Active Listing  ·  66 days on market

4020 Vail Dv

Austin, TX 78738
$949,000
5 Bed 3 Bath 3,231 sqft $294/sqft Built 2010 0.28 acres 3-Car Garage Pool Falconhead West Ph 01 Sec 01

Discover unparalleled single-story living in this Taylor Morrison masterpiece, perfectly situated on a coveted corner cul-de-sac lot in Falconhead West. This exquisite residence offers a harmonious blend of luxury and comfort across 3,231 square feet, featuring five spacious bedrooms and three well-appointed bathrooms. Hardwood floors flow gracefully throughout the main living areas, complemented by soaring ceilings that enhance the home’s expansive feel. The gourmet kitchen is a chef's dream, boasting a gas cooktop, double ovens, and a large center island, all framed by elegant granite countertops and dark wood cabinetry. Entertain with ease in the family room, complete with a cozy gas fireplace, or step outside to the covered stone patio where another gas fireplace creates an inviting ambiance for outdoor gatherings. The primary suite provides a serene retreat, offering a dedicated sitting area for relaxation. The exterior showcases a well-maintained stucco and stone facade with a durable tile roof, surrounded by neatly manicured landscaping and a private fenced yard, ideal for enjoyment and relaxation. Additional features include a three-car garage and remarkably low annual taxes of approximately $7,600. Located within the highly-regarded LTISD, this home truly checks every box for sophisticated living in Austin, TX.

At $294/sqft, this home is 25% below the Austin active market average of $391/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

4020 Vail Dv, Austin, TX 78738

Property Details

Price $949,000
Status Active Listing
Beds 5
Full Baths 3
Half Baths ,
Living Area 3,231 sqft
Lot Size 0.28 acres (12,087.9 sqft)
Year Built 2010
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Falconhead West Ph 01 Sec 01
County Travis
Zip Code 78738
$/sqft $294/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $7,617
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT232029185
List Date May 30, 2026
Elementary School Bee Cave
Middle School Bee Cave Middle School
High School Lake Travis
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 30, 2026 $970,000
Current ask $949,000
Reduced $21,000 (-2.2%) 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
1206 Maple Ave #A/B
Glenwood Add
$949,000 $429 5 bd / 5 ba 2,212 sqft , 2026-07-08
8012 Gault St
Sunset View Sec 01
$949,000 $314 6 bd / 3 ba 3,026 sqft , 2026-07-09
9500 Corbe Dr
Canyon Creek Sec 29
$948,800 $260 5 bd / 4 ba 3,649 sqft , 2026-07-29
11617 Leapwood Pl
Q Ranch
$949,500 $296 4 bd / 4 ba 3,205 sqft , 2026-06-18
156 Noahs Ct
Belterra Sec 17
$949,800 $285 4 bd / 4 ba 3,337 sqft , 2026-03-10

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
$4,555/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
$189,800
20% conventional investment loan

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

Estimated Gross Rent+$4,555
Principal + Interest−$5,179
Property Tax (~2.1% TX avg)−$1,661
Insurance (~0.5%)−$395
Est. Monthly Cash Flow $-2,680

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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