Active Listing  ·  16 days on market

4702 Everglade Dr

Austin, TX 78745
$555,000
3 Bed 2 Bath 1,479 sqft $375/sqft Built 1956 0.20 acres 1-Car Garage Pool Park Forest Sec 01

Fully updated a few years ago, this house gets better and better as you walk through it. Keeping the charm of the original house but with full modern amenities throughout. Updated plumbing from cast iron to PVC, Updated electric, Updated windows.

At $375/sqft, this home is 4% 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

4702 Everglade Dr, Austin, TX 78745

Property Details

Price $555,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,479 sqft
Lot Size 0.20 acres (8,624.88 sqft)
Year Built 1956
Garage 1 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Park Forest Sec 01
County Travis
Zip Code 78745
$/sqft $375/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $11,710
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT242273053
List Date August 8, 2026
Elementary School Joslin
Middle School Covington
High School Crockett
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
4917 Sunset Trl #A
Sunset Trail Condos Ph 2
$559,000 $312 3 bd / 3 ba 1,792 sqft , 2026-03-25
4120 Valley View Rd #B
4120 Valley View Condo
$550,000 $397 2 bd / 3 ba 1,385 sqft , 2026-05-28
4614 Jinx Ave
Greenwood Forest Sec 02
$560,000 $284 3 bd / 2 ba 1,975 sqft , 2026-06-04
4602 Frontier Trl
Western Trails Sec 02
$549,900 $353 3 bd / 2 ba 1,556 sqft , 2026-06-13
3700 Clawson Rd #603
Clawson Rdg Condos Bldg 6
$564,500 $354 2 bd / 3 ba 1,596 sqft , 2026-04-01

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
$2,664/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
$111,000
20% conventional investment loan

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

Estimated Gross Rent+$2,664
Principal + Interest−$3,029
Property Tax (~2.1% TX avg)−$971
Insurance (~0.5%)−$231
Est. Monthly Cash Flow $-1,567

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 August 16, 2026.

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