Active Listing  ·  185 days on market

4707 Leslie Ave #A

Austin, TX 78721
$399,900
3 Bed 3 Bath 1,699 sqft $235/sqft Built 2017 0.16 acres 1-Car Garage Pool CEDAR VALLEY

**1.5% Lender Credit Available** Beautifully designed home just minutes from Downtown and the Mueller District, offering a perfect blend of style, efficiency, and location. Inside, you’ll find polished concrete floors, rich hardwoods, sleek quartz countertops, and expansive picture windows that flood the home with natural light. Soaring ceilings paired with 8-foot doors create a bright, open atmosphere that feels both modern and inviting.

The spacious primary suite is a true retreat, featuring a spa-like bathroom with a walk-in shower and a generous closet. Thoughtful upgrades throughout include a standing seam metal roof, tankless water heater, and a striking aluminum garage door.

With recent HVAC work in 2024 and a recently inspected roof in great condition, this home offers peace of mind along with standout design. Well built and move-in ready, this one is not to be missed. **When buyers choose the seller’s preferred lender, they may receive a 1.5% lender credit (based on the total loan amount) for qualified borrowers. This credit can be applied toward: Buyer closing costs, Interest rate buydown - Subject to loan approval and lender guidelines. Contact agent for details.

At $235/sqft, this home is 40% 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

4707 Leslie Ave #A, Austin, TX 78721

Property Details

Price $399,900
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,699 sqft
Lot Size 0.16 acres (6,969.6 sqft)
Year Built 2017
Garage 1 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision CEDAR VALLEY
County Travis
Zip Code 78721
$/sqft $235/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $12,331.26
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT224837879
List Date April 6, 2026
Elementary School Sims
Middle School Garcia
High School Northeast Early College
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 →

Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · April 6, 2026 $499,900
Previous ask $449,900
Current ask $399,900
▼ Reduced $100,000 (-20.0%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

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
3206 Goodwin Ave
Spillar & Greenwood Add
$399,900 $296 3 bd / 1 ba 1,353 sqft , 2026-09-11
3606 Abbate Cir
Abbate
$400,000 $335 4 bd / 1 ba 1,194 sqft , 2026-06-18
4802 Carsonhill Dr
Crest Hills Sec 01
$399,500 $283 3 bd / 2 ba 1,410 sqft , 2026-07-14
1118 Spur St
Pecan Valley
$399,000 $339 4 bd / 2 ba 1,177 sqft , 2026-06-02
4806 Carsonhill Dr
Crest Hills Sec 01
$399,000 $261 3 bd / 2 ba 1,527 sqft , 2026-08-05

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
$1,920/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
$79,980
20% conventional investment loan

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

Estimated Gross Rent+$1,920
Principal + Interest−$2,182
Property Tax (~2.1% TX avg)−$700
Insurance (~0.5%)−$167
Est. Monthly Cash Flow $-1,129

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 October 2, 2026.

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