Active Listing  ·  131 days on market

4008 Valley View Rd #A

Austin, TX 78704
$650,000
3 Bed 3 Bath 1,604 sqft $405/sqft Built 2014 0.12 acres 1-Car Garage Pool Valley View Enclave Condominiu

Welcome to this charming South Austin townhome – Discover urban luxury in this beautifully upgraded townhouse. Ideally located in the vibrant 78704 zip code, you're a short stroll from Radio Coffee, Central Market, Wheatsville Co-Op, and dozens of South 1st / South Lamar's popular shops, restaurants, and nightlife venues. The gourmet kitchen features stainless appliances, a spacious island, and hardwood floors flowing through the open-concept living area. The serene backyard, complete with astroturf, provides a private, low-maintenance outdoor oasis. Plantation shutters, in-unit laundry, and a detached garage elevate the everyday experience. Each bedroom has its own full bath—a perfect fit for families or professionals. Commuting to downtown, UT, or major thoroughfares is quick and convenient. Whether you're seeking a serene retreat or dynamic urban living, this home offers the best of both worlds.

At $405/sqft, this home is priced 3% 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

4008 Valley View Rd #A, Austin, TX 78704

Property Details

Price $650,000
Status Active Listing
Beds 3
Full Baths 3
Half Baths ,
Living Area 1,604 sqft
Lot Size 0.12 acres (5,344.81 sqft)
Year Built 2014
Garage 1 spaces
Stories ,
Type Residential · Condominium
Subdivision Valley View Enclave Condominiu
County Travis
Zip Code 78704
$/sqft $405/sqft
Days on Market ,
HOA $130/Monthly
Annual Tax Est. $11,395
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT226090825
List Date April 15, 2026
Elementary School Joslin
Middle School Covington
High School Crockett
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
4904 Enchanted Ln
Park Forest Sec 2
$649,946 $464 3 bd / 2 ba 1,400 sqft , 2026-04-24
3208 Clawson Rd #4B
Cartwright Lots
$642,000 $384 2 bd / 3 ba 1,670 sqft , 2026-08-01
2013 Southern Oaks Dr
Fairmont Park Sec 1
$639,900 $421 3 bd / 2 ba 1,520 sqft , 2026-07-24
4501 Pack Saddle Pass
Western Trails Sec 02
$665,000 $368 4 bd / 3 ba 1,805 sqft , 2026-05-01
3700 Clawson Rd #501
Clawson Rdg Condos Bldg 5
$669,000 $367 3 bd / 4 ba 1,821 sqft , 2026-03-27

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
$3,120/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
$130,000
20% conventional investment loan

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

Estimated Gross Rent+$3,120
Principal + Interest−$3,547
Property Tax (~2.1% TX avg)−$1,138
Insurance (~0.5%)−$271
Est. Monthly Cash Flow $-1,836

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

More Luxury Homes in Austin

Loading…
View All Luxury Homes →
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 April 19, 2026.

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