Active Listing  ·  194 days on market

4717 Mount Vernon Dr #A

Austin, TX 78745
$759,500
3 Bed 3 Bath 1,818 sqft $418/sqft Built 2021 0.10 acres 1-Car Garage Pool Greenwood Forest

This beautifully appointed three-bedroom, two-and-a-half-bath residence with a dedicated office offers an exceptional blend of refined design and urban convenience, just minutes from Downtown Austin. Natural light fills the home through expansive picture-frame windows, complemented by a Saltillo-tiled entry and sophisticated lighting, including dimming pendants in the dining area and dimmers throughout the kitchen and living spaces.

The open-concept floor plan is ideal for everyday living and entertaining, seamlessly connecting indoor and outdoor spaces. The living room features a sleek thermoelectric fireplace and roll-down privacy window treatments, while a private fenced yard and rear patio provide space for year-round enjoyment. The eat-in chef’s kitchen showcases Bertazzoni appliances, custom cabinetry, quartz countertops, and a striking waterfall island.

Upstairs, the primary suite offers a serene retreat with designer tile selections, dual vanities, a spa-like walk-in shower, and a large walk-in closet. Locking closets add flexibility for short-term rental potential. Additional highlights include smooth drywall finishes, energy-efficient construction, a tankless water heater, and an attached one-car garage with no shared driveway, enhanced by elevated ceiling storage racks.

Ideally located near South Congress, South First, South Lamar, Joe’s Coffee on Manchaca, and the emerging St. Elmo district, this home delivers luxury, versatility, and location in one compelling offering.

At $418/sqft, this home is priced 7% above the Austin active market average of $391/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

4717 Mount Vernon Dr #A, Austin, TX 78745

Property Details

Price $759,500
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,818 sqft
Lot Size 0.10 acres (4,399.56 sqft)
Year Built 2021
Garage 1 spaces
Stories ,
Type Residential · Condominium
Subdivision Greenwood Forest
County Travis
Zip Code 78745
$/sqft $418/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $14,609.49
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT217148455
List Date January 22, 2026
Elementary School St Elmo
Middle School Bedichek
High School Travis
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
15608 CHECOTAH Dr
Travis Landing 02 Ph 05
$759,000 $511 3 bd / 2 ba 1,484 sqft , 2025-02-04
5405 Apache Creek Cv
Travis Country
$752,500 $357 4 bd / 2 ba 2,109 sqft , 2026-03-25
5305 Ledesma Rd #1
0
$750,000 $313 4 bd / 4 ba 2,400 sqft , 2026-04-29
2905 E 5th St #A
2905 East 5th Condos
$750,000 $451 3 bd / 3 ba 1,664 sqft , 2026-06-19
3602 Serena Woods Ct
Serena Woods
$750,000 $413 4 bd / 2 ba 1,816 sqft , 2026-07-03

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
$3,646/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
$151,900
20% conventional investment loan

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

Estimated Gross Rent+$3,646
Principal + Interest−$4,145
Property Tax (~2.1% TX avg)−$1,329
Insurance (~0.5%)−$316
Est. Monthly Cash Flow $-2,144

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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