Active Listing  ·  20 days on market

4111 Everest Ln

Austin, TX 78727
$510,000
3 Bed 3 Bath 1,704 sqft $299/sqft Built 1980 0.19 acres 2-Car Garage Pool Milwood

Welcome to this beautifully maintained 3-bedroom, 2.5-bath home in Milwood, where classic 1980s character meets thoughtful updates and a floor plan designed for the way you live today. A unique layout sets this home apart, offering features rarely found in the neighborhood, including a spacious primary suite closet, convenient main-level half bath and an upstairs second living area that is perfect for a media room, office, playroom, or additional lounge space. The heart of the home has been thoughtfully refreshed with a 2025 kitchen remodel and updates, while remodeled bathrooms add a modern touch. Additional improvements include a recent water heater, attic duct replacement and added insulation (2022), HardiePlank siding, windows (2013), and a roof circa 2017. Out back, towering live oaks create a beautiful natural canopy over the expansive lush yard, offering a peaceful setting for morning coffee, weekend gatherings, pets, and play. Life in Milwood is about more than a great home, it’s about community. Enjoy neighborhood parks, a library, pool, clubs, and beloved traditions including the 4th of July parade and picnic, neighborhood-wide garage sales, artist showcases, food trucks, and live music. Outdoor adventure is close at hand, with Balcones Park offering a pool, playgrounds, sports courts, dog areas, picnic spaces, and a paved path connecting to the Walnut Creek trail system. You can even mountain bike from home to the park—no bike rack required. Conveniently located near the Apple campus, Domain and Q2 Stadium, with neighborhood favorites like Hideout Pub, Austin Grind, Thai Cuisine, Tomodachi Sushi, and Aviator Pizza nearby. Summit Elementary is also within the neighborhood and offers a highly regarded Vietnamese dual-language program. With its timeless charm, thoughtful updates, and unbeatable location, this is Milwood living at its best.

At $299/sqft, this home is 24% 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

4111 Everest Ln, Austin, TX 78727

Property Details

Price $510,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,704 sqft
Lot Size 0.19 acres (8,311.25 sqft)
Year Built 1980
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Milwood
County Travis
Zip Code 78727
$/sqft $299/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $9,606.41
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT119608838
List Date September 18, 2026
Elementary School Summitt
Middle School Murchison
High School Anderson
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 · September 18, 2026 $550,000
Current ask $510,000
▼ Reduced $40,000 (-7.3%) 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
4616 Everest Ln
Arrowwood Sec 02
$524,500 $360 3 bd / 2 ba 1,457 sqft , 2026-09-16
5003 Timber Wolf Cir
Angus Valley Annex Sec 02
$525,000 $340 4 bd / 2 ba 1,543 sqft , 2026-09-03
4817 Pelham Dr
Milwood Sec 09
$475,000 $280 3 bd / 2 ba 1,694 sqft , 2026-09-23
12217 Antoinette Pl
Milwood Sec 07
$550,000 $306 3 bd / 3 ba 1,796 sqft , 2026-10-06
3609 Oak Creek Dr
Northwood Sec 06
$550,000 $387 3 bd / 2 ba 1,420 sqft , 2026-10-07

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
$2,448/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
$102,000
20% conventional investment loan

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

Estimated Gross Rent+$2,448
Principal + Interest−$2,783
Property Tax (~2.1% TX avg)−$893
Insurance (~0.5%)−$213
Est. Monthly Cash Flow $-1,441

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 October 7, 2026.

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