Active Listing  ·  81 days on market

4304 Shoalwood Ave

Austin, TX 78756
$1,985,000
3 Bed 4 Bath 2,604 sqft $762/sqft Built 2024 0.15 acres 2-Car Garage Pool New Construction Rosedale E

Tucked into the heart of Rosedale, this brand-new Mediterranean-inspired home perfectly balances the energy of Central Austin with the comfort of a quiet neighborhood. The home has all the luxury touches you're looking for—arched windows, curated finishes, luxury appliances, and beautifully landscaped outdoor spaces—but what truly sets it apart is the way it makes you feel. Whether you're hosting friends in one of the two inviting living spaces, watching the sunset from the upstairs lounge, or simply relaxing on the front porch, this is a home that invites you to slow down, settle in, and stay awhile. Take your time as you explore. We think you'll feel it, too. You'll want to see this one. And there’s another reason to take a closer look: with a full-price contract and use of our preferred lender, the builder/seller will provide a 2-1 interest rate buydown—giving you a lower interest rate for the first two years of your loan. When you're ready, give us a call. A quick close is possible.

At $762/sqft, this home is priced 94% above the Austin active market average of $392/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

4304 Shoalwood Ave, Austin, TX 78756

Property Details

Price $1,985,000
Status Active Listing
Beds 3
Full Baths 3
Half Baths 1
Living Area 2,604 sqft
Lot Size 0.15 acres (6,581.92 sqft)
Year Built 2024
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Rosedale E
County Travis
Zip Code 78756
$/sqft $762/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $19,647.88
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT238451836
List Date July 3, 2026
Elementary School Bryker Woods
Middle School O Henry
High School Austin
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 · July 3, 2026 $1,995,000
Previous ask $1,990,000
Current ask $1,985,000
Reduced $10,000 (-0.5%) 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
4504 Chiappero Trl
Shoal Village
$2,200,000 $749 4 bd / 4 ba 2,938 sqft , 2026-05-21
3302 Big Bend Dr
Highland Park West
$2,233,700 $687 4 bd / 4 ba 3,251 sqft , 2026-07-21
3007 Village Dr
Highland Village Sec 02 Pt 02
$1,720,000 $644 4 bd / 4 ba 2,671 sqft , 2026-07-06
5408 Montview St
Shoalmont Add Resub
$2,265,000 $650 4 bd / 5 ba 3,486 sqft , 2026-09-17
3907 Bailey Ln
Dunn
$1,645,000 $603 4 bd / 4 ba 2,727 sqft , 2026-05-14

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
$9,528/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
$397,000
20% conventional investment loan

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

Estimated Gross Rent+$9,528
Principal + Interest−$10,833
Property Tax (~2.1% TX avg)−$3,474
Insurance (~0.5%)−$827
Est. Monthly Cash Flow $-5,606

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 →

Neighborhood Context

About Rosedale

Rosedale is the neighborhood that longtime Austin residents point to when they describe what Austin used to feel like everywhere - quiet streets, mature live oaks that form a canopy over the road, neighbors who know each other, and a pace of life that hasn't been disrupted by the city's explosive growth. It sits north of 38th Street between Lamar Boulevard and Shoal Creek, one of the most central locations in Austin.

The housing stock is predominantly mid-century - 1940s and 1950s ranch homes and craftsman bungalows that were built when Austin was still a small city. Many have been thoughtfully updated while preserving the character that makes Rosedale distinctive. Unlike some Austin neighborhoods that have been transformed by teardown development, Rosedale has retained enough of its original homes to maintain a coherent neighborhood identity.

🌳
Mature Tree Canopy

Rosedale has some of Central Austin's most impressive live oak coverage. The trees were planted with the neighborhood and have had 70+ years to establish - you can't buy this in a newer development.

🏡
Mid-Century Character

A high concentration of intact 1940s to 50s ranch homes and craftsman bungalows. Buyers seeking authentic neighborhood character over generic new construction find Rosedale genuinely hard to leave.

🎓
Brentwood Elementary

One of AISD's most coveted elementary school assignments. Families specifically target Rosedale to access Brentwood - which keeps year-round demand high and resale values strong.

📍
Lamar Corridor Access

North Lamar runs along the neighborhood's western edge, connecting residents to Epoch Coffee, Foreign & Domestic, Central Market North Lamar, and dozens of other Austin staples without a significant drive.

Full Rosedale Guide →

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 September 3, 2026.

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