Active Listing  ·  49 days on market

3809 Spicewood Springs Rd #127

Austin, TX 78759
$399,900
2 Bed 2 Bath 1,223 sqft $327/sqft Built 1982 0.11 acres Pool Spicewood Point Twnhms Amd

Rare opportunity to own a beautifully maintained single-story townhome in the highly desirable Spicewood Point Townhomes community. Offering 1,223 square feet, this versatile floor plan lives larger than its size with 2 bedrooms, 2 full bathrooms, and a dedicated study that can easily function as a third bedroom. Step inside to find bamboo flooring throughout the main living areas, vaulted ceilings in the living, dining, and kitchen spaces, and abundant natural light from double-pane windows. The open floor plan is centered around a cozy fireplace, creating a warm and inviting atmosphere for everyday living and entertaining. The kitchen features granite countertops, ample cabinet space, and a seamless connection to the living and dining areas. The spacious primary suite includes a large walk-in closet and an updated bathroom with a modern walk-in shower. The secondary bathroom has also been updated and features a relaxing jetted tub.One of the standout features of this home is the outdoor space. Enjoy a large private yard, covered patio, and the added privacy of having only one neighboring unit. Two covered parking spaces are included for convenience. Residents of Spicewood Point enjoy access to a community pool and clubhouse while being just minutes from some of Northwest Austin's most popular destinations. Conveniently located near The Arboretum, The Domain, Gateway Shopping Center, H-E-B, Trader Joe's, and numerous restaurants, coffee shops, and entertainment options. Commuters will appreciate the quick access to Mopac, Highway 183, Loop 360, major employers, and Downtown Austin. Whether you're looking for a low-maintenance home, downsizing without compromise, or seeking a lock-and-leave lifestyle in an exceptional location, 3809 Spicewood Springs Rd #127 is a must see. Schedule your private showing today.

At $327/sqft, this home is 16% 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

3809 Spicewood Springs Rd #127, Austin, TX 78759

Property Details

Price $399,900
Status Active Listing
Beds 2
Full Baths 2
Half Baths ,
Living Area 1,223 sqft
Lot Size 0.11 acres (4,591.22 sqft)
Year Built 1982
Garage ,
Stories ,
Type Residential · Condominium
Subdivision Spicewood Point Twnhms Amd
County Travis
Zip Code 78759
$/sqft $327/sqft
Days on Market ,
HOA $582/Monthly
Annual Tax Est. $8,651.15
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT229922693
List Date June 16, 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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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 16, 2026 $425,000
Current ask $399,900
Reduced $25,100 (-5.9%) 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
1701 Simond Ave #302
Parkside/Mueller Condos
$399,900 $495 1 bd / 1 ba 808 sqft , 2026-03-02
2605 Enfield Rd #221
Enfield Twnhms
$399,900 $389 2 bd / 3 ba 1,028 sqft , 2026-04-21
6800 Menchaca Rd #13
Soma Village Condos
$399,900 $259 2 bd / 3 ba 1,542 sqft , 2026-04-21
6902 Notre Dame Dr
University Hills Sec 1
$399,900 $316 3 bd / 2 ba 1,265 sqft , 2026-05-08
7211 Lakewood Dr #G124
Lakewood Condo Amd
$399,900 $284 3 bd / 2 ba 1,410 sqft , 2026-03-12

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
$1,920/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
$79,980
20% conventional investment loan

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

Estimated Gross Rent+$1,920
Principal + Interest−$2,182
Property Tax (~2.1% TX avg)−$700
Insurance (~0.5%)−$167
Est. Monthly Cash Flow $-1,129

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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