Step outside to enjoy the covered patio, perfect for outdoor dining or relaxing year-round. The backyard features low-maintenance artificial turf, providing lush green space without the upkeep, & the fully fenced yard is ideal for kids and pets. Additional features: tankless water heater, Google Fiber, Rachio Irrigation, & roof, gutters and downspouts replacement in 2024. Enjoy an unbeatable location w/quick access to MoPac, Downtown Austin, The University of Texas, The Arboretum, The Domain, and surrounded by exceptional restaurants, shopping, parks, & entertainment, this home offers the perfect balance of peaceful residential living and convenient urban access. Allows Short-Term Rentals!

At $487/sqft, this home is priced 24% above the Austin active market average of $392/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

3806 Bull Creek Rd #B, Austin, TX 78731

Property Details

Price $879,000
Status Active Listing
Beds 3
Full Baths 3
Half Baths ,
Living Area 1,804 sqft
Lot Size 0.10 acres (4,399.56 sqft)
Year Built 2016
Garage ,
Stories ,
Type Residential · Condominium
Subdivision 3806 Bull Crk Condos
County Travis
Zip Code 78731
$/sqft $487/sqft
Days on Market ,
HOA $800/Quarterly
Annual Tax Est. $13,327
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT242487679
List Date August 7, 2026
Elementary School Bryker Woods
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.

Schedule a Call →

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 · August 7, 2026 $930,000
Previous ask $899,900
Current ask $879,000
Reduced $51,000 (-5.5%) 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
3905 Vantage Dr
The Grove
$875,000 $408 4 bd / 4 ba 2,144 sqft , 2026-03-03
4515 Unity Cir
Grove Master Condos
$865,000 $397 4 bd / 4 ba 2,178 sqft , 2026-09-08
4501 Oakmont Blvd
Shoal Village Sec 02
$899,000 $429 4 bd / 2 ba 2,098 sqft , 2026-09-17
4412 Authentic Dr #206
The Grove
$845,000 $388 4 bd / 4 ba 2,178 sqft , 2026-06-24
5212 Woodrow Ave
Broadacres
$925,000 $555 4 bd / 2 ba 1,666 sqft , 2026-08-28

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
$4,219/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
$175,800
20% conventional investment loan

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

Estimated Gross Rent+$4,219
Principal + Interest−$4,797
Property Tax (~2.1% TX avg)−$1,538
Insurance (~0.5%)−$366
Est. Monthly Cash Flow $-2,482

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

More Luxury Homes in Austin

Loading…
View All Luxury Homes →
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 September 21, 2026.

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