Active Listing  ·  10 days on market

3820 Hermalinda St

Austin, TX 78723
$675,000
3 Bed 2 Bath 1,252 sqft $539/sqft Built 2008 0.08 acres 2-Car Garage Pool Mueller Sec 05

Rare single story free-standing cottage called a yard home in popular Mueller planned community in Central Austin. Why do people love the Mueller area? Fun, food and music with Central convenience near UT, downtown, State offices, High Tech employers, quick to the Airport. Walkable, bikeable, parks and pools and playground and trails and lakes and shops and many restaurants, HEB Grocery, big box stores, a hospital, golf course, Farmer’s Market, Alamo Drafthouse Cinema, tennis nearby, music venues, Thinkery and so much more. Friendly shaded front porch to enjoy neighbors walking on Hermalinda St. (means beautiful and lovely). Built by Meritage, in 2008 in a timeless style of high ceilings, many large windows for natural light, beveled arch doorways and open spaces to keep you in the conversation with your guests. Primary suite privacy with soaking tub and step-in shower. Two front rooms off the entryway could be office, hobbies, parlor, music room or guest bedrooms or remove a wall to create a dining room. Wall of bookshelves for books and precious display items can stay. Live simply with wood and tile floors and plantation shutters in a small scale manageable home with no wasted space. Or, update some finishes with all the choices that you love. Recent impact resistant roof, Ruud HVAC and more. Big attached double garage, insulated door and walls, convenient alley access with no steps into the kitchen. Kitchen door opens to automatic shade covered mini yard for a restful outdoor sunset moment or play with 4 legged friends or little ones. Indoor laundry closet, all appliances can stay, low HOA fee. A possibility for a lock-and-leave comfortable lifestyle with low maintenance in a special community, like a small town within the city. The Mueller area is vibrant, dynamic and fun. There is a website for this house.

At $539/sqft, this home is priced 37% above the Austin active market average of $393/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

3820 Hermalinda St, Austin, TX 78723

Property Details

Price $675,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,252 sqft
Lot Size 0.08 acres (3,327.98 sqft)
Year Built 2008
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Mueller Sec 05
County Travis
Zip Code 78723
$/sqft $539/sqft
Days on Market ,
HOA $75/Monthly
Annual Tax Est. $15,056.3
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT246640159
List Date September 12, 2026
Elementary School Maplewood
Middle School Kealing
High School McCallum
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
3923 E 16th St #A
Flournoy Hts Sec 3
$699,000 $426 3 bd / 3 ba 1,639 sqft , 2026-05-29
4416 Berkman Dr #B
Mueller House Condo Ame
$700,000 $431 3 bd / 2 ba 1,625 sqft , 2026-04-30
2702 E 22nd St
Austin Heights
$649,000 $492 2 bd / 1 ba 1,318 sqft , 2026-08-28
3333 E 12th St
Breedlove Add
$619,995 $369 3 bd / 3 ba 1,681 sqft , 2026-07-30
4100 Berkman Dr
Mueller
$750,000 $476 2 bd / 3 ba 1,576 sqft , 2026-09-10

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
$3,240/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
$135,000
20% conventional investment loan

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

Estimated Gross Rent+$3,240
Principal + Interest−$3,684
Property Tax (~2.1% TX avg)−$1,181
Insurance (~0.5%)−$281
Est. Monthly Cash Flow $-1,906

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 →

Neighborhood Context

About Mueller

Mueller was built on the site of Austin's old Robert Mueller Municipal Airport, which closed in 1999. What replaced it is one of the most thoughtfully planned urban neighborhoods in Texas - a mix of single-family homes, townhomes, condos, and apartments built around parks, trails, and walkable retail.

The neighborhood is anchored by Mueller Lake Park, a 30-acre park and pond at its center, and the Mueller Farmers' Market (one of Austin's best) runs every Sunday. Aldrich Street - Mueller's main commercial strip - has restaurants, coffee shops, and retail that serve the neighborhood without overwhelming it.

🌿
Mueller Lake Park

30-acre park with a pond, walking trails, splash pad, and dog park at the center of the neighborhood. Feels like a central park for the community.

🛒
Sunday Farmers Market

One of Austin's most attended farmers markets runs every Sunday year-round on Aldrich Street. A true neighborhood institution.

🏗️
Built Green

Mueller has one of the highest concentrations of green-certified homes in Austin. Many homes feature solar panels, rainwater collection, and energy-efficient construction.

🚲
Trail Network

Extensive internal trail system connects the neighborhood, plus connections to the larger Austin trail network. Cycling and walking are genuinely practical here.

Full Mueller Guide →

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 September 21, 2026.

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