Active Listing  ·  181 days on market

3902 Louise Lee Dr

Austin, TX 78725
$265,000
3 Bed 2 Bath 1,722 sqft $154/sqft Built 2002 0.12 acres 2-Car Garage Pool Austin's Colony

Don't Walk! Run, skip, race or jump to this move-in-ready home in the Austin’s Colony subdivision situated in a most convenient location: less than 2 miles to the Texas 130 toll road and one exit south to Tesla. Exclamations are in order when you see this lovingly tended and upgraded home. A covered front porch speaks the language of hospitality, welcoming the visitor into this well designed, open layout, perfectly blending comfort, durability, and thoughtful updates. Luxury vinyl plank blankets the flooring throughout except for hard tiles in the kitchen/dining area and both baths. The spacious living room sports liberal wall space to easily accommodate any furniture requirements, perfect for both entertaining and quiet relaxation. The Chef’s delight kitchen sets the tone with ample cabinets and counter space, and built-in microwave and gas range, while sliding glass doors in the generously sized dining area grant an eye-pleasing view of the back yard. Primary suite is positioned towards the rear of the home for parental privacy, and features furniture placement versatility, tiered ceiling with lighted ceiling fan, huge walk-in closet, and a well-appointed bath w/garden tub and separate walk-in shower, and dual sinks vanity. Both secondary bedrooms have ample closet space and lighted ceiling fans. Large interior utility room pulls double duty as a walk-in pantry. The twin car sized garage boasts shelving for additional storage. Open patio beckons to sit a spell and enjoy the outdoors, while the fully privacy fenced yard creates a secure oasis for pets, play, or weekend BBQs. Extra amenities include custom blinds throughout, freshly painted interior - to include the garage – and crown molding. One year warranty provided!!

At $154/sqft, this home is 61% 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

3902 Louise Lee Dr, Austin, TX 78725

Property Details

Price $265,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,722 sqft
Lot Size 0.12 acres (5,309.96 sqft)
Year Built 2002
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Austin's Colony
County Travis
Zip Code 78725
$/sqft $154/sqft
Days on Market ,
HOA $66/Quarterly
Annual Tax Est. $4,734.05
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT216168145
List Date February 4, 2026
Elementary School Hornsby-Dunlap
Middle School Dailey
High School Del Valle
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
12500 Lamppost Ln #16
CAPITAL A CONDOMINIUMS AT LAMPPOST
$265,000 $190 3 bd / 3 ba 1,398 sqft , 2026-04-29
4516 Kind Way #253
Chaparral Crossing Condo Amd
$265,000 $185 3 bd / 3 ba 1,432 sqft , 2026-05-25
3845 Ranch Road 2222 None #26/M2
Terraces
$265,000 $227 2 bd / 3 ba 1,167 sqft , 2026-07-01
15111 Parrish Ln
Austin's Colony
$265,000 $204 3 bd / 2 ba 1,300 sqft , 2026-07-13
4504 Inicio Ln
Chaparral Crossing Condo Amd
$265,000 $202 3 bd / 3 ba 1,310 sqft , 2026-07-26

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
$1,272/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
$53,000
20% conventional investment loan

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

Estimated Gross Rent+$1,272
Principal + Interest−$1,446
Property Tax (~2.1% TX avg)−$464
Insurance (~0.5%)−$110
Est. Monthly Cash Flow $-748

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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