Active Listing  ·  41 days on market

4717 Mount Vernon Dr #A

Austin, TX 78745
$749,000
3 Bed 3 Bath 1,818 sqft $412/sqft Built 2021 0.10 acres 1-Car Garage Pool 4717 Mount Vernon Drive

This stunning 3-bedroom, 2.5-bath home blends contemporary design with warm, inviting living spaces in one of South Austin's most desirable locations. A charming Saltillo tile entry creates standout curb appeal and welcomes you inside, where beautiful wood floors, modern fixtures, and abundant natural light define the bright, open-concept floor plan. Designed for both everyday living and effortless entertaining, the spacious living room is anchored by a thermoelectric fireplace framed by custom built-ins and flows seamlessly into the dining area and chef-inspired kitchen. The kitchen is a true showpiece, featuring quartz countertops, a dramatic waterfall-edge center island, custom cabinetry, and premium Bertazzoni appliances. The thoughtfully designed floor plan includes a dedicated office, ideal for working from home. Upstairs, the spacious primary suite offers a peaceful retreat with a spa-like ensuite bath featuring a double vanity, a large walk-in shower, and a walk-in closet. Oversized sliding doors create a seamless connection between the indoor and outdoor living spaces, opening to a private backyard designed for entertaining. Enjoy an expansive deck with string lights, perfect for al fresco dining or relaxing with friends, while a second-story terrace provides the ideal spot for morning coffee or unwinding at sunset. Situated in the heart of central South Austin, you'll enjoy easy access to some of the city's best dining, shopping, and entertainment, including South Congress, South First, South Lamar, the St. Elmo District, and the popular Menchaca Road entertainment corridor.

At $412/sqft, this home is priced 5% above the Austin active market average of $393/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 $749,000
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 · Single Family Residence
Subdivision 4717 Mount Vernon Drive
County Travis
Zip Code 78745
$/sqft $412/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $13,270.1
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT242312226
List Date August 13, 2026
Elementary School St Elmo
Middle School Covington
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.

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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
4101 Menchaca Rd #205
4101 Menchaca
$749,000 $414 3 bd / 4 ba 1,809 sqft , 2026-05-13
3604 Marcae Ct #1
3604 Marcae Condos
$750,000 $409 3 bd / 3 ba 1,834 sqft , 2026-08-05
3803 Wilson St
Williamson Add Sec 2 & Resubs
$735,000 $438 3 bd / 3 ba 1,680 sqft , 2026-04-16
1808 Forest Hill Dr
PARK FOREST SEC 1
$730,000 $398 4 bd / 2 ba 1,832 sqft , 2026-04-10
2204 Fair Oaks Dr
Southern Oaks Sec 03
$770,000 $369 4 bd / 3 ba 2,084 sqft , 2026-08-20

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
$3,595/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
$149,800
20% conventional investment loan

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

Estimated Gross Rent+$3,595
Principal + Interest−$4,088
Property Tax (~2.1% TX avg)−$1,311
Insurance (~0.5%)−$312
Est. Monthly Cash Flow $-2,116

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 August 16, 2026.

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