Active Listing  ·  22 days on market

4801 Fern Holw

Austin, TX 78731
$1,049,000
3 Bed 4 Bath 2,536 sqft $414/sqft Built 1984 0.19 acres 2-Car Garage Pool Cat Mountain Villas Sec 02

Tucked into the tree-lined enclave of Cat Mountain Villas, this meticulously cared-for 3-bedroom, 3.5-bath home on a coveted corner lot offers the perfect blend of comfort, privacy, and effortless indoor-outdoor living. Soaring two-story ceilings, warm hardwood floors, two stone gas fireplaces, premium Anderson windows (dual pane with insulating glass), and abundant natural light create an inviting sense of space throughout. The gourmet kitchen flows seamlessly into the dining area and out to the beautifully landscaped backyard, making everyday living and entertaining a breeze. The lush, private grounds feature tiered stone retaining walls, mature trees, and multiple outdoor living areas. The spacious primary suite offers vaulted ceilings, generous windows, and doors opening directly onto the patio, while the remodeled primary bathroom provides a beautiful retreat. Additional updates include a recent HVAC replacement adding comfort and peace of mind. Community amenities include a pool, tennis, and pickleball courts. Ideally located in a highly desirable neighborhood with access to highly rated schools and just five miles from Downtown and The Domain—close to everything, yet wonderfully removed from it all. A truly special home that has been lovingly maintained and is a must-see!

At $414/sqft, this home is priced 6% above the Austin active market average of $390/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

4801 Fern Holw, Austin, TX 78731

Property Details

Price $1,049,000
Status Active Listing
Beds 3
Full Baths 3
Half Baths 1
Living Area 2,536 sqft
Lot Size 0.19 acres (8,450.64 sqft)
Year Built 1984
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Cat Mountain Villas Sec 02
County Travis
Zip Code 78731
$/sqft $414/sqft
Days on Market ,
HOA $63/Monthly
Annual Tax Est. $16,675.86
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT250379583
List Date October 21, 2026
Elementary School Highland Park
Middle School Lamar (Austin ISD)
High School McCallum
School District Austin ISD

Austin ISD

Highland Park · Lamar (Austin ISD) · McCallum

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
4724 Palisade Dr
Cliff Over Lake Austin 02
$990,000 $405 3 bd / 3 ba 2,445 sqft , 2026-10-22
4324 Far West Blvd
Meadow Mountain 03
$1,125,000 $373 4 bd / 3 ba 3,013 sqft , 2024-12-06
7101 Sungate Dr
Highland Hills Northwest Sec 3
$1,199,000 $514 4 bd / 3 ba 2,334 sqft , 2026-09-04
4605 Beechwood Holw
Cat Mountain Villas Sec 02
$815,000 $388 3 bd / 3 ba 2,102 sqft , 2026-04-24
3911 Dry Creek Dr
Shinoak Valley Sec 01
$1,285,000 $605 3 bd / 3 ba 2,124 sqft , 2026-08-03

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
$5,035/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
$209,800
20% conventional investment loan

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

Estimated Gross Rent+$5,035
Principal + Interest−$5,725
Property Tax (assumed ~2.1%)−$1,836
Insurance (assumed ~0.5%)−$437
Est. Monthly Cash Flow $-2,963

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 · 41 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. The written content was last updated on October 23, 2026.

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

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