Active Listing  ·  35 days on market

4302 Manzanillo Dr

Austin, TX 78749
$639,900
3 Bed 3 Bath 1,769 sqft $362/sqft Built 1984 0.14 acres 2-Car Garage Pool Maple Run Sec 03

Beautifully renovated with a warm modern farmhouse style, this South Austin home is packed with character and thoughtfully designed details throughout. The inviting living room features a vaulted, wood-accented ceiling with exposed beam, stone fireplace, built-ins, and abundant natural light. Wood trim, farmhouse-inspired fixtures, statement ceilings, and custom touches continue throughout the home. The updated kitchen features two-tone cabinetry, butcher-block countertops, subway tile backsplash, stainless appliances, and an adjoining breakfast area with built-in banquette seating and open shelving. A separate dining space provides additional room for entertaining. Upstairs, the spacious primary suite features wood accents and a beautifully updated bath with dual vessel sinks and a modern tiled shower. Secondary bedrooms and baths carry the same charming, cohesive style. Outside, enjoy a large turfed backyard designed for low-maintenance living, along with an expansive patio and multiple areas for dining, lounging, and entertaining beneath mature trees. Tucked into a nature-filled pocket of South Austin, the home is a short walk to Goat Cave Karst Preserve and Whirlpool Cave, with easy access to the Violet Crown Trail. Dick Nichols Park & Pool, Mary Moore Searight Metropolitan Park, Lady Bird Johnson Wildflower Center, Southpark Meadows, H-E-B, restaurants, gyms, coffee shops, entertainment, and major commuter routes are all nearby. A unique combination of style, outdoor living, nature, and South Austin convenience.

At $362/sqft, this home is 7% 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

4302 Manzanillo Dr, Austin, TX 78749

Property Details

Price $639,900
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,769 sqft
Lot Size 0.14 acres (6,233.44 sqft)
Year Built 1984
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Maple Run Sec 03
County Travis
Zip Code 78749
$/sqft $362/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $9,370
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT244739623
List Date September 3, 2026
Elementary School Boone
Middle School Covington
High School Crockett
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.

Schedule a Call →

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 3, 2026 $645,000
Current ask $639,900
▼ Reduced $5,100 (-0.8%) 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
5513 Kayview Dr
Village At Western Oaks Sec 17
$639,000 $314 4 bd / 2 ba 2,037 sqft , 2026-10-07
4304 Clarno Dr
Maple Run Sec 03
$645,000 $300 3 bd / 3 ba 2,149 sqft , 2026-07-02
5405 Amanda Ellis Ct
Village At Western Oaks
$645,000 $384 3 bd / 2 ba 1,681 sqft , 2026-08-14
5802 Abilene Trl
Village At Western Oaks 06
$650,000 $278 4 bd / 2 ba 2,339 sqft , 2026-10-01
8406 Los Ranchos Dr
Maple Run Sec 05-A
$629,000 $365 3 bd / 2 ba 1,725 sqft , 2026-08-06

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
$3,072/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
$127,980
20% conventional investment loan

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

Estimated Gross Rent+$3,072
Principal + Interest−$3,492
Property Tax (~2.1% TX avg)−$1,120
Insurance (~0.5%)−$267
Est. Monthly Cash Flow $-1,807

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

More Luxury Homes in Austin

Loading…
View All Luxury Homes →
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 4, 2026.

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