Active Listing  ·  110 days on market

4600 Cedargrove Dr

Austin, TX 78744
$275,000
3 Bed 2 Bath 1,265 sqft $217/sqft Built 1976 0.16 acres 2-Car Garage Pool Franklin Park Amd

Seller offering $5,000 credit towards closing cost with full price offer. A beautifully updated and renovated home that is move-in ready and designed for comfortable everyday living. This home features fresh modern updates throughout, creating a clean, inviting feel from the moment you walk in.

The kitchen is a standout feature, offering updated finishes and the convenience of included kitchen appliances, making the home even more practical for the next owner. The living spaces feel bright and welcoming, with a layout that works well for relaxing, entertaining, or spending time with family.

Recent renovations give the home a refreshed look while maintaining a warm, livable feel. Whether you are a first-time buyer, relocating, downsizing, or looking for a low-maintenance home with thoughtful updates, this property is a strong option.

At $217/sqft, this home is 45% below the Austin active market average of $392/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

4600 Cedargrove Dr, Austin, TX 78744

Property Details

Price $275,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,265 sqft
Lot Size 0.16 acres (6,987.02 sqft)
Year Built 1976
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Franklin Park Amd
County Travis
Zip Code 78744
$/sqft $217/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $6,507.01
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT232728543
List Date June 4, 2026
Elementary School Rodriguez
Middle School Mendez
High School Akins
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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Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · June 4, 2026 $350,000
Previous ask $285,000
Current ask $275,000
Reduced $75,000 (-21.4%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

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
4805 Crest Oak Rd
Williamson Creek Sec 01-A
$279,000 $239 3 bd / 2 ba 1,169 sqft , 2026-08-08
4808 Brook Crest Rd
Williamson Creek Sec 01-A
$280,000 $277 3 bd / 2 ba 1,012 sqft , 2026-09-01
5308 Meadow Crst
Williamson Creek Sec 02
$285,000 $192 3 bd / 2 ba 1,486 sqft , 2026-08-04
5436 Juniper Junction Ln #83
Arbor Ridge Condo Amd
$289,500 $196 3 bd / 3 ba 1,479 sqft , 2026-09-03
4801 Cabob St
South Highlands Amd
$260,000 $199 3 bd / 2 ba 1,308 sqft , 2026-09-22

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
$1,320/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
$55,000
20% conventional investment loan

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

Estimated Gross Rent+$1,320
Principal + Interest−$1,501
Property Tax (~2.1% TX avg)−$481
Insurance (~0.5%)−$115
Est. Monthly Cash Flow $-777

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 September 22, 2026.

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