Active Listing  ·  46 days on market

4030 Shavano Dr

Austin, TX 78749
$729,000
4 Bed 3 Bath 2,794 sqft $261/sqft Built 1993 0.20 acres 2-Car Garage Pool Oak Creek Parke Sec 04

Discover timeless charm and modern comfort in this beautifully updated home, perfectly positioned on a spacious, tree-filled corner lot in one of Austin’s most desirable neighborhoods. From the moment you step through the front door, you’re welcomed by warm wood flooring, elegant crown molding, tall baseboards, and an abundance of natural light. The thoughtfully designed floor plan offers exceptional flexibility, featuring 4 bedrooms, a dedicated study on the main level, and a generous upstairs media room that can easily serve as a fifth bedroom. Multiple living and dining spaces are anchored by a stunning double-sided fireplace, creating an inviting atmosphere for both everyday living and entertaining. The upgraded kitchen is complete with double convection ovens, stylish finishes, and seamless flow into the main living areas. Relax in the beautifully updated primary bathroom, complete with a custom walk-in shower, freestanding tub, upgraded finishes, and a clean, modern design. Step outside to your own private backyard retreat—peaceful and perfect for relaxing or hosting gatherings. Enjoy the large, covered patio and mature landscaping that provide both beauty and privacy. Raised garden beds offer a charming and functional space for gardening enthusiasts—ideal for cultivating fresh herbs, vegetables, or colorful blooms. Ideally located within walking or biking distance to the community pool, playground, neighborhood trail access leading to Violet Crown Trail & Veloway, and Bowie High School, this home also offers convenient access to downtown Austin. Situated near highly sought-after schools and surrounded by a wonderful, welcoming neighborhood with HOA events and a book club, this property truly has it all.

At $261/sqft, this home is 33% 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

4030 Shavano Dr, Austin, TX 78749

Property Details

Price $729,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths 1
Living Area 2,794 sqft
Lot Size 0.20 acres (8,799.12 sqft)
Year Built 1993
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Oak Creek Parke Sec 04
County Travis
Zip Code 78749
$/sqft $261/sqft
Days on Market ,
HOA $62/Monthly
Annual Tax Est. $13,499.66
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT236698642
List Date June 19, 2026
Elementary School Kocurek
Middle School Bailey
High School Bowie
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 · June 19, 2026 $765,000
Previous ask $749,999
Current ask $729,000
Reduced $36,000 (-4.7%) 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
3200 Burks Ln
Steiner Ranch Ph 01 Sec 04B
$729,000 $280 4 bd / 3 ba 2,601 sqft , 2026-06-06
117 Medalist St
Lakeway Sec 17
$729,000 $363 3 bd / 3 ba 2,006 sqft , 2026-06-18
8815 Towana Trl
Covered Bridge
$729,000 $262 3 bd / 2 ba 2,785 sqft , 2026-07-31
7321 Annette Cv
Agave
$728,900 $267 4 bd / 4 ba 2,732 sqft , 2025-09-19
211 Honey Creek Ct #6
Honey Creek Condominiums
$729,900 $384 3 bd / 3 ba 1,903 sqft , 2026-06-29

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
$3,499/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
$145,800
20% conventional investment loan

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

Estimated Gross Rent+$3,499
Principal + Interest−$3,978
Property Tax (~2.1% TX avg)−$1,276
Insurance (~0.5%)−$304
Est. Monthly Cash Flow $-2,059

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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