Active Listing  ·  167 days on market

4709 Leslie Ave

Austin, TX 78721
$339,000
3 Bed 1 Bath 1,064 sqft $319/sqft Built 1953 0.10 acres Pool Cedar Valley

Welcome to 4709 Leslie Ave, a refreshed East Austin bungalow offering an inviting opportunity at a newly improved price. This 3-bedroom, 1-bath home features 1,064 square feet, a practical layout, and easy flow among the living, dining, and kitchen areas.

Fresh interior paint creates a bright, clean backdrop, while thoughtful updates add modern appeal without losing the home’s original character. The manageable footprint offers comfortable everyday living with less upkeep—and plenty of potential to personalize over time.

Conveniently located near East Austin’s popular restaurants, coffee shops, entertainment, and neighborhood destinations, with quick access to major roadways and downtown Austin. Whether you’re searching for your first home, a low-maintenance city retreat, or an East Austin investment, 4709 Leslie Ave delivers location, flexibility, and value at an approachable price point.

At $319/sqft, this home is 19% below the Austin active market average of $393/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

4709 Leslie Ave, Austin, TX 78721

Property Details

Price $339,000
Status Active Listing
Beds 3
Full Baths 1
Half Baths ,
Living Area 1,064 sqft
Lot Size 0.10 acres (4,164.34 sqft)
Year Built 1953
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Cedar Valley
County Travis
Zip Code 78721
$/sqft $319/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $6,088.44
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT225563831
List Date April 9, 2026
Elementary School Norman-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 9, 2026 $400,000
Previous ask $342,000
Current ask $339,000
Reduced $61,000 (-15.3%) 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
1811 Webberville Rd #1206
East Grove Condominiums
$339,000 $291 2 bd / 2 ba 1,165 sqft , 2026-07-08
1122 Spur #D St #D
Pecan Valley
$330,000 $288 3 bd / 2 ba 1,144 sqft , 2026-05-14
5309 Prock Ln
Green Valley 02
$350,000 $389 2 bd / 1 ba 900 sqft , 2026-03-12
5220 Hutchinson Dr
Senate Hills Sec. 1
$325,000 $317 3 bd / 2 ba 1,025 sqft , 2026-09-10
1616 Webberville Rd #A
Flournoy's Eastern Hills Sec 4
$315,000 $438 2 bd / 1 ba 720 sqft , 2026-01-07

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
$1,627/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
$67,800
20% conventional investment loan

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

Estimated Gross Rent+$1,627
Principal + Interest−$1,850
Property Tax (~2.1% TX avg)−$593
Insurance (~0.5%)−$141
Est. Monthly Cash Flow $-957

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 18, 2026.

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