Active Listing  ·  19 days on market

3826 Berkman Dr

Austin, TX 78723
$879,000
3 Bed 4 Bath 2,446 sqft $359/sqft Built 2026 0.03 acres 2-Car Garage Pool New Construction Mueller

Rare ownership opportunity in the heart of Mueller! Convenient end unit with great commercial exposure!!! This unique live/work Shophouse combines a private residence with dedicated first-floor commercial space, allowing you to live upstairs, work downstairs, and own your business space instead of leasing. The commercial space features a separate business entrance and storefront presence, creating a true distinction between work and home. Ideal for entrepreneurs, small business owners, consultants, real estate, mortgage, insurance and financial professionals, architects, designers, creatives, wellness providers, and other service-based businesses seeking visibility and convenience. Even better, the surrounding commercial corridor is expected to open in October, with an ice cream shop and food mart planned next door—bringing increased activity, foot traffic, and visibility to this growing storefront destination and creating an exciting opportunity for a customer or client-facing business. Upstairs, the modern 2-bedroom, 2.5-bath residence is filled with natural light. The open-concept living area features expansive windows and 10-foot sliding glass doors opening to a spacious balcony. The chef-inspired kitchen offers a large quartz island, Bosch appliances, modern cabinetry, and Hansgrohe fixtures. The primary suite includes a spa-inspired bath and walk-in shower, while the secondary bedroom offers its own ensuite bath. Enjoy Mueller’s highly walkable lifestyle with parks, trails, pools, restaurants, coffee shops, shopping, entertainment, and the Farmers’ Market nearby. Downtown Austin, UT, ABIA, and The Domain are just minutes away. True live/work ownership opportunities in Mueller are exceptionally limited. Build your business, stop paying rent for workspace, and invest in where you live and work—all while positioning your business within one of Austin’s most dynamic and growing communities. Builder is offering 3% Flex Cash!!!

At $359/sqft, this home is 9% below the Austin active market average of $393/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

3826 Berkman Dr, Austin, TX 78723

Property Details

Price $879,000
Status Active Listing
Beds 3
Full Baths 3
Half Baths 1
Living Area 2,446 sqft
Lot Size 0.03 acres (1,380.85 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Townhouse
Subdivision Mueller
County Travis
Zip Code 78723
$/sqft $359/sqft
Days on Market ,
HOA $350/Monthly
Annual Tax Est. $14,236.15
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT245687233
List Date September 3, 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
2805 McCurdy St #10
Mueller
$879,000 $431 3 bd / 4 ba 2,040 sqft , 2026-02-24
4208 Taniguchi St
Mueller
$879,000 $396 3 bd / 3 ba 2,218 sqft , 2026-09-18
2509 Robert Browning St
Mueller Sec 10 A Sub
$869,500 $429 4 bd / 3 ba 2,026 sqft , 2026-07-02
2804 E 22nd St #A
Austin Heights
$849,500 $451 3 bd / 3 ba 1,884 sqft , 2026-08-27
1606 Harvey St #1
1606 Harvey St Condos
$849,000 $316 3 bd / 4 ba 2,689 sqft , 2026-08-20

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 →

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 20, 2026.

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