Active Listing  ·  8 days on market

3906 Willbert Rd

Austin, TX 78751
$849,000
3 Bed 2 Bath 1,722 sqft $493/sqft Built 1941 0.11 acres Pool Wilbert Add

Beautifully remodeled, this timeless Craftsman bungalow in Austin's coveted Hancock neighborhood offers the perfect blend of historic character and modern convenience. Rich in architectural charm and thoughtfully updated throughout, this one-of-a-kind home captures the essence of classic Central Austin living.

Offering over 1,700 sqft w/3 bed, 2 full baths, and situated on a generous 5,000+ square foot lot, the home's incredibly flexible floor plan is designed to evolve with your lifestyle. Featuring two electrical meters, the property can easily be separated into two independent living spaces, making it an exceptional opportunity for multigenerational living, an owner-occupied investment, guest quarters, a private home office, or future rental income. Today, it lives as one expansive single-family residence with inviting spaces full of warmth, personality, and timeless design.

Original Craftsman details have been lovingly preserved, including gorgeous hardwood floors, charming built-in cabinetry, vintage hardware, and period millwork that tell the story of the home's rich history. Every room balances authentic character with carefully selected modern finishes, creating spaces that feel both elegant and welcoming.

Step outside to enjoy a classic covered front porch—the perfect place to greet neighbors or unwind with your morning coffee—or retreat to the large, private backyard with ample room for entertaining. Mature trees and lush landscaping create a peaceful urban oasis in one of Austin's most sought-after neighborhoods.

With unbeatable walkability to neighborhood parks, local coffee shops, acclaimed restaurants, shopping, UT Austin, Dell Medical School, and nearby downtown, this remodeled Hancock Craftsman offers a rare combination of historic architecture, flexible living, investment potential, and an exceptional Central Austin location. Opportunities like this are seldom available in one of Austin's most beloved historic neighborhoods.

At $493/sqft, this home is priced 25% 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

3906 Willbert Rd, Austin, TX 78751

Property Details

Price $849,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,722 sqft
Lot Size 0.11 acres (4,991.98 sqft)
Year Built 1941
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Wilbert Add
County Travis
Zip Code 78751
$/sqft $493/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $10,411.5
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT246780019
List Date September 14, 2026
Elementary School Lee
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
2804 E 22nd St #A
Austin Heights
$849,500 $451 3 bd / 3 ba 1,884 sqft , 2026-08-27
3309 Larry Ln #2
Cherrywood
$849,900 $537 3 bd / 3 ba 1,584 sqft , 2026-07-23
4413 Barrow Ave
Eichelbergers Ruby Sub Am Lt
$839,900 $668 3 bd / 2 ba 1,257 sqft , 2026-08-27
3500 Harmon Ave #7
Austin Modern Lofts Condos
$875,000 $429 3 bd / 4 ba 2,040 sqft , 2026-04-30
4408 Barrow Ave
Eichelberger Ruby
$894,500 $438 4 bd / 3 ba 2,044 sqft , 2026-07-09

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
$4,075/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
$169,800
20% conventional investment loan

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

Estimated Gross Rent+$4,075
Principal + Interest−$4,633
Property Tax (~2.1% TX avg)−$1,486
Insurance (~0.5%)−$354
Est. Monthly Cash Flow $-2,398

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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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 →