Active Listing  ·  509 days on market

4229 Johns Light Dr

Austin, TX 78727
$425,000
3 Bed 3 Bath 2,660 sqft $160/sqft Built 2004 0.17 acres 2-Car Garage Pool Ashton Woods Condo

1.4% tax rate! Next to no maintenance home offers a spacious open layout designed for comfortable living. The HOA covers all exterior maintenance, including front and back yard. It functions as either a 3 bed, 3 bath+ flex room, or a 4 bed, 3 bath. The living room is a welcoming space with high ceilings, featuring a fireplace and crown molding. The kitchen is a chef's dream, featuring a large kitchen island that provides ample space for seating and food prep. The primary bedroom is designed as a private sanctuary, featuring crown molding that adds a refined touch and an ensuite bathroom that offers convenience and privacy. The bathroom offers a double vanity, a tiled walk-in shower that offers a spa-like experience, and a jetted tub that provides a luxurious escape. There are also two well appointed rooms upstairs, both with walk in closets, as well as a full bath. This home offers a range of features designed to enhance your lifestyle, including a patio that offers a space for outdoor enjoyment, a fenced backyard that provides privacy, and several walk-in closets that offers ample storage. With two garage spaces, parking is never a concern. The open floor plan enhances the sense of space and light throughout the home. Conveniently located for easy access to major highways and employers. Feeds to well rated elementary, middle and high school.

At $160/sqft, this home is 59% 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

4229 Johns Light Dr, Austin, TX 78727

Property Details

Price $425,000
Status Active Listing
Beds 3
Full Baths 3
Half Baths ,
Living Area 2,660 sqft
Lot Size 0.17 acres (7,448.76 sqft)
Year Built 2004
Garage 2 spaces
Stories ,
Type Residential · Condominium
Subdivision Ashton Woods Condo
County Travis
Zip Code 78727
$/sqft $160/sqft
Days on Market ,
HOA $430/Monthly
Annual Tax Est. $8,021.46
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT191850930
List Date March 13, 2025
Elementary School Wells Branch
Middle School Deerpark
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
2918 Ranch Road 620 None #297
Villas On Travis Condo Amd
$425,000 $210 4 bd / 4 ba 2,024 sqft , 2026-04-06
8709 Slater Dr
Goodnight Ranch Ph 1 Sec 2
$425,000 $168 3 bd / 3 ba 2,524 sqft , 2026-03-26
7107 Mowbray St #44
Eastwood At Riverside
$425,000 $209 3 bd / 3 ba 2,035 sqft , 2026-04-17
15331 Origins Ln
Vistas At Lakeway Condo
$425,000 $192 3 bd / 3 ba 2,212 sqft , 2026-04-17
7601 Windrush Dr
Milwood
$425,000 $244 3 bd / 3 ba 1,744 sqft , 2026-05-22

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
$2,040/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
$85,000
20% conventional investment loan

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

Estimated Gross Rent+$2,040
Principal + Interest−$2,319
Property Tax (~2.1% TX avg)−$744
Insurance (~0.5%)−$177
Est. Monthly Cash Flow $-1,200

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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