Active Listing  ·  101 days on market

3915 Tilley St

Austin, TX 78723
$887,500
3 Bed 3 Bath 2,241 sqft $396/sqft Built 2021 0.04 acres 2-Car Garage Pool Mueller

Spacious, Corner Lot Townhome Offering Low-Maintenance Mueller Lifestyle

Beautifully maintained home, situated on a corner lot and in a prime Mueller location, just steps from John Gaines Park & Pool. The open-concept layout features a spacious kitchen with an oversized island, quartz countertops, ceiling-height cabinetry, and seamless flow into the living and dining areas. The corner lot allows for loads of natural light, and the larger square footage provides flexibility to create a dedicated private office, if desired (see imagery for potential configuration).

Upstairs, the impressive primary suite features vaulted ceilings, an enormous walk-in closet, a private balcony, and a well-appointed bath. The secondary bedrooms are well-sized, also offering an impressive amount of closet space, and the additional living area allows everyone to spread out in comfort.

Additional features include: custom top-down/bottom-up window treatments that provide both privacy and flexibility, a storage room accessible via the garage, ceiling-mounted storage racks, a low-maintenance turf side yard with enough space to grill your evening meal, and to let Fido out while still wearing your pajamas!

Ideally located between John Gaines & Taniguchi Parks, and just a few minutes walk to the new middle school, and Morris Williams Golf Course – the perfect spot to catch a sunset, Fairways Cantina margarita in hand, overlooking the course with the downtown skyline in the distance.

At $396/sqft, this home is priced in line with the Austin market average of $391/sqft across 4,645 active listings. View Austin market report →

Location

3915 Tilley St, Austin, TX 78723

Property Details

Price $887,500
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 2,241 sqft
Lot Size 0.04 acres (1,742.4 sqft)
Year Built 2021
Garage 2 spaces
Stories ,
Type Residential · Townhouse
Subdivision Mueller
County Travis
Zip Code 78723
$/sqft $396/sqft
Days on Market ,
HOA $350/Monthly
Annual Tax Est. $15,204.54
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT227608817
List Date April 25, 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
16312 Lake Loop
Buffalo Gap
$889,000 $335 3 bd / 3 ba 2,650 sqft , 2025-08-27
2006 De Verne St
Rabb Inwood Hills
$890,000 $533 3 bd / 2 ba 1,669 sqft , 2023-10-13
308 Cedar Hurst Ln
Round Mountain
$890,000 $451 3 bd / 3 ba 1,974 sqft , 2025-10-28
1610 Harvey St #A
Division B
$890,000 $456 3 bd / 3 ba 1,951 sqft , 2026-07-03
2316 Bahama Rd
Austin Lake Estates Sec 02
$890,000 $438 4 bd / 3 ba 2,034 sqft , 2026-05-06

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
$4,260/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
$177,500
20% conventional investment loan

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

Estimated Gross Rent+$4,260
Principal + Interest−$4,843
Property Tax (~2.1% TX avg)−$1,553
Insurance (~0.5%)−$370
Est. Monthly Cash Flow $-2,506

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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