Active Listing  ·  8 days on market

3909 Willbert Rd

Austin, TX 78751
$1,188,000
5 Bed 5 Bath 2,651 sqft $448/sqft Built 1940 0.15 acres Pool Willbert Add

**SELLER FINANCING AVAILABLE AT 4.5% INTEREST WITH 30% DOWN!** Subject to seller approval and agreed terms. Two extensively renovated homes on one lot in Central Austin's desirable Hancock neighborhood! Approximately 2,700 combined square feet with 5 bedrooms and 5 full bathrooms. Ideal for multigenerational living, extended family, or rental income potential. Minutes from UT Austin and walking distance to Hancock Center, H-E-B, shopping, and restaurants!

The main home offers approximately 1,700 square feet with 3 bedrooms and 3 bathrooms. Extensively renovated in 2020 with new electrical wiring, plumbing, tankless water heaters, insulated pipes, and roof servicing. Brand-new flooring throughout and a new microwave installed October 2026! Features include a fireplace, updated kitchen with stainless steel appliances, dining area, and interior laundry. The primary suite has its own private entrance, bathroom, and kitchenette, offering flexible studio-style living.

The detached rear residence offers approximately 1,000 square feet with 2 bedrooms and 2 bathrooms. Originally a studio, it was expanded and renovated in 2021–2022 with two bedrooms and a bathroom added, new electrical wiring, plumbing, two separate HVAC systems, tankless hot water, and a new roof. Both homes received new windows, doors, and insulation during the renovations.

Outside, enjoy mature shade trees, new sod installed October 2026, refreshed landscaping, off-street parking, and a recently serviced property-wide sprinkler system.

Strong rental history! The front home previously rented for $3,200/month and the rear for $2,600/month, plus utilities, totaling $5,800/month in historical rent. Potential for long-term rentals, multigenerational living, or short-term rental use, subject to applicable regulations and licensing.

Convenient to downtown Austin, Hyde Park, Mueller, and UT. A rare opportunity to own two updated residences with exceptional flexibility in a prime Central Austin location!

At $448/sqft, this home is priced 15% 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

3909 Willbert Rd, Austin, TX 78751

Property Details

Price $1,188,000
Status Active Listing
Beds 5
Full Baths 5
Half Baths ,
Living Area 2,651 sqft
Lot Size 0.15 acres (6,738.73 sqft)
Year Built 1940
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Willbert Add
County Travis
Zip Code 78751
$/sqft $448/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $18,984.46
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT243507036
List Date October 16, 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.

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
1016 E 43rd St
Country Club Terrace
$1,275,000 $537 4 bd / 3 ba 2,376 sqft , 2026-07-20
3907 Becker Ave
Country Club Heights
$1,050,000 $402 4 bd / 3 ba 2,614 sqft , 2026-09-04
2811 E 22nd St
Austin Heights
$1,349,000 $493 4 bd / 4 ba 2,738 sqft , 2026-10-21
3200 Harris Park Ave
Carrolls L W
$1,350,000 $699 4 bd / 2 ba 1,930 sqft , 2026-06-29
4418 Red River St #1
Ridgetop Annex
$1,425,000 $756 4 bd / 4 ba 1,884 sqft , 2026-02-26

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
$5,702/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
$237,600
20% conventional investment loan

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

Estimated Gross Rent+$5,702
Principal + Interest−$6,483
Property Tax (~2.1% TX avg)−$2,079
Insurance (~0.5%)−$495
Est. Monthly Cash Flow $-3,355

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 October 19, 2026.

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