About This Home

Discover an exceptional opportunity where comfort meets convenience in a highly sought-after Austin locale. This charming single-story residence, nestled on a generous 0.21-acre lot, offers a lifestyle of ease and accessibility. With 1594 square feet of meticulously designed living space, this home provides a perfect balance of coziness and functionality. The property's well-maintained grounds offer ample outdoor enjoyment, ideal for gatherings or peaceful relaxation. Located in a vibrant neighborhood, residents benefit from proximity to local amenities, community attractions, tolls roads and main highways enhancing everyday living. This inviting three-bedroom, two-bathroom home provides an ideal setting for creating lasting memories. LOTS of upgrades and improvements!! Contact me today for more info! WELCOME HOME!!!

At $348/sqft, this home is 11% 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

3808 Oak Creek Dr, Austin, TX 78727

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Property Details

Price $555,000

Status Active Listing

Beds 3

Full Baths 2

Half Baths ,

Living Area 1,594 sqft

Lot Size 0.21 acres (9,321.84 sqft)

Year Built 1974

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Northwood

County Travis

Zip Code 78727

$/sqft $348/sqft

Days on Market ,

HOA $15/Annually

Annual Tax Est. $2,436

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT235769312

List Date June 19, 2026

Elementary School Summitt

Middle School Murchison

High School Anderson

School District ,

Have Questions About This Property?

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 · June 19, 2026 $570,000

Current ask $555,000

▼ Reduced $15,000 (-2.6%) 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

8110 Ranch Road 2222 None #10
Hillside Amd The $555,000 $423 2 bd / 3 ba 1,313 sqft , 2026-04-30

9024 Heiden Ln
Circle C Ranch $555,000 $370 3 bd / 2 ba 1,500 sqft , 2026-07-10

5403 Village Way Ct
Fairmont Park Sec 02 $555,000 $382 4 bd / 2 ba 1,454 sqft , 2026-07-23

6602 Mesa Hollow Dr
Lakewood Sec 04 Amd $558,000 $367 2 bd / 3 ba 1,519 sqft , 2026-03-13

5505 Duval St #B
North Loop $559,000 $527 2 bd / 2 ba 1,061 sqft , 2026-04-16

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

$2,664/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

$111,000

20% conventional investment loan

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

Estimated Gross Rent+$2,664

Principal + Interest−$3,029

Property Tax (~2.1% TX avg)−$971

Insurance (~0.5%)−$231

Est. Monthly Cash Flow $-1,567

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

3808 Oak Creek Dr