Active Listing  ·  26 days on market

4802 Brighton Rd

Austin, TX 78745
$515,000
3 Bed 2 Bath 1,176 sqft $438/sqft Built 1964 0.17 acres Pool Greenwood Forest Sec 02

Situated on a beautiful, oversized, tree-filled lot just minutes from downtown, this extensively renovated 3-bedroom, 2-bath home combines timeless charm, modern style, and exceptional future potential in one of South Austin's most popular neighborhoods. Surrounded by stylish remodels and new construction, this move-in-ready property offers a rare blend of generous outdoor space, modern updates, and long-term investment potential.

Thoughtfully updated for comfortable, low-maintenance living, the home features numerous major improvements completed within the past three years, including a new roof, energy-efficient windows, HVAC system, electrical panel, and countless additional upgrades throughout. The beautifully renovated kitchen features a large center island, butcher block countertops, updated cabinetry, and modern finishes, while the spacious primary suite includes a spacious closet and an stunning en-suite bath.

The expansive backyard offers exceptional flexibility with ample room for an Accessory Dwelling Unit (ADU), guest house, pool, home office, or an incredible outdoor entertaining space. A secondary driveway provides convenient access to the backyard, making future expansion even more accessible. Ideally located just minutes from South Austin hot spots, Downtown Austin, and countless local restaurants, shops, and entertainment, this property delivers the ideal combination of modern updates, a large lot, and ADU potential in the heart of South Austin.

At $438/sqft, this home is priced 12% 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

4802 Brighton Rd, Austin, TX 78745

Property Details

Price $515,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,176 sqft
Lot Size 0.17 acres (7,509.74 sqft)
Year Built 1964
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Greenwood Forest Sec 02
County Travis
Zip Code 78745
$/sqft $438/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $7,723
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT238985506
List Date July 9, 2026
Elementary School Joslin
Middle School Covington
High School Crockett
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
910 W 25th St #508
Galileo At 25 Condo
$515,000 $422 2 bd / 2 ba 1,220 sqft , 2026-04-01
2500 Longview St #507
Cascade Condominiums
$515,000 $460 2 bd / 2 ba 1,119 sqft , 2026-04-10
1325 Central Park Ct
Central Park (Salem Center Resub Of Lt B-1)
$515,000 $340 3 bd / 3 ba 1,514 sqft , 2026-06-24
1140 Webberville Rd #9
Ashton East Condominium Townhomes
$515,000 $437 2 bd / 3 ba 1,178 sqft , 2026-06-25
2110 Malvern Hill Dr
Southwest Oaks Sec 01
$515,000 $354 3 bd / 2 ba 1,453 sqft , 2026-07-14

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
$2,472/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
$103,000
20% conventional investment loan

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

Estimated Gross Rent+$2,472
Principal + Interest−$2,811
Property Tax (~2.1% TX avg)−$901
Insurance (~0.5%)−$215
Est. Monthly Cash Flow $-1,455

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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