Active Listing  ·  10 days on market

4519 Depew Ave

Austin, TX 78751
$1,745,000
7 Bed 6 Bath 3,918 sqft $445/sqft Built 2007 0.20 acres 3-Car Garage Pool Ridgetop Annex

Front house is approx ~2993 SF with 5 bedrooms and 3.5 baths. The value of the main home is 1.345M. The rear house is approx ~925 SF with 2 bedrooms and 1.5 baths (currently rented for $1995) . The value for the additional home is $400K. Both homes have their own enclosed garage. Floorplan Attached

Exceptional opportunity just minutes from Hyde Park! Total squre feet of both dwellings 3,918 sqft, this versatile property is ideal as a primary residence, income-producing rental, or multi-generational living arrangement. The main home features high ceilings, stepped crown molding throughout, solid wood floors, a beautiful gourmet kitchen, and an extra-deep professionally designed primary closet. Enjoy seamless indoor-outdoor living with a wide covered front porch and multiple decks, perfect for entertaining.

At $445/sqft, this home is priced 14% 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

4519 Depew Ave, Austin, TX 78751

Property Details

Price $1,745,000
Status Active Listing
Beds 7
Full Baths 4
Half Baths 2
Living Area 3,918 sqft
Lot Size 0.20 acres (8,498.56 sqft)
Year Built 2007
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Ridgetop Annex
County Travis
Zip Code 78751
$/sqft $445/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $19,072.56
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT243508744
List Date August 14, 2026
Elementary School Lee
Middle School Kealing
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.

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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
515 E 49th St
Grubb
$1,875,000 $413 6 bd / 5 ba 4,538 sqft , 2026-05-21

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
$8,376/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
$349,000
20% conventional investment loan

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

Estimated Gross Rent+$8,376
Principal + Interest−$9,523
Property Tax (~2.1% TX avg)−$3,054
Insurance (~0.5%)−$727
Est. Monthly Cash Flow $-4,928

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 · 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 August 19, 2026.

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