Active Listing  ·  108 days on market

4703 Dorchester Heights Ln

Austin, TX 78754
$309,900
3 Bed 2 Bath 1,877 sqft $165/sqft Built 2007 0.23 acres 2-Car Garage Pool Colonial Place Amd

N/A

At $165/sqft, this home is 58% 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

4703 Dorchester Heights Ln, Austin, TX 78754

Property Details

Price $309,900
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,877 sqft
Lot Size 0.23 acres (10,188.68 sqft)
Year Built 2007
Garage 2 spaces
Stories ,
Type Residential · Condominium
Subdivision Colonial Place Amd
County Travis
Zip Code 78754
$/sqft $165/sqft
Days on Market ,
HOA $50/Monthly
Annual Tax Est. $6,643.43
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT226820764
List Date April 18, 2026
Elementary School Bluebonnet Trail
Middle School Manor (Manor ISD)
High School Manor
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
10525 Steinbeck Dr
Bradshaw Crossing Sub
$309,900 $164 4 bd / 2 ba 1,890 sqft , 2026-05-20
10413 Crescendo Ln
Bradshaw Crossing Sub Sec 7
$309,900 $182 4 bd / 2 ba 1,706 sqft , 2026-06-18
6228 Adair Dr
Stirling Bridge Sec 6
$309,999 $186 3 bd / 2 ba 1,670 sqft , 2026-04-24
110 W Garrett Run
Western Trails Of Quail Creeks
$310,000 $218 3 bd / 2 ba 1,420 sqft , 2026-03-19
12507 Esplanade St
Lamplight Village Sec 05
$310,000 $199 3 bd / 2 ba 1,561 sqft , 2026-05-01

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
$1,488/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
$61,980
20% conventional investment loan

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

Estimated Gross Rent+$1,488
Principal + Interest−$1,691
Property Tax (~2.1% TX avg)−$542
Insurance (~0.5%)−$129
Est. Monthly Cash Flow $-874

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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