Active Listing  ·  0 days on market

4801 Cabob St

Austin, TX 78744
$260,000
3 Bed 2 Bath 1,308 sqft $199/sqft Built 1980 0.17 acres 2-Car Garage Pool South Highlands Amd

Welcome to this Charming two-story home in Southeast Austin featuring an incredible energy-efficient upgrade! This 3 bedroom, 2 bath property boasts a functional layout with high ceilings and a spacious living area centered around a wood burning fireplace. Enjoy maximum convenience with your own personal bar & covered backyard patio privately fenced in, so it's perfect for pets and intimate social gatherings with friends and family! The exterior features low maintenance brick veneer accents. Best of all, the rooftop solar panels provide massive utility savings year-round (which is crucial during these Tx Summers!). Located entirely outside the FEMA floodplain with no HOA restrictions or fees, this property offers incredible freedom and peace of mind. Excellent proximity to local schools and just a short drive to major transit corridors for an easy commute into downtown Austin. Schedule your tour today to make this love house your HOME! :)

At $199/sqft, this home is 49% 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

4801 Cabob St, Austin, TX 78744

Property Details

Price $260,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,308 sqft
Lot Size 0.17 acres (7,596.86 sqft)
Year Built 1980
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision South Highlands Amd
County Travis
Zip Code 78744
$/sqft $199/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $6,183.7
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT247594542
List Date September 22, 2026
Elementary School Widen
Middle School Mendez
High School Akins
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
2518 Dovemeadow Dr
Dove Spgs Sec 01
$250,000 $209 3 bd / 2 ba 1,194 sqft , 2026-09-09
4600 Cedargrove Dr
Franklin Park Amd
$275,000 $217 3 bd / 2 ba 1,265 sqft , 2026-06-04
4805 Crest Oak Rd
Williamson Creek Sec 01-A
$279,000 $239 3 bd / 2 ba 1,169 sqft , 2026-08-08
4410 Dove Springs Dr
Dove Spgs Sec 02 Ph 02
$240,222 $252 3 bd / 1 ba 955 sqft , 2026-04-22
4808 Brook Crest Rd
Williamson Creek Sec 01-A
$280,000 $277 3 bd / 2 ba 1,012 sqft , 2026-09-01

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
$1,248/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
$52,000
20% conventional investment loan

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

Estimated Gross Rent+$1,248
Principal + Interest−$1,419
Property Tax (~2.1% TX avg)−$455
Insurance (~0.5%)−$108
Est. Monthly Cash Flow $-734

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 22, 2026.

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