Active Listing  ·  66 days on market

3974 Far West Blvd

Austin, TX 78731
$475,000
2 Bed 3 Bath 1,680 sqft $283/sqft Built 1969 0.06 acres 2-Car Garage Pool Chimney Oaks Townhouses

Nestled within the established Chimney Oaks Townhouses condominium community, this tastefully updated home offers a peaceful Northwest Hills lifestyle surrounded by towering native oak trees and mature landscaping. A private community gated courtyard welcomes you home, while the front entry overlooks one of the community’s quiet, tree-lined streets. Inside, an exceptionally spacious floor plan unfolds featuring two generous living areas, two dining areas, and two private bedroom suites. Recent improvements include fresh interior paint, quartz countertops, a brand-new oven, and updated kitchen hardware. Expansive windows frame the beauty of the surrounding scenery, while the wood-burning fireplace lends warmth and character to the heart of the home. The private rear patio provides a peaceful outdoor retreat and convenient access to the detached two-car garage. Residents appreciate beautifully maintained grounds, a recently refurbished community pool, and the mature landscape that has long distinguished the Northwest Hills area as one of Austin’s most desirable places to live. Within walking distance of restaurants, shopping, and everyday services, and with access to highly regarded schools, this home offers an exceptional opportunity to experience the comfort, character, and timeless appeal of Northwest Hills living.

At $283/sqft, this home is 28% below the Austin active market average of $392/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

3974 Far West Blvd, Austin, TX 78731

Property Details

Price $475,000
Status Active Listing
Beds 2
Full Baths 2
Half Baths 1
Living Area 1,680 sqft
Lot Size 0.06 acres (2,779.13 sqft)
Year Built 1969
Garage 2 spaces
Stories ,
Type Residential · Townhouse
Subdivision Chimney Oaks Townhouses
County Travis
Zip Code 78731
$/sqft $283/sqft
Days on Market ,
HOA $550/Monthly
Annual Tax Est. $7,242.45
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT241923709
List Date August 3, 2026
Elementary School Doss (Austin ISD)
Middle School Murchison
High School Anderson
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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Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · August 3, 2026 $475,000
Previous ask $489,000
Current ask $475,000
▲ Increased , (+0.0%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

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
3966 Far West Blvd
Chimney Oaks Twnhs
$495,000 $295 2 bd / 3 ba 1,680 sqft , 2026-06-19
7903 TEALWOOD Trl
TRAILS PHS 1B THE
$450,000 $306 2 bd / 2 ba 1,471 sqft , 2026-10-01
7924 Ridgeline N None N
Trails Ph 01B
$500,000 $265 3 bd / 2 ba 1,887 sqft , 2026-08-19
8000 Forest Mesa Dr #B
Morningwood Condo Amd
$525,000 $404 2 bd / 2 ba 1,298 sqft , 2026-09-20
4323 Spicewood Springs Rd #10
Live Oak
$535,000 $322 2 bd / 3 ba 1,661 sqft , 2026-10-02

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
$2,280/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
$95,000
20% conventional investment loan

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

Estimated Gross Rent+$2,280
Principal + Interest−$2,592
Property Tax (~2.1% TX avg)−$831
Insurance (~0.5%)−$198
Est. Monthly Cash Flow $-1,341

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 6, 2026.

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