About This Home

This property in South Austin checks every box! Built in 2018, this stylish single-story home offers 1,463 square feet of thoughtfully designed living space with 3 bedrooms, 2 full baths, soaring ceilings, an open floorplan, and a double-sided fireplace that anchors the main living area. A luxurious primary bathroom and generous closet space throughout add a polished, move-in-ready finish. Out back, a private fenced yard with a spacious covered patio gives you a true outdoor living area ready for summer entertaining. Two-car garage for all your toys, vehicles, and hobbies! Vacant and easy to show.

At $352/sqft, this home is 10% 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

4207 Alexandria Dr, Austin, TX 78749

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Property Details

Price $515,000

Status Active Listing

Beds 3

Full Baths 2

Half Baths ,

Living Area 1,463 sqft

Lot Size 0.15 acres (6,690.82 sqft)

Year Built 2018

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Maple Run

County Travis

Zip Code 78749

$/sqft $352/sqft

Days on Market ,

HOA None / verify with agent

Annual Tax Est. $10,791

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT216096068

List Date June 25, 2026

Elementary School Boone

Middle School Covington

High School Crockett

School District ,

Have Questions About This Property?

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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 25, 2026 $550,000

Previous ask $525,000

Current ask $515,000

▼ Reduced $35,000 (-6.4%) 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

3913 Leafield Dr
Woodstone Village Sec 04 $510,000 $337 3 bd / 2 ba 1,515 sqft , 2026-08-20

7901 Woodcroft Dr
Woodstone Village Sec 01 $525,000 $396 3 bd / 2 ba 1,326 sqft , 2026-07-31

7507 Bender Dr
Wheeler Creek Village $525,000 $387 3 bd / 2 ba 1,358 sqft , 2026-08-08

8406 Washita Dr
Maple Run Sec 05-A $499,000 $340 3 bd / 3 ba 1,468 sqft , 2026-06-03

8712 Coastal Dr
Maple Run Sec 08 $495,000 $272 3 bd / 3 ba 1,820 sqft , 2026-06-24

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

$2,472/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

$103,000

20% conventional investment loan

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

Estimated Gross Rent+$2,472

Principal + Interest−$2,811

Property Tax (~2.1% TX avg)−$901

Insurance (~0.5%)−$215

Est. Monthly Cash Flow $-1,455

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

About the Author

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 19, 2026.

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

4207 Alexandria Dr