Active Listing  ·  69 days on market

4620 W William Cannon Dr #2

Austin, TX 78749
$379,000
2 Bed 3 Bath 1,397 sqft $271/sqft Built 2000 0.12 acres 2-Car Garage Pool Westcreek Ranch Condo Amd Ph

Beautiful townhome-style condo in a gated Southwest Austin community! This 2-bedroom, 2.5-bath home offers 1,397 SF of comfortable living with an open floor plan, abundant natural light, and an attached 2-car garage. Step outside to your private backyard with direct access to the greenbelt and scenic hiking trails, providing the perfect blend of nature and convenience.

Residents enjoy resort-style amenities including a community pool, hot tub, clubhouse, and beautifully maintained grounds. This lock-and-leave community offers a low-maintenance lifestyle with HOA dues covering exterior insurance, roof and exterior maintenance, landscaping, common area upkeep, and community amenities.

Ideally located near shopping, restaurants, and everyday conveniences, with easy access to MoPac, Highway 290/71, and just minutes from Downtown Austin. Whether you're commuting to work, enjoying Austin's vibrant dining scene, or exploring nearby trails, this home offers the best of Southwest Austin living.

At $271/sqft, this home is 31% 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

4620 W William Cannon Dr #2, Austin, TX 78749

Property Details

Price $379,000
Status Active Listing
Beds 2
Full Baths 2
Half Baths 1
Living Area 1,397 sqft
Lot Size 0.12 acres (5,022.47 sqft)
Year Built 2000
Garage 2 spaces
Stories ,
Type Residential · Condominium
Subdivision Westcreek Ranch Condo Amd Ph
County Travis
Zip Code 78749
$/sqft $271/sqft
Days on Market ,
HOA $465/Monthly
Annual Tax Est. $2,133
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT236300241
List Date June 16, 2026
Elementary School Patton
Middle School Small
High School Austin
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
4620 W William Cannon Dr #24
Westcreek Ranch Condo Amd Ph
$372,000 $285 2 bd / 3 ba 1,304 sqft , 2026-08-06
6501 Brush Country Rd #137
Westcreek Landing Condo
$349,900 $329 2 bd / 2 ba 1,062 sqft , 2026-02-28
6801 Beckett Rd #143L
Cottage Court Condominiums
$325,000 $335 2 bd / 2 ba 970 sqft , 2026-07-21
5509 Porsche Ln
Westcreek Ph 03 Sec 05
$450,000 $319 3 bd / 2 ba 1,411 sqft , 2026-07-24
6010 Morning Dew Dr
Westcreek Sec 2
$479,000 $300 3 bd / 2 ba 1,598 sqft , 2026-05-22

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
$1,819/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
$75,800
20% conventional investment loan

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

Estimated Gross Rent+$1,819
Principal + Interest−$2,068
Property Tax (~2.1% TX avg)−$663
Insurance (~0.5%)−$158
Est. Monthly Cash Flow $-1,070

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 June 17, 2026.

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