Active Listing  ·  137 days on market

4707 Little Hill Cir

Austin, TX 78725
$249,500
3 Bed 2 Bath 1,025 sqft $243/sqft Built 1971 0.15 acres Pool Craigwood Sec 02

Located in East Austin’s established Craigwood community, this updated 3-bedroom, 2-bath single-story home offers an ideal blend of comfort, convenience, and investment potential—currently tenant-occupied for immediate income opportunity. Inside, the 1,025 sq ft layout features durable hardwood-look porcelain tile in main living areas, an open-concept design, and a modern kitchen with shaker cabinetry, granite countertops, stainless steel appliances, gas cooking, and a refrigerator that conveys. Both bathrooms are fully updated with contemporary finishes, while energy-efficient features include a tankless water heater, updated windows, and doors. The exterior offers great curb appeal with mature trees, plus a spacious fenced backyard with a deck—perfect for entertaining—and a storage shed that conveys. Positioned just minutes from Mueller (4 miles), Downtown Austin (6 miles), Tesla Gigafactory (7.5 miles), Austin-Bergstrom International Airport (8 miles), and The Domain (11 miles), with quick access to Hwy 183 and SH 130, this home places you near Austin’s top employers, dining, and entertainment. Whether you're a first-time buyer or investor looking for a well-located East Austin property with strong rental appeal, this home checks all the boxes.

At $243/sqft, this home is 38% 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

4707 Little Hill Cir, Austin, TX 78725

Property Details

Price $249,500
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,025 sqft
Lot Size 0.15 acres (6,599.34 sqft)
Year Built 1971
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Craigwood Sec 02
County Travis
Zip Code 78725
$/sqft $243/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT224387037
List Date April 7, 2026
Elementary School Norman-Sims
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.

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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
4607 Craigwood Dr
Craigwood Sec 02
$250,000 $198 3 bd / 2 ba 1,264 sqft , 2026-03-10
5613 Signal Pt
Meadows At Trinity Crossing Ph
$275,000 $255 3 bd / 2 ba 1,080 sqft , 2026-05-24
4712 Little Hill Cir
Craigwood Sec 02
$215,000 $173 4 bd / 2 ba 1,240 sqft , 2026-07-30
1811 Webberville Rd #1209
East Grove Condominiums
$299,000 $286 2 bd / 2 ba 1,045 sqft , 2026-05-27
4801 Springdale Rd #2309
Gravity ATX Condos
$299,900 $291 2 bd / 2 ba 1,031 sqft , 2026-08-06

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
$1,198/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
$49,900
20% conventional investment loan

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

Estimated Gross Rent+$1,198
Principal + Interest−$1,362
Property Tax (~2.1% TX avg)−$437
Insurance (~0.5%)−$104
Est. Monthly Cash Flow $-705

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 May 14, 2026.

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