Active Listing  ·  13 days on market

4504 Small Dr

Austin, TX 78731
$2,795,000
4 Bed 4 Bath 3,783 sqft $739/sqft Built 2018 0.39 acres 2-Car Garage Pool Northwest Hills

Set beneath a canopy of trees, this single-story custom residence offers the perfect blend of sophisticated design, effortless indoor-outdoor living, and everyday comfort. Thoughtfully crafted with exceptional attention to detail, the home welcomes you with clean architecture, tall ceilings, and walls of glass showcasing the private backyard retreat.

An expansive kitchen featuring custom cabinetry, a substantial island with seating, and abundant storage— is perfect for entertaining or gathering with family. The open-concept living and dining spaces flow seamlessly to the outdoor covered veranda through oversized sliding glass doors, creating an incredible extension of the living area.

The private primary suite is a true sanctuary, offering generous proportions, serene backyard views, and a spa-inspired bathroom.

The opposite wing of the home provides three secondary bedrooms with their own gathering space - perfect for kid hang out, movie watching or an additional extension to the veranda and pool. The home office, overlooking the tree covered front lawn, is not to be missed.

Designed for entertaining, the backyard is a private oasis featuring a pool and spa, expansive patio spaces, lush landscaping, and a covered outdoor living area with multiple TVs—ideal for year-round gatherings, game days, or relaxing evenings under the stars.

This exceptional home seamlessly combines elegance with warm, inviting spaces, delivering a rare opportunity to enjoy thoughtful living in a peaceful, tree-filled setting. Every detail has been designed to create a home that is equally suited for everyday living and entertaining.

At $739/sqft, this home is priced 89% above the Austin active market average of $391/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

4504 Small Dr, Austin, TX 78731

Property Details

Price $2,795,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths 1
Living Area 3,783 sqft
Lot Size 0.39 acres (16,992.76 sqft)
Year Built 2018
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Northwest Hills
County Travis
Zip Code 78731
$/sqft $739/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $45,613
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT240571452
List Date July 22, 2026
Elementary School Highland Park
Middle School Lamar (Austin ISD)
High School McCallum
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 →

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
5819 Westslope Dr
Cat Mountain Villas Sec 03B
$2,799,000 $698 4 bd / 4 ba 4,012 sqft , 2026-07-13
501 West Ave #3403
5th and West Building
$2,800,000 $992 3 bd / 4 ba 2,822 sqft , 2026-02-11
111 Sailfish St
Lakeway Sec 01
$2,760,000 $746 3 bd / 3 ba 3,698 sqft , 2026-04-21
3006 Washington Sq
Allen J B
$2,750,000 $816 4 bd / 4 ba 3,371 sqft , 2026-02-26
1915 Brackenridge St
Blue Bonnet Hills
$2,750,000 $975 4 bd / 5 ba 2,820 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
$13,416/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
$559,000
20% conventional investment loan

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

Estimated Gross Rent+$13,416
Principal + Interest−$15,253
Property Tax (~2.1% TX avg)−$4,891
Insurance (~0.5%)−$1,165
Est. Monthly Cash Flow $-7,893

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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