Active Listing  ·  27 days on market

3904 Tom Miller St

Austin, TX 78723
$987,000
3 Bed 2 Bath 2,005 sqft $492/sqft Built 2021 0.09 acres 2-Car Garage Pool Mueller Sec 11

Rare opportunity to own a newer-construction single-story home in one of Mueller's most coveted locations. Built in 2021, this Craftsman-style residence offers over 2,000 square feet of thoughtfully designed living space with 3 bedrooms, 2 bathrooms, and expansive greenbelt views rarely found in the neighborhood.

This home has an open, airy feel with picturesque views and a front-row seat to Mueller's network of trails, parks, and outdoor spaces. Inside, the well-designed floor plan combines modern functionality with timeless character, featuring generously-sized bedrooms and living spaces, abundant natural light, and seamless flow.

Built with the convenience and efficiency of newer construction, this home delivers the best of Mueller living: walkable access to The Rise School, recently completed Marshall Middle School, an abundance of parks, restaurants, coffee shops, the farmers market, and neighborhood amenities, while offering the rarity of single-story living in an exceptional greenbelt setting.

At $492/sqft, this home is priced 26% above the Austin active market average of $391/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

3904 Tom Miller St, Austin, TX 78723

Property Details

Price $987,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 2,005 sqft
Lot Size 0.09 acres (3,920.4 sqft)
Year Built 2021
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Mueller Sec 11
County Travis
Zip Code 78723
$/sqft $492/sqft
Days on Market ,
HOA $75/Monthly
Annual Tax Est. $23,232.29
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT238480250
List Date July 8, 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
1312 Hurst Holw
Brooks Hollow Resub
$988,000 $619 2 bd / 2 ba 1,596 sqft , 2026-06-20
900 S 2nd St #20
Bouldin Court Condos
$985,000 $597 3 bd / 3 ba 1,650 sqft , 2026-03-17
1806 Rogge Ln
Delwood 04 East Sec 02
$985,000 $519 3 bd / 2 ba 1,898 sqft , 2025-08-08
4702 Chiappero Trl
Shoalwoods
$985,000 $485 3 bd / 2 ba 2,030 sqft , 2026-07-24
15200 Storm Dr
Cardinal Hills Estates Unit 14
$989,900 $604 3 bd / 3 ba 1,639 sqft , 2026-05-05

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
$4,738/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
$197,400
20% conventional investment loan

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

Estimated Gross Rent+$4,738
Principal + Interest−$5,386
Property Tax (~2.1% TX avg)−$1,727
Insurance (~0.5%)−$411
Est. Monthly Cash Flow $-2,786

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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