Active Listing  ·  112 days on market

4601 Gallego Cir

Austin, TX 78738
$999,999
4 Bed 4 Bath 3,929 sqft $255/sqft Built 2014 0.19 acres 3-Car Garage Pool Ladera Ph 4B

Backing directly to Falconhead Golf Course, this 4-bedroom Taylor Morrison home in Ladera delivers the views, privacy, and Hill Country lifestyle that are hard to find at $255/sq ft, making it the best value in the neighborhood.

The layout is open and functional, with soaring two-story windows, a cozy fireplace, wood floors, a dedicated home office, and a primary suite on the main level. Upstairs, a true media/theater room with projector is ready for movie nights and game days, plus a flexible loft space and elevated golf course views.

Out back, the covered patio overlooks a yard with serious potential — bring your pool designer, outdoor kitchen plans, and fire pit ideas. The canvas is ready.

Additional highlights include a tandem 3-car garage with epoxy floors and overhead storage, granite kitchen with center island, and freshly updated laundry room.

All of this just minutes from the Hill Country Galleria, top dining, and zoned to Lake Travis ISD — Lake Pointe Elementary, Bee Cave Middle, and Lake Travis High School.

At $255/sqft, this home is 35% 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

4601 Gallego Cir, Austin, TX 78738

Property Details

Price $999,999
Status Active Listing
Beds 4
Full Baths 3
Half Baths 1
Living Area 3,929 sqft
Lot Size 0.19 acres (8,128.3 sqft)
Year Built 2014
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Ladera Ph 4B
County Travis
Zip Code 78738
$/sqft $255/sqft
Days on Market ,
HOA $266/Quarterly
Annual Tax Est. $13,286.89
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT224473180
List Date April 14, 2026
Elementary School Lake Pointe
Middle School Bee Cave Middle School
High School Lake Travis
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
407 Forza Viola Way
Lakeway Highlands Ph 2 Sec 2A
$999,999 $285 5 bd / 5 ba 3,514 sqft , 2026-02-13
13240 Villa Montana Way
Comanche Canyon Ranch Sec 01
$1,000,000 $257 3 bd / 4 ba 3,895 sqft , 2025-10-20
19117 Hopper Ln
Sweetwater
$1,000,000 $290 4 bd / 4 ba 3,454 sqft , 2026-03-12
15108 General Williamson Dr
Cardinal Hills Estates Unit 16
$1,000,000 $361 4 bd / 4 ba 2,768 sqft , 2026-03-04
11228 Woodland Hills Trl
Steiner Ranch Ph 01 Sec 10A
$1,000,000 $250 4 bd / 4 ba 3,993 sqft , 2026-05-27

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
$4,800/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
$200,000
20% conventional investment loan

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

Estimated Gross Rent+$4,800
Principal + Interest−$5,457
Property Tax (~2.1% TX avg)−$1,750
Insurance (~0.5%)−$417
Est. Monthly Cash Flow $-2,824

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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