Active Listing  ·  7 days on market

4708 Velasco Pl

Austin, TX 78749
$389,000
3 Bed 3 Bath 1,495 sqft $260/sqft Built 1986 0.16 acres 2-Car Garage Pool Maple Run Sec 07-B

High ceilings and a fireplace anchor the inviting living room of this two-story home in Southwest Austin. The residence features three bedrooms, two/half bathrooms, a breakfast room, and a formal dining room.

Inside, the functional layout offers separate spaces for meals and gatherings, complemented by the airy atmosphere of the main living area.

Exterior features include a two-car garage, a covered patio, and a fenced yard. The property is situated on a 0.16-acre lot, providing outdoor space for entertaining.

This location offers connections to the surrounding area with access to Loop 1, US 290, and US 71. Neighbors enjoy close proximity to major retailers, restaurants, fitness centers, and walking trails.

Roof recently replaced on 9/04/26 with Architectural Asphalt Shingles.

At $260/sqft, this home is 34% 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

4708 Velasco Pl, Austin, TX 78749

Property Details

Price $389,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,495 sqft
Lot Size 0.16 acres (7,165.62 sqft)
Year Built 1986
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Maple Run Sec 07-B
County Travis
Zip Code 78749
$/sqft $260/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $8,824.79
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT246559511
List Date September 16, 2026
Elementary School Boone
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.

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
7805 Wakefield Dr
Woodstone Village Sec 03
$415,000 $306 3 bd / 2 ba 1,354 sqft , 2026-07-05
7906 Wycombe Dr
Woodstone Village Sec 01
$420,000 $310 3 bd / 2 ba 1,353 sqft , 2026-06-18
4613 MOLERA Dr
MAPLE RUN SEC 7 B
$428,000 $302 3 bd / 2 ba 1,416 sqft , 2026-08-28
5515 DAVIS Ln #81
VILLAGE AT WESTERN OAKS SEC
$349,000 $266 2 bd / 2 ba 1,310 sqft , 2026-07-17
4019 Alexandria Dr
Maple Run Sec 04-A
$338,500 $277 3 bd / 2 ba 1,220 sqft , 2026-09-17

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
$1,867/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
$77,800
20% conventional investment loan

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

Estimated Gross Rent+$1,867
Principal + Interest−$2,123
Property Tax (~2.1% TX avg)−$681
Insurance (~0.5%)−$162
Est. Monthly Cash Flow $-1,099

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 September 17, 2026.

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