Active Listing  ·  109 days on market

4009 Alexandria Dr

Austin, TX 78749
$370,000
3 Bed 2 Bath 1,581 sqft $234/sqft Built 1984 0.14 acres 2-Car Garage Pool Maple Run Sec 04-A

BRAND NEW ROOF! Tucked into a vibrant, nature-filled pocket of the city, this well-maintained home blends thoughtful improvements, energy efficiency, and everyday comfort with a truly special outdoor setting. Since 2019, the owners have completed extensive updates including house-wide electrical improvements (with USB and tamper-resistant outlets), restored HVAC registers, annual HVAC servicing, new blinds and carpet, added insulation and subflooring in the flex space, a new garage door mechanism with keypad, new gutters, fencing, and Google Fiber access for seamless connectivity. Both bathrooms feature matching porcelain and brushed nickel Kohler fixtures, while the primary shower has been beautifully renovated with tile, dual showerheads, a niche, and sliding glass door. The living room offers soaring ceilings and a wood-burning fireplace (with gas service available) alongside regular chimney maintenance. The kitchen is functional and inviting with expanded cabinetry, refreshed paint, and accessible gas connections, while thoughtful additions like under-stair storage, a lofted second floor, and a full two-car garage make the home both practical and flexible. Energy-efficient features including solar panels, tight double-hung windows replaced in 2019, and a strong-performing HVAC system help keep utility costs low year-round. Outdoors, a majestic live oak estimated to be over 100 years old anchors a private backyard retreat where fireflies glow in spring, stars shine brightly at night, and native landscaping creates a peaceful habitat for birds, butterflies, and even screech owls. Located near parks, trail systems, and just a short walk to both Goat Cave Karst Preserve and Whirlpool Cave, plus easy access to the Violet Crown Trail leading to destinations like Lady Bird Johnson Wildflower Center and Barton Springs Pool, this home offers a rare combination of community, convenience, and natural beauty. A light-filled space with character, privacy, and room to grow.

At $234/sqft, this home is 40% 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

4009 Alexandria Dr, Austin, TX 78749

Property Details

Price $370,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,581 sqft
Lot Size 0.14 acres (6,185.52 sqft)
Year Built 1984
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Maple Run Sec 04-A
County Travis
Zip Code 78749
$/sqft $234/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $7,942.22
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT229366617
List Date May 8, 2026
Elementary School Boone
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.

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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 · May 8, 2026 $425,000
Previous ask $399,900
Current ask $370,000
Reduced $55,000 (-12.9%) 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
8401 Siskin Cv
Cherry Creek Ph 08 Sec 06
$382,500 $292 3 bd / 2 ba 1,311 sqft , 2026-07-22
3312 Galesburg Dr
Southampton Sec 02
$395,000 $258 3 bd / 2 ba 1,529 sqft , 2026-06-24
3411 Thomas Kincheon St
Oak Plantations
$399,999 $384 3 bd / 1 ba 1,042 sqft , 2026-05-07
9201 Brodie Ln #403
Brodie Heights Condo Amd
$340,000 $202 3 bd / 3 ba 1,687 sqft , 2026-06-26
3022 Sea Jay Dr
Enclave At Westgate
$405,000 $236 3 bd / 3 ba 1,714 sqft , 2026-04-24

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
$1,776/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
$74,000
20% conventional investment loan

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

Estimated Gross Rent+$1,776
Principal + Interest−$2,019
Property Tax (~2.1% TX avg)−$648
Insurance (~0.5%)−$154
Est. Monthly Cash Flow $-1,045

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 August 21, 2026.

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