About This Home

This bright mid-century home in a friendly and quiet neighborhood that is perfect for buyers. The home has more livable space due to the sunroom. Spacious single story home with 3 bedrooms located in north Austin. Natural light with luxury wooden flooring creates a warm and welcoming environment. 5 minutes from the Apple campus just off Parmer Lane and the Domain for shopping and entertainment. No HOA. Kitchen has granite countertops, large cabinet storage, higher-end appliances. Open dining and living areas. Master closet with walk-in space and extra room for seasonal clothing The expansive240 sq ft sunroom patio off the dining room provides an enclosed area with separate mini split AC. Don't miss the chance to view this home. Foundation repair completed May 2026

At $305/sqft, this home is 22% 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

4601 Tamarack Trl, Austin, TX 78727

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Property Details

Price $475,000

Status Active Listing

Beds 3

Full Baths 2

Half Baths ,

Living Area 1,556 sqft

Lot Size 0.20 acres (8,685.86 sqft)

Year Built 1981

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Northwood 04

County Travis

Zip Code 78727

$/sqft $305/sqft

Days on Market ,

HOA None / verify with agent

Annual Tax Est. $9,816.09

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT232395266

List Date June 2, 2026

Elementary School Summitt

Middle School Murchison

High School Anderson

School District ,

Have Questions About This Property?

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 2, 2026 $560,000

Previous ask $495,000

Current ask $475,000

▼ Reduced $85,000 (-15.2%) 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

5143 Ganymede Dr
Milwood Sec 11 $455,000 $350 3 bd / 2 ba 1,301 sqft , 2026-04-13

13006 Council Bluff Dr
Northwood Iv $495,000 $242 3 bd / 2 ba 2,046 sqft , 2026-07-07

12603 Palfrey Dr
Reserve At Northwood $499,900 $301 3 bd / 2 ba 1,659 sqft , 2026-02-09

12710 Poquoson Dr
Northwood 03 $499,999 $303 3 bd / 2 ba 1,651 sqft , 2026-04-23

12708 Poquoson Dr
Northwood 03 $450,000 $226 4 bd / 3 ba 1,990 sqft , 2026-07-15

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

$2,280/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

$95,000

20% conventional investment loan

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

Estimated Gross Rent+$2,280

Principal + Interest−$2,592

Property Tax (~2.1% TX avg)−$831

Insurance (~0.5%)−$198

Est. Monthly Cash Flow $-1,341

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

About the Author

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 5, 2026.

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

4601 Tamarack Trl