Active Listing  ·  147 days on market

4607 Craigwood Dr

Austin, TX 78725
$250,000
3 Bed 2 Bath 1,264 sqft $198/sqft Built 1972 0.19 acres 1-Car Garage Pool Craigwood Sec 02

This 3-bed, 1.5-bath needs some TLC, but is in a great location. The kitchen and bathroom have been remodeled.

At $198/sqft, this home is 49% 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

4607 Craigwood Dr, Austin, TX 78725

Property Details

Price $250,000
Status Active Listing
Beds 3
Full Baths 1
Half Baths 1
Living Area 1,264 sqft
Lot Size 0.19 acres (8,398.37 sqft)
Year Built 1972
Garage 1 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Craigwood Sec 02
County Travis
Zip Code 78725
$/sqft $198/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $6,785.16
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT221963749
List Date March 10, 2026
Elementary School Jordan
Middle School Garcia
High School Lyndon B Johnson (Austin ISD)
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
1010 Rundberg Ln #24
Summertree Condo
$250,000 $202 3 bd / 2 ba 1,238 sqft , 2025-10-29
2314 Klattenhoff Dr
Wells Branch Ph D Sec 01
$250,000 $203 2 bd / 1 ba 1,233 sqft , 2025-10-23
3840 Far West Blvd #101
Far West Skyline Condo
$250,000 $294 2 bd / 2 ba 849 sqft , 2026-03-18
2918 N Ranch Road 620 Rd #W219
Villas On Travis Condo Amd
$250,000 $179 2 bd / 3 ba 1,395 sqft , 2025-04-28
9525 N Capital Of Texas Hwy #623
Loop Condo
$250,000 $257 2 bd / 1 ba 972 sqft , 2026-01-08

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
$1,200/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
$50,000
20% conventional investment loan

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

Estimated Gross Rent+$1,200
Principal + Interest−$1,364
Property Tax (~2.1% TX avg)−$438
Insurance (~0.5%)−$104
Est. Monthly Cash Flow $-706

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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