Active Listing  ·  34 days on market

4036 Tranquil Ln

Austin, TX 78728
$419,900
3 Bed 3 Bath 2,020 sqft $208/sqft Built 2012 0.19 acres 2-Car Garage Pool Raceway Single Family Sub

Investor Alert! Great investment property in North Austin Round Rock Area. Cash Flowing long term tenant occupied. Pictures are from before current tenant occupancy. Discover a harmonious blend of style and comfort in this captivating Austin residence, ideally situated on Tranquil Lane. This inviting home, spanning 2,020 square feet, offers three well-appointed bedrooms and two full bathrooms across two stories, presenting an exceptional living experience. The exterior showcases a striking facade with varied textures, blending brick and stone, creating impressive curb appeal. A spacious, verdant yard with mature trees, fully fenced for privacy, awaits outdoor enjoyment, complemented by a generous covered patio perfect for relaxation and entertaining. Inside, the heart of the home is a well-appointed kitchen featuring rich cabinetry, granite countertops, and dark wood flooring throughout. This culinary space boasts a kitchen island, recessed lighting, a dishwasher, an electric range, and a microwave. The open-concept layout seamlessly connects the kitchen to the living area, which is illuminated by abundant natural light and features rich hardwood floors and ceiling fans for optimal comfort. Plush carpeting enhances the bedrooms, each offering a peaceful retreat, some complete with ceiling fans and views of the backyard. The bathrooms are thoughtfully designed, with one featuring dual vanity sinks, a walk-in shower, and tile flooring, while another offers a shower-tub combination. A functional laundry space with essential utility hookups adds to the home's practicality. This residence provides a serene environment while maintaining convenient access to Austin's vibrant amenities. Currently Tenant Occupied - no showings available before offer.

At $208/sqft, this home is 47% 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

4036 Tranquil Ln, Austin, TX 78728

Property Details

Price $419,900
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 2,020 sqft
Lot Size 0.19 acres (8,241.55 sqft)
Year Built 2012
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Raceway Single Family Sub
County Travis
Zip Code 78728
$/sqft $208/sqft
Days on Market ,
HOA $125/Quarterly
Annual Tax Est. $6,450
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT240458529
List Date July 19, 2026
Elementary School Wells Branch
Middle School Chisholm Trail
High School McNeil
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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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
3629 Ruby Red Dr
Willow Run Sec 10-A
$415,000 $206 3 bd / 3 ba 2,012 sqft , 2026-04-06
3424 Rooba St
Preston Park Sec 1
$415,000 $194 3 bd / 3 ba 2,143 sqft , 2026-07-25
3101 Lions Tail St
Preston Park Sec 1
$415,000 $221 3 bd / 3 ba 1,877 sqft , 2026-08-14
169 Kulmbacher Dr
Willow Trace
$429,900 $258 3 bd / 2 ba 1,664 sqft , 2026-08-14
15514 Cadoz Dr
Willow Run Sec 06
$435,000 $213 3 bd / 2 ba 2,046 sqft , 2026-03-21

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
$2,016/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
$83,980
20% conventional investment loan

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

Estimated Gross Rent+$2,016
Principal + Interest−$2,292
Property Tax (~2.1% TX avg)−$735
Insurance (~0.5%)−$175
Est. Monthly Cash Flow $-1,186

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 17, 2026.

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