Active Listing  ·  74 days on market

404 Aria Dr

Austin, TX 78738
$1,299,999
5 Bed 5 Bath 5,069 sqft $256/sqft Built 2005 0.50 acres 4-Car Garage Pool Ridge At Alta Vista

This luxurious mansion sits on a 1/2 acre it has 5 bedrooms 4 1/2 baths and a 4 car garage. The foyer has a stunning dual winding staircase. This open floor plan has a 2 story dining room leading to an elegant living room with lots of natural sun light. The gourmet kitchen has an island, lots of counter and cabinets. 5 burner gas range cook top and walk in pantry. Extended family room with a fire place perfect for entertaining. The spacious office could be a 6th bedroom. The bedroom downstairs is perfect for a mother in law suite, Nanny room or simply a divine private suite. The extended primary suite has a sitting area with a relaxing fireplace. Primary bathroom has a Jacuzzi tub, separate his and her vanities along with his and her closets. This gated community has hill country, canyon and green belt views. The community center has a weight room and sauna. community includes a kid and adult pool, tennis court, basketball ball court, playground. and acclaimed schools. Nearby golf course, parks, hospital, dog parks and mall.

At $256/sqft, this home is 35% 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

404 Aria Dr, Austin, TX 78738

Property Details

Price $1,299,999
Status Active Listing
Beds 5
Full Baths 4
Half Baths 1
Living Area 5,069 sqft
Lot Size 0.50 acres (21,701.59 sqft)
Year Built 2005
Garage 4 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Ridge At Alta Vista
County Travis
Zip Code 78738
$/sqft $256/sqft
Days on Market ,
HOA $150/Monthly
Annual Tax Est. $19,639.03
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT231117348
List Date May 22, 2026
Elementary School Lake Travis
Middle School Hudson Bend
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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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
244 Bird Bath Bnd
Parten
$1,299,900 $305 5 bd / 5 ba 4,263 sqft , 2026-08-02
15086 Barrie Dr
Cardinal Hills Unit 5 Amd
$1,299,000 $368 4 bd / 4 ba 3,528 sqft , 2026-03-27
12308 Carlsbad Dr
Lake Pointe
$1,299,000 $342 5 bd / 5 ba 3,795 sqft , 2026-05-15
8204 Texas Plume Rd
Yaupon Terrace Sec 02
$1,299,000 $289 6 bd / 4 ba 4,490 sqft , 2026-07-31
10102 Grand Teton Ct
Great Hills Sec 10
$1,295,000 $328 5 bd / 5 ba 3,954 sqft , 2026-05-25

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
$6,240/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
$260,000
20% conventional investment loan

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

Estimated Gross Rent+$6,240
Principal + Interest−$7,095
Property Tax (~2.1% TX avg)−$2,275
Insurance (~0.5%)−$542
Est. Monthly Cash Flow $-3,672

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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