Active Listing  ·  54 days on market

4216 Deepwoods Dr

Austin, TX 78731
$2,999,990
5 Bed 5 Bath 4,015 sqft $747/sqft Built 2026 0.22 acres 2-Car Garage Pool New Construction Northwest Hills Sec 07

REDUCED AND PRICED TO SELL!! You will not find new construction at this level with a pool in west Austin for under 750 a ft! best price in West Austin! This newly completed 4,015-square-foot luxury residence in Northwest Hills is move-in ready and thoughtfully designed for elevated living. The main level features an exceptionally private and expansive primary suite, offering a true retreat with generous proportions and refined finishes. A secondary bedroom on the main floor, complete with a full bath, provides ideal flexibility for guest accommodations or a sophisticated home office. Soaring 15-foot ceilings lined with dramatic walls of windows flood the home with extraordinary natural light, creating an open and airy atmosphere rarely found in residential construction. Premium materials define every space, including real marble and quartzite surfaces throughout. Rich wood flooring extends seamlessly across the entire home — no carpet anywhere — reinforcing the clean, modern aesthetic. The chef’s kitchen is equipped with professional-grade Thermador appliances, beautifully integrated with custom cabinet fronts for a sleek finish. Designed for both relaxation and entertaining, the outdoor living area includes a full outdoor kitchen, a sparkling swimming pool surrounded by turf for low maintenance, and an additional natural grass yard beyond — all set on an oversized lot. Inside, smooth stucco and level-five sheetrock walls provide a clean, texture-free finish that enhances the home’s modern elegance. Upstairs, you’ll find a spacious game room filled with natural light, along with a dedicated exercise room or optional second office. Large secondary bedrooms, designer lighting throughout, and meticulous attention to detail complete this exceptional home. Show your clients as soon as possible — this Northwest Hills showpiece will not last long.

At $747/sqft, this home is priced 90% above the Austin active market average of $393/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

4216 Deepwoods Dr, Austin, TX 78731

Property Details

Price $2,999,990
Status Active Listing
Beds 5
Full Baths 4
Half Baths 1
Living Area 4,015 sqft
Lot Size 0.22 acres (9,687.74 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Northwest Hills Sec 07
County Travis
Zip Code 78731
$/sqft $747/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $13,690.43
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT241755062
List Date July 30, 2026
Elementary School Doss (Austin ISD)
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 · July 30, 2026 $3,199,900
Previous ask $3,099,990
Current ask $2,999,990
Reduced $199,910 (-6.2%) 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
4005 Enclave Mesa Cir
Enclave At Mesa Sec 01
$2,999,000 $600 4 bd / 5 ba 4,996 sqft , 2026-09-21
3805 Rockledge Dr
T J Chambers 8 League Grant
$3,450,000 $793 6 bd / 6 ba 4,350 sqft , 2026-07-07
7321 Vista Mountain Dr
Vista Ridge Ph 04
$2,100,000 $549 4 bd / 4 ba 3,824 sqft , 2026-05-05
4101 Spicewood Springs Rd
Mesa Forest Add
$3,990,000 $831 4 bd / 5 ba 4,804 sqft , 2025-11-25

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
$14,400/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
$599,998
20% conventional investment loan

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

Estimated Gross Rent+$14,400
Principal + Interest−$16,372
Property Tax (~2.1% TX avg)−$5,250
Insurance (~0.5%)−$1,250
Est. Monthly Cash Flow $-8,472

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 September 19, 2026.

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