Active Listing  ·  21 days on market

4603 Charles Ave

Austin, TX 78746
$4,999,990
5 Bed 7 Bath 5,213 sqft $959/sqft Built 2026 0.41 acres 3-Car Garage Pool New Construction Lake Side Add

Crafted to evoke the grace of an established estate, this newly built residence at 4603 Charles Ave pairs old-world character with the precision and performance of modern construction. Set in Austin’s coveted 78746, the five-bedroom, five-bath home encompasses 5,213 square feet of thoughtfully composed interiors, offering generous scale without sacrificing warmth or intimacy.

Its timeless design is expressed through balanced proportions, layered millwork, and architectural details that feel collected rather than newly installed. Carefully considered transitions, substantial trim, and finely finished surfaces lend every room a sense of permanence. Inset cabinetry provides a tailored, furniture-like presence, reflecting the exceptional attention given to alignment, reveals, hardware, and craftsmanship. High-end finishes are integrated with restraint, creating a sophisticated backdrop that will remain relevant well beyond passing trends.

Across the expansive floor plan, five bedrooms and five baths allow for privacy, comfortable hosting, and flexible everyday living. Gracious gathering areas support everything from quiet mornings to formal occasions, while the home’s cohesive material palette ensures each space feels connected. Natural light and refined detailing bring dimension throughout, reinforcing an atmosphere that is polished yet inviting.

More than a new construction offering, this is a home designed to mature beautifully—classic in spirit, exacting in execution, and distinctly suited to its West Austin setting. For buyers who value authenticity as much as luxury, 4603 Charles Ave presents an uncommon balance of heritage-inspired architecture, contemporary comfort, and enduring quality.

At $959/sqft, this home is priced 144% above the Austin active market average of $393/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

4603 Charles Ave, Austin, TX 78746

Property Details

Price $4,999,990
Status Active Listing
Beds 5
Full Baths 5
Half Baths 2
Living Area 5,213 sqft
Lot Size 0.41 acres (17,659.22 sqft)
Year Built 2026
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Lake Side Add
County Travis
Zip Code 78746
$/sqft $959/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $25,511.24
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT245557289
List Date September 2, 2026
Elementary School Bridge Point
Middle School Hill Country
High School Westlake
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
3413 Bunny Run
Davenport West Sec 04 Ph 01
$4,950,000 $1,133 5 bd / 5 ba 4,370 sqft , 2026-07-03

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
$24,000/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
$999,998
20% conventional investment loan

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

Estimated Gross Rent+$24,000
Principal + Interest−$27,287
Property Tax (~2.1% TX avg)−$8,750
Insurance (~0.5%)−$2,083
Est. Monthly Cash Flow $-14,120

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 3, 2026.

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