Active Listing  ·  158 days on market

438 Pear Tree Ln

Austin, TX 78737
$990,000
4 Bed 4 Bath 3,994 sqft $248/sqft Built 2021 0.23 acres 3-Car Garage Pool PARTEN: Oakridge Park

Refined design and elevated craftsmanship define this exceptional residence in Parten Ranch, where thoughtful upgrades create a sophisticated, luxury living experience. The main living area is anchored by a dramatic floor-to-ceiling custom-tiled fireplace, highlighted by a custom walnut mantel and white oak shelving. Cantilevered custom cabinetry with quartz countertops on either side of the fireplace adds architectural distinction and functional elegance. Designer window treatments are featured throughout the home, including room-darkening, top-down/bottom-up, and insulating blinds, with motorized blinds in the living room and primary bathroom. Most lighting is enhanced with dimmers and complemented by upgraded lighting fixtures and designer ceiling fans throughout. The media room is designed for an immersive experience, featuring built-in surround sound, projector pre-wiring, and enhanced sound insulation. An upgraded whole-house insulation package further elevates comfort, efficiency, and privacy. The chef’s kitchen showcases upgraded Vicostone quartz countertops, premium GE Monogram appliances—including a microwave/convection oven and an additional convection/self-cleaning oven—and extensive upgraded pull-out cabinetry. Brass fixtures and cabinet hardware add warmth and refinement, while Multipure water filtration enhances everyday living.The primary suite offers extensive custom “his and hers” closet detailing, creating a boutique-style wardrobe experience. Additional upgrades include upgraded carpet and wood flooring, upgraded shower slide bars, a tankless on-demand water heater, keyless front-door entry, and upgraded interior door hardware throughout. Entertaining is effortless with a well-appointed butler’s pantry featuring quartz countertops, custom cabinetry, and a wine refrigerator. Outdoors, a private tiled patio provides a serene setting for relaxing or hosting guests.

At $248/sqft, this home is 37% 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

438 Pear Tree Ln, Austin, TX 78737

Property Details

Price $990,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths 1
Living Area 3,994 sqft
Lot Size 0.23 acres (9,975.24 sqft)
Year Built 2021
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision PARTEN: Oakridge Park
County Hays
Zip Code 78737
$/sqft $248/sqft
Days on Market ,
HOA $225/Quarterly
Annual Tax Est. $20,565.88
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT220680683
List Date February 27, 2026
Elementary School Cypress Springs
Middle School Sycamore Springs
High School Dripping Springs
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
8004 Bottlebrush Dr
Jester Point 02 Sec 06-B
$990,000 $292 4 bd / 4 ba 3,394 sqft , 2026-06-25
10521 Roy Butler Dr
Avery Ranch Brookside Ph 01
$985,000 $221 5 bd / 4 ba 4,451 sqft , 2026-07-03
9720 Anchusa Trl
The Oaks at Hill Country Estates
$995,000 $325 4 bd / 4 ba 3,064 sqft , 2026-03-12
6214 River Place Blvd
River Place Sec 25 Amd Of Lts
$995,000 $266 4 bd / 3 ba 3,736 sqft , 2026-05-26
6008 Tributary Ridge Ct
Sierra Arbor Estates
$995,000 $259 4 bd / 4 ba 3,845 sqft , 2026-06-25

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
$4,752/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
$198,000
20% conventional investment loan

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

Estimated Gross Rent+$4,752
Principal + Interest−$5,403
Property Tax (~2.1% TX avg)−$1,733
Insurance (~0.5%)−$413
Est. Monthly Cash Flow $-2,797

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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