Active Listing  ·  11 days on market

3921 Threadgill St

Austin, TX 78723
$799,900
3 Bed 3 Bath 1,776 sqft $450/sqft Built 2012 0.04 acres 2-Car Garage Pool Mueller

Designed by renowned Austin architect Michael Hsu, this Mueller townhome delivers an effortless urban lifestyle where morning walks lead straight to the neighborhood farmers market, local coffee spots, and acres of green space. Built with a bright, light-filled layout, this 2-bedroom, 2.5-bathroom, with an office that can easily convert into a third bedroom, residence offers an intuitive floor plan that comfortably adapts to your daily routine while keeping you grounded in one of Central Austin’s most connected communities. Step inside off the inviting front porch into a main level shaped for easy daily movement. Just past the entryway, a dedicated dining area rests to your left, while custom built-in shelving traces the open staircase to your right. Moving deeper into the main floor, the kitchen features quartz countertops, a generous center island with a built-in breakfast bar, contemporary wood cabinetry, tile backsplash, and stainless appliances. Toward the rear of the main level, the primary living space opens up with natural light and direct access through a sliding glass door to a low-maintenance, xeriscaped private back yard. An attached two-car garage sits right off the back, offering secure parking and easy storage. Upstairs, the hallway opens into an office space. The upper level also houses the primary suite, complete with high ceilings and a private Juliet balcony. The primary bathroom includes a spa-style walk-in shower with a soaking tub positioned inside the glass enclosure, a dual sink vanity, and a walk-in closet. Set right in the core of Mueller, this location puts you minutes from the Lake Park trails, the Thinkery, and the Aldrich Street dining and entertainment corridor. You’re situated just a short drive from Downtown Austin, with swift access to major highways like I-35 and US-183, making commutes across the city or quick trips to Austin-Bergstrom International Airport completely seamless.

At $450/sqft, this home is priced 15% above the Austin active market average of $392/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

3921 Threadgill St, Austin, TX 78723

Property Details

Price $799,900
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,776 sqft
Lot Size 0.04 acres (1,812.1 sqft)
Year Built 2012
Garage 2 spaces
Stories ,
Type Residential · Townhouse
Subdivision Mueller
County Travis
Zip Code 78723
$/sqft $450/sqft
Days on Market ,
HOA $350.5/Monthly
Annual Tax Est. $12,582.77
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT243190916
List Date August 13, 2026
Elementary School Maplewood
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
1208 Fairwood Rd
Delwood Sec 02
$799,000 $465 3 bd / 2 ba 1,719 sqft , 2026-06-11
4324 Airport Blvd #B
Delwood Sec 1
$797,000 $350 3 bd / 3 ba 2,277 sqft , 2026-07-20
2805 McCurdy St #5
Mueller
$789,000 $360 3 bd / 4 ba 2,189 sqft , 2026-08-19
4207 Margarita St
Mueller
$814,500 $419 3 bd / 3 ba 1,942 sqft , 2026-07-09
2103 Greenwood Ave #Building 1, Unit B
2103-1 Frio Eastside Living Co
$780,000 $394 3 bd / 3 ba 1,978 sqft , 2026-06-13

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
$3,840/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
$159,980
20% conventional investment loan

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

Estimated Gross Rent+$3,840
Principal + Interest−$4,365
Property Tax (~2.1% TX avg)−$1,400
Insurance (~0.5%)−$333
Est. Monthly Cash Flow $-2,258

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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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 August 23, 2026.

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