Active Listing  ·  105 days on market

4516 Pack Saddle Pass

Austin, TX 78745
$549,900
3 Bed 2 Bath 1,697 sqft $324/sqft Built 1958 0.24 acres 2-Car Garage Pool Western Trails Sec 02

Located on a spacious .24-acre corner lot in the highly desirable Western Oaks neighborhood of South Austin, 4516 Pack Saddle Pass offers a unique opportunity to make a classic mid-century modern home your own. This 3-bedroom, 2-bath residence combines architectural character, a flexible floor plan, and an exceptional location in one of South Austin's most established neighborhoods.

The home features two living areas, with the second offering the flexibility to serve as a home office, study, media room, or additional gathering space. An oversized garage provides excellent parking and storage, while a separate workshop and additional storage space add even more functionality.

Several important improvements have already been completed, including vinyl windows, a newer roof, wood laminate flooring, and foundation repairs performed by Bruechert Foundation with a transferable warranty. The home is ready for its next owner to bring their builder, designer, or remodeler and update the cosmetic finishes to complement today's lifestyle while preserving the home's mid-century character.

The generous corner lot provides plenty of space and a beautiful setting within Western Oaks. Whether you envision thoughtfully updating the existing design or creating a fresh interpretation of mid-century modern living, this property offers an excellent canvas with many of the important improvements already addressed.

Enjoy an established South Austin location with convenient access to shopping, dining, entertainment, major thoroughfares, and everything that makes this part of Austin so desirable. A wonderful opportunity to combine location, lot size, architectural character, flexible living spaces, and renovation potential in Western Oaks.

At $324/sqft, this home is 17% 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

4516 Pack Saddle Pass, Austin, TX 78745

Property Details

Price $549,900
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,697 sqft
Lot Size 0.24 acres (10,410.84 sqft)
Year Built 1958
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Western Trails Sec 02
County Travis
Zip Code 78745
$/sqft $324/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $3,970.24
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT240062791
List Date July 30, 2026
Elementary School Joslin
Middle School Covington
High School Crockett
School District Austin ISD

Austin ISD

Joslin · Covington · Crockett

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
4120 Valley View Rd #B
4120 Valley View Condo
$550,000 $397 2 bd / 3 ba 1,385 sqft , 2026-05-28
4200 Valley View Rd #B
Valley View Condos
$550,000 $335 3 bd / 3 ba 1,644 sqft , 2026-07-09
1704-1 REDD None
1704 REDD CONDOMINIUMS
$549,000 $305 3 bd / 3 ba 1,802 sqft , 2026-10-14
4904 Enchanted Ln
Park Forest Sec 02
$540,000 $386 3 bd / 2 ba 1,400 sqft , 2026-09-10
2003 Fair Oaks Dr
Southern Oaks Sec 01
$539,999 $343 3 bd / 2 ba 1,575 sqft , 2026-08-28

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
$2,640/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
$109,980
20% conventional investment loan

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

Estimated Gross Rent+$2,640
Principal + Interest−$3,001
Property Tax (assumed ~2.1%)−$962
Insurance (assumed ~0.5%)−$229
Est. Monthly Cash Flow $-1,552

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 November 11, 2026.

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

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