Active Listing  ·  26 days on market

4323 Spicewood Springs Rd #3

Austin, TX 78759
$850,000
4 Bed 3 Bath 2,874 sqft $296/sqft Built 2019 0.13 acres 2-Car Garage Pool Live Oak

Discover an exceptional blend of modern luxury, generous living space, and convenience in the heart of Austin’s highly desirable Northwest Hills neighborhood. Built in 2019, this beautifully designed 2,874 sq ft condominium offers four bedrooms, two-and-a-half bathrooms, a private backyard, and two living areas.

Soaring ceilings, wide-plank wood floors, and expansive windows create an inviting, sunlit atmosphere. The thoughtfully designed open floor plan provides the perfect setting for both everyday living and entertaining. At the heart of the home, the beautifully appointed kitchen features a quartzite island, abundant counter space, a gas range, and under-cabinet lighting. A covered patio overlooks the backyard- a relaxing setting for morning coffee and convenient for hosting on summer evenings.

The main-level primary suite, a comfortable retreat, is complete with an elegant en-suite bathroom and spacious walk-in closet. Upstairs, three additional bedrooms and a versatile secondary living area provide ample space for guests, a home office, or a media room, offering flexibility to accommodate a variety of lifestyles.

Situated in an established neighborhood where newer construction is a rarity, you’ll find convenient access to shopping, dining, and outdoor recreation. Randall’s, Azul Tequila, Another Broken Egg Cafe, and The Arboretum are a few of Austin’s favorites, and all nearby. Meanwhile, the scenic trails of Bull Creek provide an opportunity to enjoy Austin’s natural beauty close to home. This property is zoned to Doss Elementary, Murchison Middle School, and Anderson High School.

With an outstanding combination of spacious, elegant interiors and an exceptional location, this residence presents the rare opportunity to enjoy sophisticated condominium living without compromising on space, comfort, or convenience.

At $296/sqft, this home is 24% below the Austin active market average of $390/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

4323 Spicewood Springs Rd #3, Austin, TX 78759

Property Details

Price $850,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths 1
Living Area 2,874 sqft
Lot Size 0.13 acres (5,458.07 sqft)
Year Built 2019
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Live Oak
County Travis
Zip Code 78759
$/sqft $296/sqft
Days on Market ,
HOA $565/Monthly
Annual Tax Est. $18,204.97
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT250160828
List Date October 17, 2026
Elementary School Doss (Austin ISD)
Middle School Murchison
High School Anderson
School District Austin ISD

Austin ISD

Doss (Austin ISD) · Murchison · Anderson

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
8616 Willowick Dr
Westover Hills Sec 01
$830,000 $316 4 bd / 2 ba 2,624 sqft , 2026-05-02
8400 Alta Verde Dr
Alta Vista Resub
$635,000 $331 3 bd / 3 ba 1,916 sqft , 2026-10-21
3837 Steck Ave
Hillcrest Mesa Twnhs
$625,000 $285 3 bd / 3 ba 2,191 sqft , 2026-08-24
7305 Waterline Rd
Northwest Hills Mesa Oaks Ph
$1,095,000 $427 4 bd / 3 ba 2,565 sqft , 2026-11-05
8131 Forest Mesa Dr
Forest Bend Twnhs
$599,000 $279 3 bd / 3 ba 2,150 sqft , 2026-09-06

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
$4,080/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
$170,000
20% conventional investment loan

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

Estimated Gross Rent+$4,080
Principal + Interest−$4,639
Property Tax (assumed ~2.1%)−$1,488
Insurance (assumed ~0.5%)−$354
Est. Monthly Cash Flow $-2,401

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 · 41 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. The written content was last updated on October 18, 2026.

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

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