Active Listing  ·  117 days on market

3822 Berkman Dr

Austin, TX 78723
$899,000
3 Bed 4 Bath 2,417 sqft $372/sqft Built 2023 0.03 acres 2-Car Garage Pool New Construction Mueller

Prime Live/Work Opportunity in the Heart of Mueller

This stylish residential shophouse offers an exceptional live/work setup with a prominent storefront along Berkman Drive, ideal for entrepreneurs, creatives, or professionals seeking visibility and flexibility in one of Austin’s most desirable communities.

The street-level space features a large display window, private entrance, and bathroom—perfect for a boutique, studio, office, or consulting practice. It also functions beautifully as a private guest or mother-in-law suite, with its own entrance, full bath, and optional mini refrigerator and microwave, creating a casita-like retreat for visiting family or long-term guests.

Upstairs, the modern 2-bedroom, 2.5-bath residence is filled with natural light and designed for comfort and style. The open living area opens to a spacious balcony through 10-foot sliding glass doors, while a rooftop deck with Mueller Tower views provides the perfect place to relax or entertain.

The chef’s kitchen features a large quartz island, Bosch appliances, sleek cabinetry, and Hansgrohe fixtures. The primary suite includes a spa-inspired bath, and the secondary bedroom offers its own ensuite.

Enjoy a highly walkable lifestyle with access to 140 acres of parks, trails, pools, dining, and shopping—all just minutes from Downtown Austin, UT, ABIA, and The Domain. A rare opportunity to elevate your live/work lifestyle or multi-generational living in the heart of Mueller.

At $372/sqft, this home is 5% 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

3822 Berkman Dr, Austin, TX 78723

Property Details

Price $899,000
Status Active Listing
Beds 3
Full Baths 3
Half Baths 1
Living Area 2,417 sqft
Lot Size 0.03 acres (1,380.85 sqft)
Year Built 2023
Garage 2 spaces
Stories ,
Type Residential · Townhouse
Subdivision Mueller
County Travis
Zip Code 78723
$/sqft $372/sqft
Days on Market ,
HOA $350/Monthly
Annual Tax Est. $9,674.18
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT223806239
List Date April 9, 2026
Elementary School Blanton
Middle School Lamar (Austin ISD)
High School Northeast Early College
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 →

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
4530 Clawson Rd #1
Park Forest Sec 03
$899,000 $474 3 bd / 3 ba 1,896 sqft , 2026-01-18
1813 E 38th 1/2 St #2
Giles Place Sec 02
$899,000 $525 3 bd / 3 ba 1,713 sqft , 2026-01-28
8904 Chisholm Ln
Western Ridge Estates Sec A
$899,000 $419 3 bd / 3 ba 2,144 sqft , 2026-01-15
3001 Del Curto Rd #35
Canopy Condo
$899,000 $416 4 bd / 3 ba 2,163 sqft , 2026-04-15
3907C Belmont Park Dr
14 Belmont Park
$899,000 $341 3 bd / 3 ba 2,638 sqft , 2026-03-18

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
$4,315/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
$179,800
20% conventional investment loan

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

Estimated Gross Rent+$4,315
Principal + Interest−$4,906
Property Tax (~2.1% TX avg)−$1,573
Insurance (~0.5%)−$375
Est. Monthly Cash Flow $-2,539

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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